Monetary Theory and Policy

Course Code: 
ECON3005

This course is designed to cover basic materials in modern Monetary Theory: the Demand for and Supply of Money and Credit; Interest Rate Theory, Inflation and Rational Expectations.  The conduct of Monetary Policy and its effect on economic activity and the price level will also be discussed in the context of developing countries.

Semester: 
Semester 1
Pre-Requisites: 
ECON2000 & ECON2002