Monetary Economics

Università Cattolica del Sacro Cuore

Course Description

  • Course Name

    Monetary Economics

  • Host University

    Università Cattolica del Sacro Cuore

  • Location

    Milan, Italy

  • Area of Study

    Business, Economics, International Economics

  • Language Level

    Taught In English

    Hours & Credits

  • ECTS Credits

    8
  • Recommended U.S. Semester Credits
    4
  • Recommended U.S. Quarter Units
    6
  • Overview

    COURSE AIMS
    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.

    COURSE CONTENT
    I. Introduction.
    II. The demand for money.
    III. The supply of money.
    IV. The transmission mechanisms of monetary policy.

    READING LIST
    F.S. MISHKIN-K. MATTHEWS-M. GIULIODORI, The economics of money, banking and financial markets, European edition, 2013.

    TEACHING METHOD
    Lectures.

    ASSESSMENT METHOD
    Written exam.

Course Disclaimer

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.