PEMTAP Monetary Policy for Students of National Economy

Faculty of Economics and Administration
Spring 2002
Extent and Intensity
1/1/0. 3 credit(s). Type of Completion: zk (examination).
Teacher(s)
Ing. Michal Kvasnička, Ph.D. (lecturer)
Guaranteed by
prof. Ing. Antonín Slaný, CSc.
Department of Economics – Faculty of Economics and Administration
Contact Person: Lydie Pravdová
Timetable
Wed 13:45–15:20 P201
Prerequisites (in Czech)
HOPO Economic Policy && MAKR Macroeconomics II || PEHOPO Economic Policy && PEMAII Macroeconomics II
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 Theory and Policy (PEMTAP) The course has two aims: to introduce students to the fundamental concepts of monetary economic theory and to describe and evaluate the basic possible monetary systems of society. The first part will give an explanation of the origin, function and development of money and monetary systems, also the process of determination of price level will be explained, as well as the process of adaptation of the price level to monetary and real shocks. The course will also outline the basic view of the need to regulate the banking sector and the impact of such regulation on monetary stability. The problems of determination of the exchange rate and its interaction with the domestic economy will be covered by a special course Exchange Rate Policy for National Economists. The second part of the course will acquaint students with the functions of the individual basic types of monetary systems (freedom of banking; central bank on the gold standard; central bank and money with forced circulation). These systems will be evaluated in respect of the knowledge students gained in the first part of the course. The main strategies currently used by central banks will be described and evaluated here as well (monetary principles, targeting of the money supply, exchange rate pegging, targeting of inflation, etc.). Examination: written and oral.
Language of instruction
Czech
Further comments (probably available only in Czech)
The course is taught annually.
Information on course enrolment limitations: max. 20 cizích studentů; cvičení pouze pro studenty ESF
The course is also listed under the following terms Spring 2003, Spring 2004, Spring 2005, Spring 2006, Autumn 2006, Spring 2007, Spring 2008, Spring 2009.
  • Enrolment Statistics (Spring 2002, recent)
  • Permalink: https://is.muni.cz/course/econ/spring2002/PEMTAP