Ukončeno v akademickém roce 2016/2017

Real-world monetary policy

Type of study	Follow-up Master
Language of instruction	English
Code	114-0555/01
Abbreviation	RMP
Course title	Real-world monetary policy
Credits	5
Coordinating department	Department of Economics
Course coordinator	prof. Dr. Ing. Jan Libich

Osnova předmětu

LECTURE TOPICS:
1. Review of main macroeconomic concepts and relationships
2. Overview of central banking and MP goals
3. MP instruments and transmission mechanisms
4. Simple (New Keynesian) model of optimal MP
5. Data analysis using the MP simulation game
6. Game theory and macroeconomics
7. The interaction of fiscal and monetary policy
8. Institutional framework of MP: Central bank independence, transparency, and accountability
9. Open economy MP, optimal currency areas and monetary unions
10. The Global Financial Crisis

Povinná literatura

Blinder, Alan, ‘Central Banking in Theory and Practice’, The MIT Press, 1998.

Doporučená literatura

Bofinger, Peter, ‘Monetary Policy: Goals, Institutions, Strategies, and Instruments’, Oxford University Press, 2001

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