Monetary and Financial Economics (Field 3) EE432 Monetary Theory and Policy |
3 (3-0-6) |
Prerequisites: EE312 The role of money in the economy; studying monetary policy’s goals, tools, policy implementations, Transmission mechanisms of Monetary policy; Monetary policy and business cycles; monetary policy framework, exchange rate targeting and inflation targeting; The role of the Central Bank; The interaction between monetary and fiscal policies; The role of monetary policy in the open economy. |