Předmět Monetární politika otevřené ekonomiky (MPOE)
Na serveru studentino.cz naleznete nejrůznější studijní materiály: zápisky z přednášek nebo cvičení, vzorové testy, seminární práce, domácí úkoly a další z předmětu MPOE - Monetární politika otevřené ekonomiky, Vysoká škola báňská - Technická univerzita Ostrava (VŠB-TU).
Top 10 materiálů tohoto předmětu
Materiály tohoto předmětu
| Materiál | Typ | Datum | Počet stažení |
|---|
Další informace
Cíl
Student will be able:- to interpret/answer all questions related to monetary policy realized in the open economy, its theoretical basisand practical implementation;- to explain bilateral linkages between GDP, exchange rate, inflation rate, money market interest rate etc.;- to characterize particular exchange rate regimes;- to critically assess the European process of monetary integration;- to make conclusions concerning practical monetary policy implementation in the open economy and its impact onthe economy (and other macroeconomic policies).
Osnova
1. Theory of central banking, functions of central banks. Commercial banking, functions of commercial banks. Two-stagebanking system. 2. Monetary policy – goals, tools, monetary base, balance sheet of a central bank and commercial banks. Open marketoperations, discount tools and its impact on money markets.3. Money supply, simple multiplier, endogenous and exogenous money supply.4. International financial markets, types of money markets in an open economy (call money markets, interbank markets,money market securities).5. Exchange rate theory, exchange rate regimes, foreign exchange interventions.6. Exchange rate theory. Theory of covered and uncovered interest rate parity.7. Exchange rate and GDP in the short run, DD-AA model.8. Test. 9. The law of one price, the Balassa-Samuelson model.10. Exchange Rate Mechanism ERM II, history, rules, practice, application to “new EU member countries”. 11. World financial crisis, originate-to-distribute model, financial regulation and supervision in the EU and theUSA. 12. Optimum currency area theory, traditional and modern version.13. Presentations of projects14. Test.
Literatura
GRAUWE, Paul de. Economics of Monetary Union. 9th ed. Oxford: Oxford University Press, 2012. ISBN 9780199605576. KRUGMAN, P. R., M. OBSTFELD and J. MELITZ. International Economics: Theory and Policy. 9th ed. Harlow: PearsonAddison-Wesley, 2012. ISBN 978-0-273-75409-1 . MISHKIN, Frederic S. The Economics of Money, Banking, and Financial Markets. 10th ed. Harlow: Pearson, 2012. ISBN978-0-273-76585-1 .
Požadavky
Žádné
Garant
doc. Ing. Zuzana Kučerová, Ph.D.
Vyučující
doc. Ing. Zuzana Kučerová, Ph.D.