ESF:BPE_MOEK Monetary Economics - Course Information
BPE_MOEK Monetary Economics
Faculty of Economics and AdministrationAutumn 2023
- Extent and Intensity
- 2/0/0. 5 credit(s). Type of Completion: zk (examination).
- Teacher(s)
- Ing. Jan Jonáš, Ph.D. (lecturer)
- Guaranteed by
- Ing. Jan Jonáš, 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 14:00–15:50 P102, except Wed 20. 9., except Wed 8. 11.
- Prerequisites
- Useful to be able to read in English.
- 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 7 fields of study the course is directly associated with, display
- Course objectives
- The course focuses on theoretical aspects of main monetary institutions: money, the 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 students learn more detailed knowledge about finance, especially about banking and its regulation and working of the financial system. The knowledge about the financial system is connected to topics concerning financial crises and the monetary policy of central banks. 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 the 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 G. Financial institutions and markets. 2nd ed. New York: Oxford University Press, 2004, xxx, 674. ISBN 0195134729. info
- CECCHETTI, Stephen and Kermit SCHOENHOLTZ. Money, Banking and Financial Markets : 6th Edition. McGraw Hill, 2021. info
- 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 reading.
- Assessment methods
- Semestral work evaluation and final written exam.
- Language of instruction
- Czech
- Further comments (probably available only in Czech)
- Study Materials
The course is taught annually.
General note: Přednášky jsou dostupné online a ze záznamu.
Information on course enrolment limitations: max. 30 cizích studentů; cvičení pouze pro studenty ESF - Teacher's information
- https://is.muni.cz/auth/el/1456/podzim2023/BPE_MOEK/index.qwarp
- Enrolment Statistics (Autumn 2023, recent)
- Permalink: https://is.muni.cz/course/econ/autumn2023/BPE_MOEK