Accueil > Financial macroeconomics

KFIN 2320A - Financial Macroeconomics

Type d'enseignement : Lecture alone

Semester : Autumn 2017-2018

Number of hours : 12

Language of tuition : English

Pre-requisite

Introduction to microeconomics, introduction to macroeconomics, core quantitative methods.

Course Description

This course offers fundamentals of money, banking and finance (markets) with focuses on current issues in the regulatory framework and monetary unconventional policies. Based on practical case studies, it mobilises strong economic history components and low level of mathematic formalism. Content includes: fundamentals of money, interest rates and financial instruments, equity, debt, financial intermediation, financial crises, banking management, banking regulation, central banking and monetary policy, foreign exchange market, international financial organisations and rational expectations

Teachers

SARRAT de TRAMEZAIGUES, Guillaume R. (Executive Director of Sciences Po Paris Department of Economics)

Pedagogical format

Each lecture starts with a review of last week economic and financial issues, then a review of compulsory readings, then the lecture itself. Despite its lecture like course, it is based on core exchange with students and in class applications/case studies.

Course validation

2 credits: Final exam (100%): a 2h individual exam (MCQ and a case study), outside class hours.

Workload

Students are required to read course materials ahead of each lecture. Considering the large specter of content reviewed in the course, a high (and motivating) work load is to be anticipated.

Required reading

  • Mishkin F.S., Matthews K., Giuliodori M., The Economics of Money and Banking, European Edition, 2013, Pearson
  • Knoop T.A., Modern Financial Macroeconomics, 2008, Blackwell

Additional required reading

  • Bailey R.E., The Economics of Financial Markets, 2014, Cambridge University Press
  • Kindleberger C.P., Aliber R.Z., Manias, Panics and Crashes, 2011, Palgrave Macmillan
  • Moschella M., Weaver C., Handbook of Global Economic Governance, 2014, Routledge