Teaching at the Institute of Money and International Finance

The teaching focus at the Institute of Money and International Finance lies on the interdependencies of economical and fiscal problems in the context of monetary policy decisions.

This includes for example the functionality of international financial markets, central banks and monetary policy decisions, financial market regulation, financial crises and the analysis of exchange rate systems and currency areas.

The relevance of this topic is especially determined by the increased interdependencies of economical and fiscal questions in the context of global financial market integration and globalization. A consequence of this development is the increased risk of the occurance of financial crises and possible spillover effects. Due to this fact, new challenges for policy makers are arising, for example in the areas of monetary policy and banking and financial market regulation.

The students will learn, how this problems at the intersection of monetary macroeconomics between finance and macroeconomics can be analyzed by using theoretical and empirical methods. The development of implications for policy makers is one of the main aspects of the offered courses.

Fields of studies which include courses offered by our institute

Bachelor

WIRTSCHAFTSWISSENSCHAFT (6 SEMESTER)

Master

WIRTSCHAFTSWISSENSCHAFT (4 SEMESTER)

WIRTSCHAFTSINGENIEUR (4 SEMESTER)

Summer term 2025

Bachelor Wirtschaftswissenschaft

Kompetenzbereich Volkswirtschaftslehre, Volkswirtschaftslehre IV

Wiederholungstutorium zu Geld, Währung und Finanzmärkte (270090)

	Termine:	Lehrpersonen:
	Di. 07:30 - 09:00 \| I-401 (Gruppe 1)	Eiblmeier
	Mo. 12:45 - 14:15 \| I-401 (Gruppe 2)	Eiblmeier
Inhalt:	Das Tutorium wiederholt den Stoff der Vorlesung und Übung Geld, Währung und Finanzmärkte aus dem Wintersemester.
Literatur:	Bofinger, P. (2001) Monetary policy: goals, institutions, strategies, and instruments, Oxford University Press. Gischer, H., B. Herz und L. Menkhoff (2012) Geld, Kredit und Banken - Eine Einführung, 3. Auflage Berlin et al.
Bemerkungen:	Das Tutorium wird in der 1. Hälfte des Sommersemesters angeboten und endet in der Woche vor der Wiederholungsprüfung.

Kompetenzbereich Volkswirtschaftslehre

Geldpolitik (272050)

	Termine:	Lehrpersonen:
	Mi. 12:45 - 14:15 \| I-342	Dräger
Inhalt:	Aufgaben, Ziele und Instrumente von Zentralbanken Unabhängigkeit und Transparenz von Zentralbanken Transmissionsmechanismen von Geldpolitik Inflationssteuerung und Konjunkturstabilisierung Die Rolle von Erwartungen für die geldpolitische Steuerung
Literatur:	Literatur wird zu Beginn der Vorlesung bekannt gegeben.

Übung zu Geldpolitik (272051)

	Termine:	Lehrpersonen:
	Fr. 12:45 - 14:15 (14-tägig) \| I-401	Eiblmeier
Inhalt:	In der Übung werden Aufgaben und Anwendungsbeispiele zur Vorlesung Geldpolitik vorgestellt.
Bemerkungen:	Die Übung findet 14-tägig im Umfang von 90 Minuten statt.

Master Wirtschaftswissenschaft

Mehrere Kompetenzbereiche (Areas)

Financial Crises (379027)

	Termine:	Lehrpersonen:
	Mi. 18:15 - 19:45 \| I-342	Nghiem
Inhalt:	This course covers the topic of financial crises. We discuss different types of crises, such as banking and financial market crises, currency crises and sovereign debt crises and identify elements that are common to all types of financial crises. Recurring typologies of financial crises are described in models such as the Diamond-Dybvig model of bank runs and the Minsky model of financial cycles. Finally, we discuss case studies of different financial crises in detail and learn about policy responses to stabilize the financial system and to prevent future crises.
Literatur:	The relevant literature for the course will be announced at the beginning of the semester.
Bemerkungen:	The exam has to be written in English.

Exercise Financial Crises (379028)

	Termine:	Lehrpersonen:
	Di. 18:15 - 19:45 \| I-342	Nghiem
Inhalt:	Tutorial for the lecture Financial Crises.
Bemerkungen:	In the tutorial, students solve and discuss problem sets based on the course Financial Crises. The tutorial takes place every week and lasts 90 minutes.

Lecture Series: Financial Markets and the Global Challenges (379059)

	Termine:	Lehrpersonen:
	Di. 16:15 - 17:45 \| I-401	Blaufus, Dierkes, Dräger, Gassebner, Prokopczuk, Reichert, Schneider, Schröder, Sibbertsen, Sönksen, Todtenhaupt
Inhalt:	Financial markets are the backbone of the economy. The world is facing many challenges such as climate change, crime and international conflicts, ageing societies or economic disruptions. In this lecture series, faculty members of the School of Economics and Management will discuss how financial markets are related and/or might provide means to tackle these challenges.

Promotionsstudium

3. Bereich: Wissenschaftliche Kompetenzen

Doktorandenseminar Finance (574001)

Termine: Lehrpersonen:

Blockveranstaltung Dierkes, Dräger, Prokopczuk, Schneider

Inhalt:
PhD students in finance present their research projects.

	Termine:	Lehrpersonen:
	Blockveranstaltung	Dierkes, Dräger, Prokopczuk, Schneider
Inhalt:	PhD students in finance present their research projects.

Forschungsveranstaltungen

Research Seminar Financial Markets and the Global Challenges (77782)

	Termine:	Lehrpersonen:
	Mi. 11:00 - 12:30 \| I-442	Dierkes, Dräger, Gassebner, Prokopczuk, Schneider, Schröder, Sibbertsen, Sönksen, Todtenhaupt
Inhalt:	External guests present their latest research