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ECON 411

Monetary Theory

3 credits · Undergraduate

An examination of recent developments in the field of monetary theory. Topics include market-clearing and non-market-clearing models of business cycle fluctuations, rational expectations, the policy ineffectiveness debate, and the time inconsistency of optimal policy.

Prerequisites & course information

Weekly hours: 3 Lecture hours Prerequisite(s): ECON 214.3 or ECON 274.3; one of MATH 104.3, MATH 110.3, MATH 121.3, MATH 123.3, MATH 125.3, MATH 133.4, or MATH 176.3; and permission of the department.

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