| CODE | ECN3021 | ||||||
| TITLE | Monetary Economics | ||||||
| UM LEVEL | 03 - Years 2, 3, 4 in Modular Undergraduate Course | ||||||
| MQF LEVEL | Not Applicable | ||||||
| ECTS CREDITS | 5 | ||||||
| DEPARTMENT | Economics | ||||||
| DESCRIPTION | Course Objective: The course examines monetary theory and institutions, focusing on the relationship between money, prices, interest rates and economic activity. The course considers the theoretical foundations of monetary analysis and policy, and examines the institutional structure within which theory and policy operate. Indicative list of topics to be covered: - Monetary aggregates and their measurement - Interest rates - Asymmetric information and financial institutions - Central banks and the money supply process - The conduct of monetary policy including tools, targets and strategies Suggested Text Book: - Frederic S. Mishkin. (2000). The Economics of Money, Banking and Financial Markets Addison Wesley Longman. (M) - Michael Burda and Charles Wyplosz. (1997). Macroeconomics: A European Text Oxford University Press. (B&W) Other Readings: - William P. Yohe. (1995). Interactive Money and Banking Blackwell. - Alan S. Blinder. (1998). Central Banking in Theory and Practice MIT Press. |
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| STUDY-UNIT TYPE | Lecture | ||||||
| METHOD OF ASSESSMENT |
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| LECTURER/S | Charmaine Portelli |
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The University makes every effort to ensure that the published Courses Plans, Programmes of Study and Study-Unit information are complete and up-to-date at the time of publication. The University reserves the right to make changes in case errors are detected after publication.
The availability of optional units may be subject to timetabling constraints. Units not attracting a sufficient number of registrations may be withdrawn without notice. It should be noted that all the information in the description above applies to study-units available during the academic year 2025/6. It may be subject to change in subsequent years. |
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