ECO442 TOPICS IN MONETARY MACROECONOMICS
| Course Code: |
3520442 |
| METU Credit (Theoretical-Laboratory hours/week): |
3(3-0) |
| ECTS Credit: |
6.0 |
| Department: |
Economics |
| Language of Instruction: |
English |
| Level of Study: |
Undergraduate |
| Course Coordinator: |
Assoc.Prof.Dr. EMRE ÖZÇELÝK |
| Offered Semester: |
Fall Semesters. |
| Prerequisite: |
Set 1: 3520102
|
| The course set above should be completed before taking
ECO442 TOPICS IN MONETARY MACROECONOMICS . |
Course Content
The main objective of the course is to introduce students to a number of approaches to monetary theory and policy. The following topics are covered: Theoretical Fundaments of Monetary Policy. Vulnerabilities and Limits to Monetary Policy: Financial Dollarisation. Fiscal Dominance. New Monetary Macroeconomics Beyond IS-LM. Monetary Policy Transmission Mechanisms. Inflation Dynamics. Monetary Policy and Nominal Anchors. Inflation Targeting.