Catalog Content |
Basic Concepts: Introduction to money and capital markets; Functions of Money; Financial Intermediaries; Classical, Keynesian and Monetarist Theories; An Introduction to Monetary Economics: Quantity theory, Keynesian monetary theory, Liquidity preference and liquidity trap; Money in Economy; Monetary Policy and the Central Banking; Goals, Targets and Instruments in Monetary Policy: Open market operations, Reserve requirements, Discount rate; Interest Rate: Nominal and real interest rates, Loanable funds theory; Currency Crises; Concluding Remarks: Balance sheet analyses of central and commercial banks, Reading and interpreting the indicators. |