Monetary Economics (3)

Course Level: Graduate

Overview of major theories relating money supply and interest rates to inflation and growth in the short- and long-runs. Review of contemporary research on central banks and alternative methods of making monetary policy in advanced industrial, emerging market, and developing economies. Practice with basic econometric methods used in monetary-policy analysis. Usually offered every fall. Prerequisite: ECON-601 or ECON-802, and ECON-505 or ECON-805.