Monetary Theory

Uitgebreide vaknaam	Monetary Theory
Leerdoelen	Upon completion of the course the student is able to: 1. use the most important tools of modern monetary economics. 2. demonstrate a thorough overview of the field including current research in three sub-areas, namely the pure theory of money, dynamic monetary economics, and stochastic New Keynesian economics. 3. analyze and critically evaluate advanced-level monetary economics models, and to translate the results into common language.
Omschrijving	Upon completion of the course a student is able: To use the most important tools of modern monetary economics. To demonstrate a thorough knowledge of the stochastic New Keynesian model, the standard framework of modern monetary economics; To analyze and critically evaluate advanced-level monetary economics models, and to translate the results into common language.
Uren per week	4
Onderwijsvorm	-hoorcollege ,  -werkcollege (Lectures, practice sessions)
Toetsvorm	-schriftelijk tentamen (open vragen) (Written exam, assignments)
Vaksoort	master
Coördinator	dr. C.G.F. van der Kwaak
Docent(en)	prof. dr. L.H. Hoogduin ,dr. C.G.F. van der Kwaak
Verplichte literatuur	Titel Auteur ISBN Prijs Mandatory: Monetary Policy, Inflation and the Business Cycle*, 2015, 2nd revised edition, Princeton University Press Galí, J. 9780691164786 ca. €  82,00 Recommended: Parts of Foundations of Modern Macroeconomics (Text and Manual Set), 2017, 3rd ed., Oxford University Press Heijdra, B.J. 9780198784135 ca. €  57,00
Entreevoorwaarden	For students in the Research Master in Economics & Business. Entrance requirement is successful completion of Macroeconomic Theory, EBM127A05. Thorough knowledge of intermediate macroeconomics (bachelor level). Acquaintance with the mathematical tools of static and dynamic optimization.
Opmerkingen	Weekly lecture and tutorial. Info: dr. Christiaan van der Kwaak, email: c.g.f.van.der.kwaak@rug.nl Secretary Kim Beute, phone +31(0)50 3637018, e-mail k.beute@rug.nl, room 5411.0734
Opgenomen in	Opleiding Jaar Periode Type Research Master in Economics and Business  (keuzevakken ReMa-Economics) 1 semester I b keuze