eco352h

Eco 352h

Topics in Monetary Theory

Shouyong Shi

University of Toronto

2003:

Syllabus

Lecture Notes and Materials:

• 1. Monetary policy

  • • Bank of Canada: Coming to a decision, by Tiff Macklem, Bank of Canada

  • • Bank of Canada operation in financial markets, Tim Noel, Bank of Canada

  • • Large Value Transfer System, Donna Howard, Bank of Canada

  • • Federal Reserve System:

  • • Money market

  • • Federal funds

• 2. Elements of an intertemporal economy

• 3. Government finance and asset pricing

• 4. Economies with longer horizons

• 5. Uncertainty and asset prices

• 6. Money and interest rates

• 7. A positive theory of inflation

• 8. Monetary policy under uncertainty

• 9. Reputation and monetary policy

Assignments:

• • • Assignment 1 ---- Answer key

  • • Assignment 2 ---- Answer key

  • • Assignment 3 ---- Answer key

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