The Theory of Monetary Policy

Autumn semester 2022
Friday, 08:15 - 11:00
Room F205
ECTS: 4.5


This course presents the theoretical basis of monetary policy. It comprises three parts. The first part focuses on the goals and instruments of monetary policy. The second part concentrates on the strategies and the transmission channels of monetary policy. The third part analyses the rules and the necessary institutions in order to increase transparency and credibility of monetary authorities.