Macroprudential Policy and Financial Stability

15.3.2027 - 21.4.2027

5 cr

Registration open

Online

The purpose of the course is to develop students’ knowledge of rapidly developing macroprudential policy managed by Central Banks in the EU. These policies will ultimately cover the whole financial system important in international risk evaluation.
• The purpose of macroprudential policy is to lower the probability of financial crises and limit impacts of crises on the financial system and
macroeconomy.
• Ex ante policy - Prevent and mitigate the crisis in a forward-looking manner - Different from crisis management and resolution
• Authority has the power to require financial institutions to hold “additional” capital buffers or set other restrictions - Banks also have to fulfil
“traditional” capital requirements
Course analyses the main roots of the economic crisis and the impact of the economic situation, especially in Euro Area Member States. General debate and problems related to slow economic growth in Europe.

Contains

Check the institution’s website for the required studies.

No active implementations at present.

Additional information and registration

Price and registration period: Check on the university's website

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Additional information:

Fields

Social sciences

Scope

5 cr

Code

KANS3022

By the end of the course students will achieve the following intended learning outcomes:

Students should be able to analyse systemic risks in financial markets and economies;
Students should be able to solve macroprudential analysis and understanding its theoretical basis;
Students should be able to use in financial market analysis early warning indicators;
Students should be able to adapt contagion analysis related especially to interbank markets and understand the implications of bank capital requirements in maintaining stability of financial markets;
Students should be able to understand the causes of recent economic crises and understand the benefits and possible problems related to economy and monetary union.

Dr. Katja Taipalus is Head of Bank of Finland’s Financial Stability and Statistics Department
Dr. Esa Jokivuolle is Head of Research in the Research Unit of the Monetary Policy and Research
Dr. Karlo Kauko works as senior adviser in Bank of Finland
Dr. Antti Suvanto is editor of Kansantaloudellinen aikakauskirja

Right to attend: All master's students in economics at University of Vaasa and with cooperation in University of Jyväskylä and University of Tampere, master's students in finance at University of Vaasa max 30-40 students, especially those specializing in banking studies.

Organiser

University of Vaasa

Contact details

avoinyo@uwasa.fi

029 449 8004

Belongs to themes:

Safety, security and risk management

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