[6739] Monetary Theory

Course Content

You offer the course Monetary theory as a compulsory 7th semester. Students will be taught the basic tools for the analysis of macroeconomic cycles with an emphasis on monetary theory and their use in the exercise of monetary policy. During the course it will be analyzed how the taught tools can be used in the exercise of economic policy.
The main objective of the course is to train students in the modern theoretical and applied tools used by Central Banks (such as the European Central Bank and the Central Bank of Greece), international research organizations and economic policy institutes (such as the International Monetary Fund, the World Bank , OECD).

Learning results

Understanding of monetary policy issues as well as the interaction of monetary and fiscal policy.

Processing and analyzing data on monetary policy and macroeconomic cycles.

Understanding and solving the key modern paradigms used in the analysis of monetary and fiscal policy.

Understanding examples of numerical solutions to these models.

Systematic analysis of contemporary and timeless economic policy issues, such as stabilization policies in normal and crisis periods (eg Global Financial Crisis, Pandemic), conventional and non-conventional monetary policy, monetary policy and public debt dynamics.

Bibliography

Βασικά διδακτικά εγχειρίδια:

Νομισματική θεωρία και πολιτική, Bennett McCallum, Εκδόσεις Κριτική, 2002. Εναλλακτικό Σύννραμμα:

Υποδείγματα μακροοικονομικής θεωρίας και πολιτικής, Γιώργος Οικονομίδης και Αποστολής Φιλιππόπουλος, Εκδόσεις ΟΠΑ, 2017.

Educational Staff

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Incorporated into the Agricultural University of Athens (AUA), Law 4589 - Government Gazette 13/A/29.01.2019. Originally it belonged to the School of Management and Economics of the former Technical University of Central Greece.