Terminated in academic year 2019/2020

Monetary Theory and Policy

Type of study	Follow-up Master
Language of instruction	English
Code	154-0548/02
Abbreviation	MTP
Course title	Monetary Theory and Policy
Credits	2
Coordinating department	Department of Finance
Course coordinator	prof. Ing. Lumír Kulhánek, CSc.

Subject syllabus

1. Money and credits in economy
2. Theory of money demand
3. Theory of money supply
4. Interests rates in economy
5. Central bank
6. Transmission of monetary impulses
7. Monetary policy strategy
8. Transmission mechanism of monetary policy
9. Inflation targeting and money base targeting
10. Money, price level and inflation
11. Inflation expectations and monetary policy efficiency in IS-LM model
12. Monetary policy in open economy
13. Monetary policy of selected central banks
14. Financial innovations and monetary policy

Literature

MISHKIN, F. S. The Economics of Money, Banking, and Financial Markets. 10th ed. Pearson Education, 2013. .

Advised literature

HUBBARD, G. R. and A. P. O´BRIEN. Money, Banking, ang the FinancialSystem. 2nd ed. PrenticeHall, 2013. .

MISHKIN, F. S. Monetary Policy Strategy. Cambridge: MIT Press, 2007. ISBN 978-0-262-13482-8.

WALSH, C. E. Monetary Theory and Policy. 3rd ed. Cambridge: MIT Press, 2010. ISBN 978-02-6201-377-2.

back to search page