MPE_MOEK Monetary Economics

Faculty of Economics and Administration
Autumn 2020
Extent and Intensity
2/1/0. 10 credit(s). Type of Completion: zk (examination).
Taught online.
Teacher(s)
Ing. Jan Jonáš, Ph.D. (lecturer)
Ing. Michal Kvasnička, Ph.D. (lecturer)
Ing. Jan Jonáš, Ph.D. (seminar tutor)
Guaranteed by
Ing. Michal Kvasnička, Ph.D.
Department of Economics - Faculty of Economics and Administration
Contact Person: Mgr. Jarmila Šveňhová
Supplier department: Department of Economics - Faculty of Economics and Administration
Timetable
Wed 12:00–13:50 P304
  • Timetable of Seminar Groups:
MPE_MOEK/01: Wed 7. 10. 14:00–15:50 S310, Wed 21. 10. 14:00–15:50 S310, Wed 4. 11. 14:00–15:50 S310, Wed 18. 11. 14:00–15:50 S310, Wed 2. 12. 14:00–15:50 S310, Wed 16. 12. 14:00–15:50 S310, J. Jonáš
MPE_MOEK/02: Wed 14. 10. 14:00–15:50 S310, Wed 11. 11. 14:00–15:50 S310, Wed 25. 11. 14:00–15:50 S310, Wed 9. 12. 14:00–15:50 S310, Wed 6. 1. 14:00–15:50 S310, J. Jonáš
MPE_MOEK/03: Thu 8. 10. 12:00–13:50 P302b, Thu 22. 10. 12:00–13:50 P302b, Thu 5. 11. 12:00–13:50 P302b, Thu 19. 11. 12:00–13:50 P302b, Thu 3. 12. 12:00–13:50 P302b, Thu 17. 12. 12:00–13:50 P302b, J. Jonáš
MPE_MOEK/04: Thu 15. 10. 12:00–13:50 P302b, Thu 12. 11. 12:00–13:50 P302b, Thu 26. 11. 12:00–13:50 P302b, Thu 10. 12. 12:00–13:50 P302b, Thu 7. 1. 12:00–13:50 P302b, J. Jonáš
Course Enrolment Limitations
The course is also offered to the students of the fields other than those the course is directly associated with.
fields of study / plans the course is directly associated with
there are 13 fields of study the course is directly associated with, display
Course objectives
The course focuses on theoretical aspects of main monetary institutions, that are money, banking industry and central banks. The main aim is deepening the understanding of the present form of these institutions and extending real economic analysis by financial and monetary aspects. The student learn more detailed knowledge about finance and working of the financial system and its the relation to the economic crises. The course draws mainly on the reading of present day literature on current topics. The main topics are 1) nature and functions of money, commodity and credit money, market and credit theory of money 2) the nature and functions of banks, banking industry and financial system, their interrelations and significance for the economy, 3) the role and function of central bank in a monetary system, and some selected aspects of monetary policy.
Learning outcomes
- to be well informed in banking and financial terminology;
- to be able to read monetary and financial institutions' balance sheets;
- to know the main reasons of existence of the monetary and financial institutions;
- to know the main principles of functioning of the monetary and financial institutions;
- to understand the mutual interdependence of financial szstem;
- to undrestand the role and functions of the central bank, including monetary policy realization;
- to gain the understanding of the reasons of debt and financial crises;
Syllabus
  • Essence of Money
  • Forms of Money, Commodity and Credit Money, Market and Credit theory of Money
  • Fractional Reserve Banking
  • Banking sestor, Banking assets and liabilities, Managing Liquidity and Risk
  • Central Bank and its Role in Monetary and Financial System
  • Banking stability and regulation
  • Monetary Policy
Literature
    required literature
  • KOHN, Meir. Financial institutions and markets. 2nd ed. New York: Oxford University Press, 2004. xxx, 674. ISBN 0195134729. info
  • JÍLEK, Josef. Finance v globální ekonomice. 1. vyd. Praha: Grada Publishing, 2013. 557 s. ISBN 9788024745169. info
  • JÍLEK, Josef. Finance v globální ekonomice. 1. vyd. Praha: Grada Publishing, 2013. 660 s. ISBN 9788024738932. info
    recommended literature
  • MENŠÍK, Josef. Peníze a peněžní politika (Money and Monetary Policy). 1st ed. Brno: Masarykova univerzita, Ekonomicko-správní fakulta, 2005. 142 pp. Distanční studijní opora. ISBN 80-210-3642-7. info
Teaching methods
Lectures and class discussions on seminars based on pre-reading of primary sources
Assessment methods
Written exam.
Language of instruction
Czech
Further comments (probably available only in Czech)
Study Materials
The course is taught annually.
Information on course enrolment limitations: max. 30 cizích studentů; cvičení pouze pro studenty ESF
Teacher's information
https://is.muni.cz/auth/el/1456/podzim2015/MPE_MOEK/index.qwarp
The course is also listed under the following terms Autumn 2009, Autumn 2010, Autumn 2011, Autumn 2012, Autumn 2013, Autumn 2014, Autumn 2015, Autumn 2016, Autumn 2017, Autumn 2018, Autumn 2019.
  • Enrolment Statistics (recent)
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