The prerequisite (KATRAP11) is intended for degree students. The course will not be necessarily organized every year. Information on its organization will be published on the web pages of the School of Management.
Upon completion of the course and demonstration of a sufficient level of knowledge on the exam, the student will be capable of disentangling and evaluating current monetary policy and related economic and political responses and arguments. In short, by the end of the course each student should be able to evaluate fact from fiction in the realm of domestic and international money and banking.
Contents
The basics of monetary economics; The role of banking, and the activities of the banking sector while taking account of international financial markets; A review of various related concepts and concerns: the demand & supply of money, the role of banks as financial intermediaries, central banks’ policies & their impact on the banking sector, other finance organizations & investors, and ultimately the financial markets themselves; The institutional organization of various markets; Historical context of the international monetary system.
Teaching methods
Teaching method
Contact
Online
Lectures
32 h
0 h
Teaching language
English
Modes of study
Option
1
Available for:
Degree Programme Students
Other Students
Open University Students
Doctoral Students
Exchange Students
Participation in course work
In
English
Evaluation
Numeric 1-5.
Study materials
1. Reinhart - Rogoff: This Time is Different: Eight Centuries of Financial Folly, Princeton University Press, 2009.
2. Bernholz: Monetary Regimes and Inflation: History, Economic and Political Relationships, Edward Elgar Publishing, 2003.