Teaching
Monetary Economics
Monetary economics studies the role of money and monetary authorities in a modern economy. We approach the topic in two sections: (i) monetary policy with specific application to the international financial crisis and (ii) monetary theory. The aim is to provide students with a solid understanding of monetary theory and to study the role of monetary authorities in the run-up to, unfolding and legacy of the international financial crisis. Part I covers the core theory of monetary economics, considering the nature of money, the role of expectations in monetary economics, the process of inflation and the Phillips curve. The role of monetary authorities in the financial crisis is the subject matter for Part II.
Course instructors: Monique Reid and Dawie van Lill
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BER Weekly
8 August 2022Last week we received the first batch of SA activity data for July. As expected, intense load-shedding took its toll on the manufacturing sector. However, some of the other data was more positive. The international section provides an overview of the US nonfarm payrolls for July which saw employment surge back above pre-pandemic levels and the unemployment...
Read the full issue
BER Weekly
8 August 2022Last week we received the first batch of SA activity data for July. As expected, intense load-shedding took its toll on the manufacturing sector. However, some of the other data was more positive. The international section provides an overview of the US nonfarm payrolls for July which saw employment surge back above pre-pandemic levels and the unemployment...
Read the full issue