NUST - PG Courses

ECON – 614 Topics in Monetary Economics

Campus	S3H
Programs	PG
Session	Spring Semester 2017
Course Title	Topics in Monetary Economics
Course Code	ECON – 614
Credit Hours	3 Hours/week
Pre-Requisutes
Course Objectives	To understand the role of the monetary economics in applicative aspect, discusses Classical, Keynesian, and modern theories and its recent critical assessment. Covering the role of monetary policy and its relation to economic development, this course will cover topics in monetary economics to understand the interactions between real and monetary factors to have a systematic summary of recent developments.
Detail Content	Monetary Multiplier; Dynamics in Objectives of Monetary Policy Comparison of QTMs: Friedman on QTM Monetary Aggregates and Money Multipliers: Predicting Money Multiplier in Pakistan Money in Utility Function Money and Transaction: Resource Cost and CIA Models New Keynesian Monetary Economics Inflation Targeting: Experience from Developed & Developing Economies Natural rate of interest rate: A new monetary policy Mirage of Exchange Rate regimes Monetary Policy Issues in Global Perspective Monetary Policy Issues in Pakistani Perspective
Text/Ref Books	Carl E. Walsh, Monetary Theory and Policy, Third Edition. Frederic S Mishkin, The Economics of Money, Banking and Financial Markets, 8th Edition Articles covering recent issues in Monetary policy and Theory.
Time Schedule	Spring Semester 2015
Faculty/Resource Person	Mr. Farooq Rasheed (Visiting)