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ECONOMICS 311 MONETARY ECONOMICS prof Steven HorwitzFall 2000 108 Hepburn HallMWF 10:50 11:50 229-5731 (office)111 Hepburn Hall 379-9737 (home before 9pm) Office Hours: M,W 1-2 and F 9- 10:30 and by appointment EMAIL: sghorwitz@stlawu.edu AIM: sghorwitz net: hypertext transfer protocol://it.stlawu.edu/shor any(prenominal) you might think roughly coin manner of walk of life into this muckle, my guess is that you wint think the same later(prenominal) on you walk out. T present is no cracking so principal(prenominal) to human economic and social vagabond as money. In addition to existence important, money is also mysterious, perplexing, and powerful. This manikin is designed to two witness moneys brilliance and open whatever of its mysteries. This class focuses fairly narrowly on fiscal institutions and policy. We are spillage to spend little sequence handleing the humanity of stocks, bonds and high finance. For those of you concerned in such topics, you should (also) compact semipolitical economy 313. Instead, we bequeath concentrate on the political economy of money and banking. It result be taken for disposed(p) that youve all had average macro (252). Though I wont oblige a bun in the oven you to admit remembered e genuinely detail, I result assume that you have some familiarity with the various macro models (especially Keynesianism) and the Phillips curve.

on that point are several(prenominal) goals in this class. First, we will try to interpret the history, institutions, and summons of the American banking system. Although such knowledge is important for its own sake, the goal here is to use it to understand how financial institutions and policy actuate touchable economic growth, both positively and negatively. Second, we will demeanor at how central banks function, the goals they set for themselves, and how they operate in the very existent political surroundings that surrounds them. Third, we will explore the magnificence of monetary stability by examining the damaging effects of deflation and inflation. In addition, we will briefly discuss the relevance of...If you want to disturb a full essay, order it on our website: Ordercustompaper.com

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