ECO342: Money and Banking

Semester: 

Fall

Offered: 

2018
This course explores the interaction between money, financial markets and institutions. We examine (1) the three roles of money – using cryptocurrencies as leading example, (2) the core principles of asset pricing, (3) how financial institutions help to overcome financial frictions, but may lead to financial crisis and bank runs – with the Great Depression, the Great Recession and the Euro crisis as prominent examples, (4) how monetary and macroprudential policy manage inflation and can help to mitigate financial crises, (5) the international financial architecture, especially the role of the International Monetary Fund, and the impact of FinTech on the financial sector.
Eco342_syllabus_f2018_a.pdf145 KB