Pinigų politika (GRAE012)

Programos kodas:
GRAE012
ECTS:
6
Mokymosi kalba:
Anglų kalba

Dalyko tikslas

This course aims to encourage theoretical inquiry, practical questioning, and broad understanding. Emphasis is placed on using simulation models to understand the dynamics of monetary policy design & implementation, as well as identifying constraints on the effectiveness of monetary policy in real-world economic systems. In addition to learning from lectures, reading, and case studies, students will learn how to use a simple method to diagram monetary theories and how to use simulation models to enrich their understanding of the macroeconomic dynamics of monetary policy. The students will also gain practical experience in research, report writing, and organizing and delivering professional presentations. The course requires a substantial amount of preparation by the students and active involvement during and outside of class. Feedback from students regarding course content and delivery is always welcome.

Dalyko rezultatai

  • Compare monetary policy goals & instruments in the context of monetary theories.
  • Predict monetary policy responses to changing economic conditions.
  • Describe monetary policy transmission channels in the context of monetary theories.
  • Identify constraints on monetary policy options, decision-making, and effectiveness.
  • Compare monetary policy regimes.
  • Translate monetary policy theories into causal links & feedback loops, and compare.
  • Use simulation models of monetary policy processes & interpret simulation results.
  • Deliver a professional presentation on a monetary policy research topic.

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