Specialization Modules

Goals and content

The elective modules for monetary economics provide basic and advanced knowledge in the areas of monetary theory and policy. Besides theoretical considerations the modules place particular emphasis on the discussion of practical topics. This enables students to establish a connection between theory and empirical evidence. 


Career opportunities

Since the elective modules cover both practical and academic areas, there are numerous career opportunities for graduates. These include jobs at banks, insurance companies, industrial enterprises, government agencies, research institutes and the European System of Central Banks.


Module options

Bachelor students in Economics (PO 2010) can choose the elective modules „Monetary Economics I (lecture monetary policy)“ and „Monetary Economics II (seminar)“. Successful participants in both modules receive 6 credit points. Bachelor students in Business Administration can choose the courses „Monetary Economics I and II“ as elective specialization modules in economics (6 credits).

For Master students in economics (PO 2012 and 2015) we offer the elective modules „Current Topics in Monetary Economics“, „Topics in Economics“ "Research Internship Empirical Aspects of Monetary Economics (6 credits each). Master students in Business Administration are also free to choose these modules as a minor in Economics.


Overview of modules


Bachelor (PO 2010)

Module Monetary Economics I (Module
      number VWL 12) (6 credits)

Module Monetary Economics II (Module number
      VWL 13) (6 credits)

Master (PO 2012, 2015)

Module Current Topics in Monetary Economics
      (Module number VWLMWP 11, as from winter
       term 2019/2020: VWLMWP 28-33) (6 credits)

Module Current Topics in Economics (Module
      number VWL MWP25, as from winter term
     2019/2020: VWL MWP23-27 (6 credits)

Research Internship “Empirical Aspects of
      Monetary Economics” Module number
      VWL MWP31, as from winter term 2019/2020:
      VWL MWP20 (6 credits)

For further queries please contact Claudia Wellenreuther or Alexander Pütz.