Economics 918: Monetary Economics

Final Exam (Takehome):
May 5

Syllabus

Class Lectures Outlines

  • Week 1: Theories of Money Demand

  • Week 2: Theories of Money Supply

  • Week 3: The Quantity Theory of Money

  • Week 4: Rational Expectations and Money

  • Week 5: The Austrian Theory of the Business Cycle and Rational Expectations

  • Week 6: The Optimal Rate of Inflation

  • Week 7: Banking

  • Week 8: Credit Markets Imperfections + Exogenous Central Banking

  • Week 9: Endogenous Central Banking: The Public Choice Approach to Money

  • Week 10: Privatizing Money, I: Commmodity Standards

  • Week 11: Privatizing Money, II: Free Banking

  • Week 12: Privatizing Money, III: Further Alternatives to Central Banking

  • Week 13: The Great Depression

  • Week 14: European Unemployment

    Homeworks

  • Problem Set 1 (Due in class, week 5)

  • Problem Set 2 (Due in class, week 8)

  • Problem Set 3 (Due in class, week 13)

  • Problem Set 4 (Due at the final)

    • Answer Keys

  • Problem Set 2

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