|Prerequisite||ECNU212 & ECNU311|
|Assessment||40% Coursework, 60% examination|
MODULE INTRODUCTION, AIMS AND OBJECTIVES
The course is divided into two parts. In the first set of lectures the student will learn the basic principles of monetary economics: the nature of money, theories of money demand, money supply determination process and money in macroeconomic models. In the second part of the course the student will be guided through monetary policy theory: outline of the goals of monetary policy, Central bank credibility, the time inconsistency problem and types of policy rules.
LEARNING OUTCOMES AND SKILLS DEVELOPED
Knowledge and understanding of:
RECOMMENDED READING LIST