student is exposed to the workings of the money market and its implications on
economic performance which is important to any economist.
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.
course aims at enabling the learner understand the role of money in an economy
and its implications on growth and development.
the end of the course unit, students should demonstrate ability 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.