Periods
(1-Sep-2009
– 16-Oct-2009)
(26-Oct-2009
– 11-Dec-2009)
(7-Jan-2010
– 5-Mar-2010)
(15-Mar-2010
– 14-May-2010)
The seminar lasts for the whole academic year 2009-2010. More information will be announced later on the MGE'S web-pages.
Seminar ( 2 h/week). Seminar Schedule is to be announced later.
This is an advanced course for economics majors (especially the MGE-students):
An advanced course in taxation and other public policies and their welfare and efficiency outcomes. The aim is to familiarise the students with some central theoretical ideas about optimal policies and to introduce the related empirical results. Methods for empirical evaluation of public policies, especially the subjective well-being approach, will be covered.
Course material:
- Lecture 1 [pdf]
- Lecture 2 [pdf]
- Lecture 3 [pdf]
Exams
- 13.10. at 16-19, Pinni A3107
- 1st retake: 9.11. (enrolment required)
- 2nd retake: 7.12. (enrolment required)
Overview of the foundations of behavioral finance. Issues and limits concerning both the "efficient markets" and "behavioral" approaches will be examined. Direct applications to the financial markets will be examined.
Literature:
- Shefrin, Hersh: Beyond Greed and Fear, Oxford University Press, USA, 2007
- Schleifer, Andrei: Inefficient Markets: An Introduction to Behavioral Finance, Oxford University Press, USA, 2000.
- Selected articles as detailed by the lecturer
The seminar lasts for the whole academic year 2009-2010. More information will be announced later on the MGE'S web-pages.
Seminar ( 2 h/week). Seminar Schedule is to be announced later.
This is an advanced course especially for MGE-students and for advanced studies in economics (KTALS211) and for post-graduate studies in economics (KTALJ140).
This course is very suitable also for advanced and post-graduate studies in health economics and in other relevant subjects.
MGE´s web-pages http://www.mge-pepf.eu/
Continues from the autumn semester 2009. Please take a look at the MGE´s web-pages.
Course objective:
Overview of the basics of monetary economics, the role of banking, and the activities of the banking sector while taking account of international financial markets. This will be done primarily from an economic perspective. In addition, the institutional organization of various markets will be detailed, and some historical context of the international monetary system will be provided. Ultimately, the goal is to provide a framework for analyzing current and future financial market issues.
Contents:
Review of the demand and supply of money, and the role of banks as financial intermediaries. Review of central banks´policies and their impact on the banking sector, other finance organizations and investors, and ultimately the financial markets. In addition, there will be an overview of international financial markets. Especially with respect to foreign exchange, the interrelations between the more liquid markets will be emphasized.
Literature:
. Mishkin, F.S.: The Economics of Money, Banking and Financial Markets, Addison-Wesley Publishing, 6th edition, 2002. Chapters 1-20 and 24-26.
2. Textbook on international finance (to be determined): From which we will cover the various arbitrage and parity conditions applicable to international finance (e.g., triangular arbitrage and the law-of-one-price, purchasing power parity, covered interest arbitrage, interest rate parity, and the Fisher effects).
3. Articles
Requirements for the credit units (6 ECTS): Exam.
Course material:
Continues from the autumn semester 2009. Please take a look at the MGE´s web-pages.
Lectures (12 h) and reading material.