BPE_MOEC Monetary Economics

Faculty of Economics and Administration
Autumn 2009
Extent and Intensity
0/0. 4 credit(s). Type of Completion: zk (examination).
Teacher(s)
Dr. Mark Tomass, Ph.D. (lecturer)
Guaranteed by
Dr. Mark Tomass, Ph.D.
Department of Economics – Faculty of Economics and Administration
Contact Person: Lydie Pravdová
Timetable
Mon 19. 10. 18:00–19:35 P304, Tue 20. 10. 18:00–19:35 038, Wed 21. 10. 18:00–19:35 S307, Thu 22. 10. 18:00–19:35 038, Fri 23. 10. 18:00–19:35 P103, Mon 26. 10. 18:00–19:35 P304, Tue 27. 10. 18:00–19:35 038, Wed 28. 10. 18:00–19:35 S307, Thu 29. 10. 18:00–19:35 038, Fri 30. 10. 18:00–19:35 P103, Mon 2. 11. 18:00–19:35 P304, Tue 3. 11. 18:00–19:35 038, Wed 4. 11. 18:00–19:35 S307, Thu 5. 11. 18:00–19:35 S307, Fri 6. 11. 18:00–19:35 P103
Prerequisites (in Czech)
BPE_MAC1 Macroeconomics 1 || BPE_MIC1 Microeconomics 1 || PEMIAI Microeconomics I || PEMAAI Macroeconomics I
Course Enrolment Limitations
The course is also offered to the students of the fields other than those the course is directly associated with.
The capacity limit for the course is 60 student(s).
Current registration and enrolment status: enrolled: 0/60, only registered: 0/60, only registered with preference (fields directly associated with the programme): 0/60
fields of study / plans the course is directly associated with
Course objectives
The course Monetary Economics continues and enhances the knowledge of the monetary sector acquired in Fundamentals of Macroeconomics. At the same time it serves as a prerequisite for optional subjects of financial specialisation. The subject matter will be further developed in obligatory courses World Economy and Economic Policy. The initial section is devoted to the historical development of money. Then the function and structure of financial market, measurement and behaviour of interest rates are explained. The focus of the course is theory of money demand and central banking, with emphasis on formation and regulation of money supply. The final topics cover the theory of exchange rates, their application in the central bank's policy, as well as issues connected with the balance of payments.

Main objectives can be summarized as follows:

- to clarify the institutional background of present monetary systems and its consequences;
- to introduce the monetary theory;
- to gain knowledge for optional courses of financial specialisation.
Syllabus
  • 1. Essence of Money
  • 2. Forms of Money
  • 3. Fractional Banking
  • 4. Central Bank
  • 5. Money Supply
  • 6. Money Demand
  • 7. Interest Rate
  • 8. Exchange Rate
  • 9. Transmission Process
  • 10. Monetary Policy
Literature
  • Meir Kohn, Money, Banking, and Financial Markets.
Assessment methods
The course has a form of a lecture.
The course is concluded by a written and an oral exam.
Language of instruction
English
Further comments (probably available only in Czech)
Study Materials
The course can also be completed outside the examination period.
The course is taught annually.
General note: Nezapisují si studenti, kteří absolvovali předmět PEMOEA.
Information on course enrolment limitations: max. 30 cizích studentů; cvičení pouze pro studenty ESF
  • Enrolment Statistics (recent)
  • Permalink: https://is.muni.cz/course/econ/autumn2009/BPE_MOEC