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ECON 5606

(ECO 6180, ECO 6580) Foundations of Monetary Economics

0.5 credit · Graduate

Microeconomic foundations of monetary theory. Alternative theories of the existence of money and the micro-foundations for how money is integrated into aggregate macroeconomic models.

2024

Readings

  • Carl E. Walsh, Monetary Theory and Policy, fourth edition, MIT Press 2017.
  • Jordi Gali, Monetary Policy, Inflation and the Business Cycle, second edition, Princeton University Press, 2015
Sources