ECON 636 - Monetary Theory

Units: 4
Review of periodical literature on static and dynamic issues of the supply and demand for money.

Prerequisites: Post-baccalaureate standing.
Equivalent Quarter Course: ECON 6315.
Possible Instructional Methods: Entirely On-ground.
Grading: A-F grading only.
Student Learning Outcomes - Upon successful completion of this course students will be able to:

Understand the importance of the financial sector in promoting savings and directing their use.
Distinguish between money and other forms of wealth, and their sources.
Explain the determinants of the level and term structure of interest rates.
Explain the likely path of interest rates, following a change in monetary policy.
Understand the various money and capital market instruments.