Monetary Economics

Victoria University of Wellington

Course Description

  • Course Name

    Monetary Economics

  • Host University

    Victoria University of Wellington

  • Location

    Wellington, New Zealand

  • Area of Study


  • Language Level

    Taught In English

  • Prerequisites

    ECON 202/212; QUAN 111 or (MATH 141/142, 151);

  • Course Level Recommendations


    ISA offers course level recommendations in an effort to facilitate the determination of course levels by credential evaluators.We advice each institution to have their own credentials evaluator make the final decision regrading course levels.

    Hours & Credits

  • Credit Points

  • Recommended U.S. Semester Credits
    3 - 4
  • Recommended U.S. Quarter Units
    4 - 6
  • Overview

    The role of money in various issues in macroeconomics, with particular attention to monetary theory and its policy implications. Topics include inflation, international monetary systems, capital, central banking, banking theory, and government debt.

    Course Learning Objectives
    By the end of this course, students should be able to
    1. explain the key issues addressed by a range of monetary economic theories
    2. identify key assumptions and the extent to which they influence the outcomes from the monetary models studied
    3. analyse the interactions between money and other assets
    4. analyse the effect of money on inflation, exchange rates, and real economic variables
    5. construct and use monetary models to evaluate how money affects savings, investment, the role of financial intermediaries, the payments system and international monetary systems.

    Three Best Tutorial Assignments 15%
    Mid-trimester Test 25%
    Final Examination 65%

Course Disclaimer

Courses and course hours of instruction are subject to change.

Some courses may require additional fees.

Credits earned vary according to the policies of the students' home institutions. According to ISA policy and possible visa requirements, students must maintain full-time enrollment status, as determined by their home institutions, for the duration of the program.

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.