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Monetary Theory and Policy

Language of instruction čeština
Code 154-0348
Abbreviation MTaP
Course title Monetary Theory and Policy
Coordinating department Department of Finance
Course coordinator prof. Ing. Lumír Kulhánek, CSc.

Summary

The course if focused on key areas of present monetary economy and policy. It presents and compares types of money demand and supply, including implications for different strategies of monetary policy, explains approaches of the theory of moeny impact and monetary processes on price level, inflation, product and other macroeconomics variables. Moreover, monetary policy process is deeply analyzed, aims, tools and transmission mechanism of central bank monetary policy is studied.
The course also provides evolution of monetary policy in the Czech Republic and in the world with attention paid to 90s and necessity of perspective adaptation.

Literature

MISHKIN, F.S.(2012). Economics of Money, Banking, and Financial Markets. 10th edition. Prentice Hall. ISBN 978-0132770248 .
MISHKIN, F.S., EAKINS, S. (2014). Financial Markets and Institutions.8th edition. Prentice Hall. ISBN 978-0133423624 .

Doporučená literatura

MISHKIN, F.S.(2012). Economics of Money, Banking, and Financial Markets. 10th edition. Prentice Hall. ISBN 978-0132770248 .
MISHKIN, F.S., EAKINS, S. (2014). Financial Markets and Institutions.8th edition. Prentice Hall. ISBN 978-0133423624 .