An advanced introduction to modern monetary economics. Covers topics such as neoclassical monetary theory; price rigidities; interest rates, inflation targeting and central banking; rules versus discretion in monetary policy; microeconomic foundations of monetary economics. Both theoretical and empirical issues will be emphasised. Open economy aspects of monetary economics will be covered where appropriate. -- Course Website
Prerequisites: Admission into BH-COM or BH-ARTS (Economics) and both of the following: Subject Study Period Commencement: Credit Points: ECON40001 Advanced Microeconomics Semester 1 12.50 ECON40002 Advanced Macroeconomics Semester 1 12.50
