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
6 July 2020The main domestic data event over the past week was the release of the 2020Q1 GDP figures. Although not as poor as feared, the data still highlighted just how weak the SA economy was even before the unprecedented COVID-19 crisis hit with full force in 2020Q2. In other domestic news, a heated debate is raging about the fiscal consolidation outlined in...
Read the full issue
BER Weekly
6 July 2020The main domestic data event over the past week was the release of the 2020Q1 GDP figures. Although not as poor as feared, the data still highlighted just how weak the SA economy was even before the unprecedented COVID-19 crisis hit with full force in 2020Q2. In other domestic news, a heated debate is raging about the fiscal consolidation outlined in...
Read the full issue