On successful completion of the module, students should be able to:
1. Apply macroeconomic analysis in financial sector
2. Conduct macroprudential analysis in context of business cycles and systemic risks in financial markets;
3. Use financial data in European Financial market and to assess European Central Bank policies
4. Theoretical basis of macroprudential analysis and its theoretical basis useful in financial market analysis of early warning indicators.

The importance of financial stability for real economy. Recent developments in macroprudential policy and tools and their role in addition to traditional bank regulation in safeguarding financial stability. Systemic risks as threats to financial stability: identification, early warnings, and assessment. Contagion as a form of systemic risk. Financial stability and macroprudential policies in macroeconomic models.

Enrolment key to University of Vaasa Moodle page: Macroprudential

Course lectured at University of Vaasa. Course material will be available on University of Vaasa Moodle page, which will include links to recorded lectures and further information on the course.

Teachers are experts and policy makers from Bank of Finland.