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ECON 8150 Monetary Economics and Policy
Credit Hours 3.0
Prerequisites ECON 4500

This course introduces the student to monetary theory and the institutions and policy through which phenomena influence national economic performance. The brand of monetary theory developed is based on a simple intergenerational model with foundations planted in the microeconomic theory of choice (on the demand for money side). Monetary macroeconomics and open economy macroeconomics are treated extensively to recognize the importance of international economic phenomena and foreign sector policy as influences on the outcomes of domestic monetary policy actions.