23418 Economics of Money and Finance6cp
Requisite(s): (23567 Intermediate Microeconomics OR 25567 Intermediate Microeconomics)) AND ((23568 Intermediate Macroeconomics OR 25568 Intermediate Macroeconomics)
These requisites may not apply to students in certain courses.
There are course requisites for this subject. See access conditions.
Anti-requisite(s): 25416 Economics of Money and Finance
This subject equips students with the conceptual tools to more thoroughly understand and interpret monetary phenomena in the macroeconomy. It develops the treatment of macro models in intermediate macroeconomics using key frameworks from intermediate microeconomics and uses this treatment to examine various explanations of interest rate determination, the interaction between money, inflation and output, and the functions and regulation of financial intermediaries. This provides a detailed framework for carefully investigating the principles and operation of monetary policy and enables students to develop the skills to evaluate recent challenges and developments in monetary policy implementation.
Detailed subject description.