Monetary Theory (MSc) 

Syllabus

Lectures:

• Lecture 0: Introduction

• Lecture 1: Classical Monetary Theory

• Lecture 2: Classical Dichotomy

• Lecture 3: Impulse-Response Functions

• Lecture 4: NK-Model

• Lecture 5: Transmission of monetary shocks

• Lecture 6: Linearization

• Notes on Approximation

• Lecture 7: Fiscal and Monetary Policy Interaction

Student Essays and Presentations (with applications using Matlab):

• Guidelines

• Simple and Robust Rules for Monetary Policy

• Propagation of shocks in a TANK class of models

• Challenges of Monetary Policy in Emerging Market Economies

• Propagation of Shocks with Habit Formation

• Taste and Discount Rate Shocks in the New Keynesian

Final exam:

• Spring 2025

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