Learning Outcomes:
After this course you will know how the banking system operates and how it influences the economy. You will understand what monetary policy is and how it is implemented by the major international central banks. You will understand how financial crises occur and the policies used to prevent them and deal with them. You will be able to assess various proposals for changes in central bank policies and proposals relating to banking regulation. You will be able to understand debates about how central banks should respond to various macroeconomic and financial events and be a more sophisticated consumer of commentary on macroeconomic and financial issues.