PURPOSE OF THE COURSE
This course unit is designed to take
students into a thorough exploration of the basic concepts, types and functions
money, an evaluation of money markets and monetary standards, the theories of
money demand and supply and monetary policy analysis, monetary institutions and
their functioning, international monetary issues, assessment and evaluation,
BOP, TOT, interest rates and inflation.
By the end of the course unit, students
should be able to:
the functions, qualities and describe the various stages in evolution of money.
monetary standards and monetary economy
determinants of money demand and supply
quantity of money demand and supply.
the various types and working of the global and local money and capital markets
so that one can even participate in their operation.
the different theories of money and to and assess their relevance in developing
the IS-LM curve and analyze the equilibrium in money markets.