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)

Login

(for staff & registered students)



Need a password?
Forgot your password?

Upcoming Seminars

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

BER Weekly

17 May 2024
This week was another poor showing on the local industrial data front, with internal trade data mixed. While we still see very subdued quarterly growth, there is an increased possibility that the economy may have stagnated or tipped into a contraction in 2024Q1 relative to 2023Q4. Policy was also in focus as President Cyril Ramaphosa signed the National...

Read the full issue
 

Upcoming Seminars

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

BER Weekly

17 May 2024
This week was another poor showing on the local industrial data front, with internal trade data mixed. While we still see very subdued quarterly growth, there is an increased possibility that the economy may have stagnated or tipped into a contraction in 2024Q1 relative to 2023Q4. Policy was also in focus as President Cyril Ramaphosa signed the National...

Read the full issue