Monetary economics
(objectives)
The course aims to provide students with the tools needed to understand the functioning of a monetary economy and the operative aspects of Central Bank monetary policies. It explains what money is, the different approaches to the determinants of the demand for money and its supply, and the real effects of monetary factors in the short and the long run according to the main macroeconomic theories. Knowledge of basic microeconomic and macroeconomic notions is a prerequisite for the course.
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