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Content of the programme

Monetary and Macro Economics

Course name: Monetary and Macro Economics

Cluster: Macro

Period: International Business - Year 2

Semester: Spring Semester (starts in February)

Study load: 5 ECTS (~140 hours)

Exam: written exam

Course description

Monetary and Macro Economics delves into the relationship between monetary systems, economic growth and global financial markets. This course provides a comprehensive understanding of the role of money in the economy, the functions of central banks, and the formulation and implementation of monetary policy. Students will also explore topics such as interest rates, inflation, and the transmission mechanisms of monetary policy. Furthermore, foreign exchange markets, the international investment climate and the impact of crypto currency will be discussed.

Competences and learning objectives

After the course you can:

  • Understand the role of money and financial systems (financial institutions, financial markets and financial instruments) in the Global Economy – including regulatory frameworks and supervision;
  • Understand monetary policy and it’s economic impact;
  • Understand exchange rates.