316-466 Monetary Economics

Credit Points

12.5

HECS Band

2

Coordinator

Dr C Edmond

Prerequisites

316-312 Macroeconomics and 316-313 Microeconomics.

Semester

2 (view timetable)

Contact

Three hours of lectures and seminars per week

Subject Description

An advanced introduction to modern monetary economics. Covers topics such as neoclassical monetary theory; price rigidities; interest rates, inflation targeting and central banking; rules versus discretion in monetary policy; microeconomic foundations of monetary economics. Both theoretical and empirical issues will be emphasised. Open economy aspects of monetary economics will be covered where appropriate.

Assessment

Either: A 3-hour end-of-semester examination (70%) and class assignments totalling not more than 3000 words (30%); or a 1.5-hour mid-semester examination (20%), a 3-hour end-of-semester examination (50%) and class assignments totalling not more than 3000 words (30%).

Prescribed Texts

To be advised.



Status:                   Official 2003
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