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: Stan du Plessis and Monique Reid
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BER Weekly
11 June 2018Over the weekend, welcome news broke that the majority of public sector trade unions had signed a multi-year wage deal with the government. Unfortunately, the costs are significantly more than budgeted for by National Treasury in the February Budget. This means that the government is faced with some tough choices. The fact that GDP growth disappointed...
Read the full issue
BER Weekly
11 June 2018Over the weekend, welcome news broke that the majority of public sector trade unions had signed a multi-year wage deal with the government. Unfortunately, the costs are significantly more than budgeted for by National Treasury in the February Budget. This means that the government is faced with some tough choices. The fact that GDP growth disappointed...
Read the full issue