Università Cattolica del Sacro Cuore
Area of Study
Business, Economics, International Economics
Taught In English
Recommended U.S. Semester Credits4
Recommended U.S. Quarter Units6
Hours & Credits
The primary purpose of this course is to give participants a sound grounding in monetary economics. The functions of money will be defined and discussed. The main approaches to the demand for money will be presented and compared. Moreover some basic macroeconomic models will be analyzed in order to study the transmission mechanism of monetary policy.
II. The demand for money.
III. The supply of money.
IV. The transmission mechanisms of monetary policy.
F.S. MISHKIN-K. MATTHEWS-M. GIULIODORI, The economics of money, banking and financial markets, European edition, 2013.
Courses and course hours of instruction are subject to change.
Eligibility for courses may be subject to a placement exam and/or pre-requisites.
ECTS (European Credit Transfer and Accumulation System) credits are converted to semester credits/quarter units differently among U.S. universities. Students should confirm the conversion scale used at their home university when determining credit transfer.
Please note that some courses with locals have recommended prerequisite courses. It is the student's responsibility to consult any recommended prerequisites prior to enrolling in their course.