This document outlines the topics and readings for a course on Money and Banking over 13 weeks. The course covers introductory concepts in the financial system in the first two weeks. It then examines the meaning of money and interest rates, how interest rates are determined and set by central banks. Later topics include the money supply process, the conduct of monetary policy, and the relationship between monetary policy and financial markets like stocks and foreign exchange. The course also analyzes the global financial crisis and how monetary policy impacts aggregate demand. It concludes by discussing monetary policy theory and the role of expectations.
This document outlines the topics and readings for a course on Money and Banking over 13 weeks. The course covers introductory concepts in the financial system in the first two weeks. It then examines the meaning of money and interest rates, how interest rates are determined and set by central banks. Later topics include the money supply process, the conduct of monetary policy, and the relationship between monetary policy and financial markets like stocks and foreign exchange. The course also analyzes the global financial crisis and how monetary policy impacts aggregate demand. It concludes by discussing monetary policy theory and the role of expectations.
This document outlines the topics and readings for a course on Money and Banking over 13 weeks. The course covers introductory concepts in the financial system in the first two weeks. It then examines the meaning of money and interest rates, how interest rates are determined and set by central banks. Later topics include the money supply process, the conduct of monetary policy, and the relationship between monetary policy and financial markets like stocks and foreign exchange. The course also analyzes the global financial crisis and how monetary policy impacts aggregate demand. It concludes by discussing monetary policy theory and the role of expectations.
1 Introductory concepts Mishkin Ch 1 Overview of the financial system Mishkin Ch 2 2 What is money? Mishkin Ch 3 The meaning of interest rates Mishkin Ch 4 3 The behaviour of interest rates Mishkin Ch 5 Interest rate setting by central banks Macfarlane (2001) 4 Risk and the term structure of interest rates Mishkin Ch 6 Banking and the management of financial Mishkin Ch 9 institutions 5 The money supply process, part 1 Mishkin Ch 15 The money supply process, part 2 Bank of England (2014) 6 The conduct and strategy of monetary policy Friedman (1968) Mishkin Ch 17 Macfarlane (1998) 7 The stock market Mishkin Ch 7 Monetary policy and the stock market Bernanke (2003) 8 Mid-semester exam 1 9 The global financial crisis (2007-2009) BIS (2009) IMF (2009) Edey (2014) 10 The foreign exchange market Mishkin Ch 18 Exchange rates and inflationary pressures Kent (2022) 11 Monetary policy and aggregate demand Mishkin Ch 22 Aggregate demand and supply analysis Mishkin Ch 23 12 Monetary policy theory Mishkin Ch 24 The role of expectations Mishkin Ch 25 13 Wrap-up lecture, overview of the course
[Studies in Macroeconomic History] Barry Eichengreen (editor), Andreas Kakridis (editor) - The Spread of the Modern Central Bank and Global Cooperation_ 1919–1939 (2023, Cambridge University Press) - libgen.li