This section contains lecturing material of the undergraduate course prepared for the Shanghai Normal University, April 2011 and April 2012

Syllabus

1. Introduction to the course

2. Preliminary concepts

3. Central Banking - goals

4. Money Supply

5. Interest Rate

6. Central Banking - tactics and strategies

7. Open Macro - Exchange Rate

8. Balance of Payments and National Accounting

9. Fixed vs. Flexible Exchange Rate

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