School Of Economics And FinanceInternational Monetary EconomicsWestern Sydney University Unit Code: H7335.1
Discipline: ECONOMICS
Student Contribution Band: 2
Level: 7
Credit Points: 10
About this Unit
This unit provides detailed knowledge of monetary theory, evidence and policy in an open economy context, analysing concepts underlying the study of monetary economics. An advanced approach toward understanding money, finance and banking process is taken. Monetarists and Keynesian view on the role of money are compared and contrasted with particular reference to how variations in the quantity of money impact on nominal output. It examines the theoretical underpinnings of monetary policy and analyses the empirical evidence over the last 20 years from an open economies perspective. The historical performance of financial aggregates in open economies is examined. Unit available for masters only.