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  3. Monetary Economics

Monetary Economics (ECON90011)

Graduate courseworkPoints: 12.5On Campus (Parkville)

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Overview

Availability
Semester 2
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This is an advanced course on modern monetary economics, providing coverage of issues and techniques of analysis used in current research. Topics may include: general equilibrium models of money, inflation and public finance, money and time consistency, search-theoretic models of money, and monetary policy. Both theoretical and empirical issues will be covered.

Intended learning outcomes

On successful completion of this subject, students should be able to:



  • Evaluate the main theories used in the study of monetary economics;
  • Use small analytic models to evaluate monetary theories;
  • Use quantitative evidence to evaluate the usefulness and limitations of monetary theories;
  • Critically evaluate contemporary policy debates in the area of monetary economics.

Generic skills

On successful completion of this subject, students should have improved the following generic skills:

  • Evaluation of ideas, views and evidence

  • Synthesis of ideas, views and evidence

  • Strategic thinking

  • Critical thinking

  • Application of theory to economic policy

  • Accessing economic and other information

  • Summary and interpretation of information

  • Problem solving skills

  • Written communication

  • Oral communication

Last updated: 31 January 2024