Apr 15, 2024  
2013-2014 Undergraduate Catalog 
2013-2014 Undergraduate Catalog [ARCHIVED CATALOG]

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ECON 405 - Monetary Theory and Policy

(3 S.H.)

The theory and practice of monetary policy in a modern open economy. This includes the microeconomic foundations of the demand for assets, including money; interrelationships between nonmonetary assets, money, and rates of return; the ability of central banks to manipulate the money supply and influence economic activity; and the roles of public and private debt in monetary policy. Prerequisites: △ ECON 303 - Intermediate Macroeconomics , △ ECON 304 - Money and Banking , or instructor’s permission.

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