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

18 January 2021
In short, last week’s local news headlines made for sombre reading. On the economic front, November manufacturing data surprised on the downside, although an upward revision to October’s print means that the sector is still on track for another sizeable positive contribution to quarterly GDP growth in Q4. The picture for Q1 is more muted after stage...

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Upcoming Seminars

No seminars are currently listed. Please check back soon.
 
More...

BER Weekly

18 January 2021
In short, last week’s local news headlines made for sombre reading. On the economic front, November manufacturing data surprised on the downside, although an upward revision to October’s print means that the sector is still on track for another sizeable positive contribution to quarterly GDP growth in Q4. The picture for Q1 is more muted after stage...

Read the full issue