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  • This course will review Monetary Policy across the Western and developing nations. How Inflation Targeting came to be important. How this policy is conducted in terms of Interest Rate targeting versus Money Supply growth rate targeting. How Central Banks like the MNB are never truly independent, in the sense that large fiscal budget deficits within a country are typically financed in part by printing money and creating inflation pressure.
    The theory underlying the advent of modern monetary policy will be reviewed to give insight as to why we have the current international monetary regime, as well as the current international exchange rate regime


  • COURSE LEVEL: This is a compulsury course for first year MA in Economic Policy and Global Markets students

    CREDITS: 3 credits

    TIME: Spring Semester 2012/13

    PREREQUISITES: You will need the knowledge of the first year Microeconomics and Econometrics sequences.

    GENERAL DESCRIPTION:
    This course offers the financial theory and quantitative tools necessary for understanding how stock, bond, and option prices are determined, and how financial assets are used for investment decisions.

  • COURSE LEVEL: This is an optional course for second year MA students and PhD students

    CREDITS: 3 credits

    TIME: Spring Semester 2012/13

    PREREQUISITES: You will need the knowledge of the first year Microeconomics and Econometrics sequences.

    GENERAL DESCRIPTION:
    This course offers the financial theory and quantitative tools necessary for understanding how stock, bond, and option prices are determined, and how financial assets are used for investment decisions.