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The course will start with a simple model of money, the overlapping generations model where money is a store of value. The fundamentals of the demand for fiat money, inflation, the demand deposit, bank runs and the role of central banking are examined. Then, we will study money interaction with other financial assets and the real effects of money on output and national account.
Required first
HE1003Basic Mathematics For EconomistsHE1004Mathematics For EconomistsHE2001Microeconomics IiHE2002Macroeconomics IiMonetary Economics
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| 930 | 19573 TUT (T1) 0930-1020 Tue LHS-TR+17 Wk2-13 | ||||
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| 1030 | 19574 TUT (T2) 1030-1120 Tue LHS-TR+17 Wk2-13 | ||||
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| 1130 | 19575 TUT (T3) 1130-1220 Tue LHS-TR+17 Wk2-13 | ||||
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| 1230 | 19576 TUT (T4) 1230-1320 Tue LHS-TR+17 Wk2-13 | ||||
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| 1530 | COMMON LEC (LEC1) 1530-1720 Mon LT28 | ||||
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