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KINT 3955 - The Changing political economy of central banking

Type d'enseignement : Lecture alone

Semester : Spring 2017-2018

Number of hours : 24

Language of tuition : English

Pre-requisite

aucun

Course Description

The crash of 2008 revealed that the world's central banks had failed to offset the financial imbalances that led to the crisis, and lacked the tools to respond effectively. What lessons should central banks learn from the experience, and how, in a global financial system, should cooperation between them be enhanced? We will discuss financial stability, inflation, and international cooperation between central banks.

Teachers

DAVIES, Howard (Professor of Practice)

Pedagogical format

Discussion-based seminars.

Course validation

One take-home mid-term exam: 40% (a 2,000-word essay), and 1 final in-classrom exam: 60%.

Workload

See course outline.

Required reading

Banking on the Future: the Fall and Rise of Central Banking, Howard Davies and David Green, Princeton University Press, 2010