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. |
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