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Not offered in the current semester · Last offered AY2023/2024 Semester 1
ModsHE3111

Monetary Economics

Last offered — AY2023/2024 Semester 1

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.

AUs3.0 AUs
Grade Type
PrerequisiteHE1003, HE2001, HE2002, HE1004
Not Available To Programme
Not Available To All Programme With
Not Available As BDE/UE To Programme
Not Available As Core To Programme
Not Available As PE To Programme
Mutually Exclusive WithHE4017
Not Offered As BDE
Not Offered As Unrestricted Elective
Exam

Total hours per week: 3 hrs