Temple University 3 credits ECON
This course discusses advanced topics in Monetary Economics and Banking. We will first cover an essential list of theories and techniques in monetary economics. We will then explore topics such as the choice of monetary policy rules versus discretion, the liquidity effect of open market operations and the role of the credit channel of monetary policy. All these theories and techniques emphasize the interactions between macroeconomic phenomena and individuals' decisions. Students who have earned credit in ECON 3505 will not earn additional credit for this course.
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