ECON 4011: Monetary Economics

Course Description

What is the nature of inflation? How are money, output and prices related? Does monetary policy only affect economic activity through interest rates? Should we conduct monetary policy with rules or discretion? These are a few questions we will explore in this course, based entirely on research articles, and project-based learning related to policy decisions faced by the Federal Reserve. The course is run as a seminar with much discussion, participation, and student-guided sessions, including student presentations of research articles. (AY).