ECON 354 - Monetary Economics

The goal of this course is to introduce students to theoretical foundations of monetary economics and to help them apply theoretical tools to monetary policy analysis. The theoretical frameworks (overlapping generation models and liquidity and market failure models) are used as the basis for the study of topics such as quantity theory of money, inefficiency of inflation, credit markets and credit risk, Tobin Effect, liquidity of assets, etc. A special focus is on the relationship between money growth and inflation, monetary stabilization policy, the interaction between monetary and fiscal policy, and government programs.

Credits: 1.00
Corequisite: None
Prerequisites: ECON 251 and ECON 252
Major/Minor Restrictions: None
Class Restriction: No First-year
Area of Inquiry: Social Relations,Inst.& Agents
Liberal Arts CORE: None
Formerly: ECON 390

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