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.
Module presenters: Monique Reid and Hylton Hollander
Course outline (Part I Monetary Theory)
Course outline (Part II Monetary Policy)
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BER Weekly
11 Oct 2024The domestic data releases were mixed this week, with a downtick in manufacturing in August and mining output looking a little better. There were some positive steps on the reform front, but also disappointments, with a setback on port reform. The international economic newsflow focussed on the US monetary policy outlook, with markets now scaling back...
Read the full issue
BER Weekly
11 Oct 2024The domestic data releases were mixed this week, with a downtick in manufacturing in August and mining output looking a little better. There were some positive steps on the reform front, but also disappointments, with a setback on port reform. The international economic newsflow focussed on the US monetary policy outlook, with markets now scaling back...
Read the full issue