156-0424/02 – Monetary Policy (MP)
| Gurantor department | Department of Applied Economics | Credits | 4 |
| Subject guarantor | doc. Ing. Zuzana Kučerová, Ph.D. | Subject version guarantor | doc. Ing. Zuzana Kučerová, Ph.D. |
| Study level | undergraduate or graduate | Requirement | Choice-compulsory |
| Year | 1 | Semester | winter |
| | Study language | Czech |
| Year of introduction | 2011/2012 | Year of cancellation | 2011/2012 |
| Intended for the faculties | EKF | Intended for study types | Follow-up Master |
Subject aims expressed by acquired skills and competences
The student wil be able:
- to interpret/answer all questions related to monetary policy, its theoretical basis and practical implementation;
- to characterize monetary policy goals and tools and explain its functioning, describe principles and types of transmission mechanisms;
- to differentiate between monetary policy implementation in various transmission mechanisms;
- to explain the monetary policy decision process of central bankers;
- to make conclusions concerning the practical implementation of monetary policy and its impact on the economy (and other macroeconomic policies);
- to defend or criticize basic steps of monetary policy realized in the Czech Republic.
Teaching methods
Lectures
Tutorials
Project work
Summary
This course is focused on the role of money in the economy, on the monetary policy and the role of central banks.
Compulsory literature:
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Recommended literature:
Way of continuous check of knowledge in the course of semester
E-learning
Other requirements
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Prerequisities
Subject has no prerequisities.
Co-requisities
Subject has no co-requisities.
Subject syllabus:
1. Money, functions of money, monetary aggregates.
2. Electronic money.
3. Financial system, financial markets, financial intermediation.
4. Money demand.
5. Money supply.
6. Interest rate theory.
7. Central banking.
8. Monetary policy tools.
9. Monetary policy goals, transmission mechanisms.
10. Inflation targeting.
11. European monetary policy, ESCB, ECB, monetary policy tools.
12. Regulation and supervision of the banking system.
Conditions for subject completion
Occurrence in study plans
Occurrence in special blocks
Assessment of instruction
Předmět neobsahuje žádné hodnocení.