Supplementary Modules

The following is an indicative list. Not all courses are necessarily offered every academic year; and the program may be enriched with further courses when appropriate and feasible.

See all courses offered in current and former semesters in the online course catalogue QIS.

This course reviews the latest research on central banks transparency and reviews the transformation of central banks to become more transparent, accountable, predictable as an important ingredient for communicating monetary policy and for safeguarding financial stability. The course combines guest speakers, case studies and lectures as part of reviewing the reasons for these developments and for providing markets with forward guidance as part of anchoring long-term inflation expectations. The lecture covers current practice of central banks and discusses the optimal level of transparency for independent institutions and the impact on trust.

The aim of the seminar is to familiarize students with the economics of the energy turnaround. This issue is not only an active area of academic research but also a hotly debated subject that is highly relevant for policy makers. The emphasis is put on three aspects of the challenges ahead: (1) energy supply (EEG, capacity markets, electricity generation etc.); (2) energy demand (energy efficiency in households and industry, energy use in transportation, energy storage etc.); (3) policies closely connected to the energy markets (competitiveness of the German economy, transportation and energy policies and others).

After an introduction describing the German energy turnaround - its history, aims and expectations the students will deliver presentations on one of the selected topics. The work is based on recent (empirical) studies and surveys and less focus is put on the technical aspects or theoretical modeling. The presentation topics will be assigned during the introductory meeting on the 16th of April from 18-20h.

The course is primarily intended for Master students in business and economics and especially recommended for those interested in policy making and the work of research institutes.

This course aims at understanding the complexity of international taxation.

Topics cover the principles of taxation of unlimited and limited taxpayers as well as: Principles of Tax Credits of Foreign Income, the OECD Model Tax Convention on Income, CFC and BEPS, EUTax Law.

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