ECON 7322 - Monetary Theory & Pol

(3) Role of money in the macroeconomy: includes theory of financial structure, money creation and monetary control, theory of money demand; general equilibrium financial models: static analysis, short-run dynamics, monetary growth; rules versus discretion debate: optimal monetary policy, historical conduct of monetary policy. PREREQUISITE(S) or COREQUISITE(S): ECON 7300 or ECON 7320 ECON 8320, or permission of instructor.