Monetary Economics

Subject ECON40013 (2012)

Note: This is an archived Handbook entry from 2012.

Credit Points: 12.50
Level: 4 (Undergraduate)
Dates & Locations:

This subject has the following teaching availabilities in 2012:

Semester 2, Parkville - Taught on campus.
Pre-teaching Period Start not applicable
Teaching Period not applicable
Assessment Period End not applicable
Last date to Self-Enrol not applicable
Census Date not applicable
Last date to Withdraw without fail not applicable


Timetable can be viewed here. For information about these dates, click here.
Time Commitment: Contact Hours: Three hours of lectures or seminars per week
Total Time Commitment: Not available
Prerequisites:

Admission into BH-COM or BH-ARTS (Economics) and both of the following:

Subject
Study Period Commencement:
Credit Points:
Corequisites: None
Recommended Background Knowledge: Please refer to Prerequisites and Corequisites.
Non Allowed Subjects: Students may not gain credit for both ECON40013 Monetary Economics and ECON90011 Monetary Economics.
Core Participation Requirements: For the purposes of considering requests for Reasonable Adjustments under the Disability Standards for Education (Cwth 2005), and Students Experiencing Academic Disadvantage Policy, academic requirements for this subject are articulated in the Subject Description, Subject Objectives, Generic Skills and Assessment Requirements for this entry.

The University is dedicated to provide support to those with special requirements. Further details on the disability support scheme can be found at the Disability Liaison Unit website: http://www.services.unimelb.edu.au/disability/

Coordinator

Prof Chris Edmond

Contact

cedmond@unimelb.edu.au

Subject Overview:

An advanced introduction to modern monetary economics. Covers topics such as neoclassical monetary theory; price rigidities; interest rates, inflation targeting and central banking; rules versus discretion in monetary policy; microeconomic foundations of monetary economics. Both theoretical and empirical issues will be emphasised. Open economy aspects of monetary economics will be covered where appropriate.
Objectives: Information not available.
Assessment:

Either: A 3-hour end-of-semester examination (70%) and class assignments totalling not more than 3000 words (30%); or a 1.5-hour mid-semester examination (20%), a 3-hour end-of-semester examination (50%) and class assignments totalling not more than 3000 words (30%).

Prescribed Texts: You will be advised of prescribed texts by your lecturer.
Breadth Options:

This subject is not available as a breadth subject.
Fees Information: Subject EFTSL, Level, Discipline & Census Date
Generic Skills:

  • Moderate level of development: oral communication; written communication; collaborative learning; problem solving; team work; statistical reasoning; application of theory to practice; interpretation and analysis; critical thinking; synthesis of data and other information; receptiveness to alternative ideas.
Notes:

Students may not gain credit for both ECON40013 Monetary Economics and ECON90011 Monetary Economics.

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