AØKK08098U Seminar: Advanced Monetary Macroeconomics (F)
MSc programme of Economics
The seminar is primary for students at the MSc of Economics
The course is a part of the financial line, signified by (F)
The aim of the seminar is to have students go into depth with recent research articles within the area of monetary macroeconomics. Students can do theoretical as well as empirically based work. It is a prerequisite to master good analytical skills and economic intuition.
A list of possible subjects is offered here. However, students are free to choose other subjects, or narrow/widen listed subjects in agreement with me.
- Financial frictions and crises in macroeconomic models
- Zero-lower-bound on nominal interest rates and the challenges it poses for policymaking
- Fiscal stimulus: The way out of a financial crisis?
- Monetary and fiscal policy interaction
- Numerical analyses of general equilibrium models of monetary policymaking (this can be done within a host of problems)
- Monetary policy coordination or monetary unification?
- Financial crises and unconventional monetary policy
- Inflation dynamics – what drives inflation?
- What should a central bank target?
- The optimal rate of inflation
- Monetary policy and asset price fluctuations
- Monetary policy and the housing market
Students are free to, and must, choose relevant literature themselves for their projects. A book that signals the level and requirements, is Carl Walsh’s “Monetary Theory and Policy” (2010, The MIT Press), which is the core curriculum in the masters course “Monetary Policy” (until 2015 named “Monetary Economics: Macro Aspects”).
Also, having followed the summer course on “Theoretical and Empirical Foundations of DSGE Modelling” is a great starting point.
- Category
- Hours
- Exam
- 0,6
- Project work
- 200
- Seminar
- 6
- Total
- 206,6
for enrolled students. More information about registration, schedule, rules, courses etc. can be found at the student intranet (KUnet) for courses (English) and student intranet (KUnet) for courses (Danish).
More information about seminars is available in KUnet for Study Programme (UK) and Study Programme (DK).
- Credit
- 7,5 ECTS
- Type of assessment
- Written assignmentA written seminar paper in English.
- Exam registration requirements
Attendance on the seminar. The mandatory commitment paper and seminar paper have been handed in at deadline.
- Aid
- All aids allowed
Al aids for the written seminarpaper.
- Marking scale
- 7-point grading scale
- Censorship form
- External censorship
up to 20 % censorship at the seminarpaper
- Exam period
Autumn 2016:
There is no mandatory introductory meeting, but students discuss subjects with teacher on a bilateral basis.
Deadline for submitting the commitment paper: October 1, 2016
Presentation days: November 30 and December 1, 2016
Deadline for submitting the seminar paper: November 14, 2016 at 10 AM
For enrolled students more information about examination, exam/re-sit, rules etc. is available at the student intranet for Examination (English) and student intranet for Examination (KA-Danish).
- Re-exam
According to the Curriculum the form of the re-sit exam has been changed from September 1, 2016 to a “Written seminar re-sit paper” of 7,5 ECTS within the same subject area as the seminar. There is no longer an oral exam and an earlier non-passed seminar paper cannot be used as a re-sit paper.
Criteria for exam assesment
The student must in a satisfactory way demonstrate that he/she has mastered the learning outcome of the course.
Course information
- Language
- English
- Course code
- AØKK08098U
- Credit
- 7,5 ECTS
- Level
- Full Degree Master
- Duration
- 1 semester
- Placement
- Autumn
- Schedule
- Autumn (36-50)
- Study board
- Department of Economics, Study Council
Contracting department
- Department of Economics
Course responsibles
- Henrik Jensen (13-74717a7e75773a76717a7f717a4c716f7b7a3a77813a7077)