MOEC Monetary Economics

Faculty of Economics and Administration
Autumn 2000
Extent and Intensity
0/2/0. 3 credit(s). Type of Completion: z (credit).
Teacher(s)
Mgr. Josef Menšík, Ph.D. (seminar tutor)
Guaranteed by
prof. Ing. Viktória Čejková, Ph.D.
Department of Finance – Faculty of Economics and Administration
Course Enrolment Limitations
The course is also offered to the students of the fields other than those the course is directly associated with.
fields of study / plans the course is directly associated with
Course objectives
Monetary Economics (MOEK) The subject continues and enhances the knowledge of the monetary sector acquired in Fundamentals of Macroeconomics. At the same time it serves as a prerequisite for optional subjects of financial specialisation. The subject matter will be further developed in obligatory courses World Economy and Economic Policy. The initial section is devoted to the historical development of money. Then the function and structure of financial market, measurement and behaviour of interest rates are explained. The focus of the course is theory of money demand and central banking, with emphasis on formation and regulation of money supply. Creation of balance in the IS-LM model is explained. The final topics cover the theory of exchange rates, their application in the central bank's policy, as well as issues connected with the balance of payments. Examination: written and oral.
Language of instruction
Czech
Further Comments
The course is taught annually.
The course is taught: every week.

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