BA course at the University of Bern.

Time: Monday, 10:15–12:00. Location: H4, 105.

This course is aimed at students interested in macro finance who have completed their mandatory training in microeconomics, macroeconomics, and mathematics. Macro finance focuses on the pricing of securities and other assets. Building on the Euler equation, we derive the fundamental pricing relationships. The course then explores a range of applications, including bubbles, government debt, money, the interaction between fiscal and monetary policy, CBDCs, and crypto assets. Grades are based on class participation, group work and presentations, and/or a written exam.