ECON 51
The Practice of Monetary Policy
Last Offered n/a

This course is not offered in the current catalog

Class Details

This course will cover four practical aspects of modern monetary policy, with a focus on issues relevant to emerging market economies. We will begin with a discussion of the objectives of monetary policy–inflation, output, and financial stability-and the implications of conflicts between these objectives. We will move next to the topic of monetary policy transmission: how the central bank’s policy instrument affects the financial markets and the broader economy. The third topic ecompasses central bank independence, and the interaction between monetary and fiscal policy. We will conclude with a consideration of alternative policy frameworks, with particular attention to inflation targeting.
The Class: Format: wsp project
Grading:
Requirements/Evaluation: requirements and evaluation three short papers and a case study

Class Grid

Updated 4:46 am

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