Monetary Theory, Monetary Policy
Introduction to the fundamentals of monetary theory and monetary policy Money, definition of money Money creation, money supply, demand for money Interest rate structures and economic development Efficient-market hypothesis and basic concepts of behavioral finance Goals, methods and instruments of monetary policy Monetary policy in the IS-LM model Exchange rates Money and inflation processes
Banking and Finance (Bachelor)
Language of instruction
After the successful completion of this course the students will be able to identify interactions between the financial sector and the real sector, to independently draw conclusions and to assess developments.