Course overview
This course links the fields of macroeconomics and central banking. The role of money in the economy and the impact of monetary policy on the macroeconomy are examined. The course aims at providing students with the means to analyse monetary questions and institutions. It is not a course designed to further technical expertise in the instruments used in financial markets. Theories will be introduced during the lectures. Practical applications to current issues in money and banking will be discussed during the tutorials
Course learning outcomes
- Identify and describe the economic principles underlying the operation of financial intermediaries.
- interpret the goals of monetary policy.
- explain how central banks conduct monetary policy.
- discuss contemporary issues in monetary policy and financial stability.
- conduct a theoretical analysis of real-world issues and phenomena in money and banking