This unit is designed to analyse the effect of money on key economic variables such as interest rates, inflation, output, and on the workings of the banking sector. In addition, the unit examines the roles played by commercial banks and the Central Bank in the process of money creation and the implementation of monetary policy. The unit uses an economic approach to allow analysis of policy decisions. -- Course Website
Instructor: Dr Ernesto Valenzuela
Prerequisites: Students must have passed one of ECW1101 or ECG1101 and one of ECW2120 or ECW2730 or ECG2730 before undertaking this unit.
