Selected issues in monetary economics with an equal emphasis of learning the models and understanding important issues: a survey of models (cash-in-advance, money-in-the-utility-function, transaction cost, search-based models), empirical issues in monetary economics, business cycles and money, monetary policy, welfare cost of inflation, alternative media of exchange.

Prerequisite: ECON602 and ECON601.
Credits: 3
Grading Method: Regular, Audit

Course Offerings

    Fall 2022Instructor: L. Luminita StevensView: Syllabus
    Spring 2021Instructor: L. Luminita Stevens