114-9516/01 – Monetary policy and external relations (MPVV)
| Gurantor department | Department of Economics | Credits | 10 |
| Subject guarantor | prof. Ing. Zuzana Kučerová, Ph.D. | Subject version guarantor | prof. Ing. Zuzana Kučerová, Ph.D. |
| Study level | postgraduate | Requirement | Compulsory |
| Year | | Semester | winter + summer |
| | Study language | English |
| Year of introduction | 2020/2021 | Year of cancellation | |
| Intended for the faculties | EKF | Intended for study types | Doctoral |
Subject aims expressed by acquired skills and competences
Aim of the course is to deepen knowledge about traditional both contemporary approaches to monetary theory and implications for monetary theory. The course is focused also on the comparison of monetary policy strategies, both conventional and unconventional forms of monetary policy. The subject deals also with knowledge about contemporary international economic relati
Teaching methods
Lectures
Individual consultations
Summary
1. Comparison of theoretical approaches to monetary theory.
2. Empirical evidence on money, process, and output.
3. Money and public finance.
4. Discretionary policy and time inconsistency.
5. New Keynesian monetary economics.
6. Unconventional forms of monetary policy.
7. Monetary policy in open economy.
8. International economic relations and international finance.
Compulsory literature:
BERNANKE, Ben S. and Michael WOODFORD (Eds.) The Inflation-Targeting Debate. Chicago: University of Chicago Press, 2005. 458 s. ISBN: 0-226-04471-8.
CLAASSEN, Emil-Maria. Global Monetary Economics. Oxford University Press, 1996. 323 s. ISBN: 0-19-877464-8.
O'BRIEN, Denis P. The Development of Monetary Economics: A Modern Perspective on Monetary Controversies. Cheltenham: Edward Elgar Publishing, 2007. 265 s. ISBN: 978-1-84720-260-4.
Recommended literature:
BERNANKE, Ben S. and Michael WOODFORD (Eds.) The Inflation-Targeting Debate. Chicago: University of Chicago Press, 2005. 458 s. ISBN: 0-226-04471-8.
CLAASSEN, Emil-Maria. Global Monetary Economics. Oxford University Press, 1996. 323 s. ISBN: 0-19-877464-8.
O'BRIEN, Denis P. The Development of Monetary Economics: A Modern Perspective on Monetary Controversies. Cheltenham: Edward Elgar Publishing, 2007. 265 s. ISBN: 978-1-84720-260-4.
Additional study materials
Way of continuous check of knowledge in the course of semester
E-learning
Other requirements
Zkouška: písemná práce a ústní zkouška.
Prerequisities
Subject has no prerequisities.
Co-requisities
Subject has no co-requisities.
Subject syllabus:
1. Comparison of theoretical approaches to monetary theory.
2. Empirical evidence on money, process, and output.
3. Money and public finance.
4. Discretionary policy and time inconsistency.
5. New Keynesian monetary economics.
6. Unconventional forms of monetary policy.
7. Monetary policy in open economy.
8. International economic relations and international finance.
Conditions for subject completion
Occurrence in study plans
Occurrence in special blocks
Assessment of instruction
Předmět neobsahuje žádné hodnocení.