(in Polish) Pieniądz, wahania koniunktury, wzrost 2400-PLSM157C
The first part of the seminar is devoted to methods of preparing a master's thesis, i.e. ways of formulating and verifying research hypotheses.
Then, with the help of the instructor, students choose a thesis topic and, by the end of the first semester, collect data and conduct a preliminary empirical study.
The second semester is devoted to preparing the final version of the empirical study and describing its conclusions.
In the third semester, students write chapters devoted to a literature review and a factual chapter justifying the topic of the thesis.
Examples of master's theses topics include:
- how did the financial and pandemic crises affect long-term growth?
- have economic fluctuations influenced income convergence between countries?
- are economic fluctuations related to the financial cycle?
- can monetary and fiscal policy mitigate recessions?
- did the actions of central banks during crises cause inflation during the subsequent recovery?
- what does labor productivity depend on and what is its relationship with wages?
- what increases companies' resistance to economic fluctuations?
Szacunkowy nakład pracy studenta: 23ECTS x 25h = 575h
(K) - godziny kontaktowe (S) - godziny pracy samodzielnej
wykład (zajęcia): 0h (K) 0h (S)
ćwiczenia (zajęcia): 30h (K) 15h (S)
egzamin: 0h (K) 0h (S)
konsultacje: 30h (K) 30h (S)
przygotowanie do ćwiczeń: 0h (K) 0h (S)
przygotowanie do wykładów: 0h (K) 0h (S)
przygotowanie do kolokwium: 0h (K) 0h (S)
przygotowanie do egzaminu: 0h (K) 200h (S)
pisanie pracy: 0h (K) 270h (S)
Razem: 60h (K) + 515h (S) = 575h
Type of course
Course coordinators
Learning outcomes
Knowledge. After completing the seminar, the student:
- determines factors affecting productivity
- understands the goals and real effects of monetary policy
- knows monetary policy strategies and central bank policies during and after the financial crisis
- is able to analyze the relationships between fiscal and monetary policy and economic fluctuations
- is able to analyze the role of the financial market in strengthening and weakening cyclical fluctuations and in stimulating long-term growth.
Skills. After completing the seminar, the student is able to:
- formulate hypotheses and verify them using econometric tools
- write a research paper
- use and interpret data from the databases of the World Bank, International Monetary Fund, Bank for International Settlements
Social competence:
- Ability to plan time
- Ability to use multiple sources of information to deepen knowledge about the importance of financial markets
Assessment criteria
The only evaluation criterion is progress in preparing the master's thesis.
Bibliography
The literature will be matched to the topics of works selected by students.
The following publications are good sources of inspiration:
Dieppe, A. (Ed.). (2021). Global productivity: Trends, drivers, and policies. World Bank Publications. https://www.worldbank.org/en/research/publication/global-productivity
English, B, K Forbes, and Á Ubide (eds) (2024), Monetary Policy Responses to the Post-Pandemic Inflation, CEPR Press. https://cepr.org/publications/books-and-reports/monetary-policy-responses-post-pandemic-inflation
Fuentes, M. N., & Moder, I. (2021). The scarring effects of past crises on the global economy. Economic Bulletin Boxes, 8.
https://www.ecb.europa.eu/pub/economic-bulletin/focus/2021/html/ecb.ebbox202008_01~e038be4510.en.html
Ingham, H. (2023). COVID‐19, the Great Recession and Economic Recovery: A Tale of Two Crises. JCMS: Journal of Common Market Studies, 61(2), 469-485. https://onlinelibrary.wiley.com/doi/full/10.1111/jcms.13383
Oman, W. (2019). The synchronization of business cycles and financial cycles in the euro area. International Journal of Central Banking, 15(1), 327-362. https://www.ijcb.org/journal/ijcb19q1a8.pdf
Additional information
Additional information (registration calendar, class conductors, localization and schedules of classes), might be available in the USOSweb system: