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Description:	The course aims to provide students with a working knowledge of recent developments in the analytical and quantitative analysis of monetary policy issues. Also, it aims to strengthen the understanding by the students of microeconomic foundations when constructing macroeconomic models.
Topics:	Monetary-Policy Operating Procedures: From Instruments to Goals Monetary Policy Transmission Mechanism Monetary Policy Strategies: Inflation Targeting, Exchange Rate Targeting, Monetary Targeting. Microfoundations of Monetary Policy Models. Some Recent Models of Monetary Policy. Monetary Policy Rules. Discretionary Policy and Time Inconsistency. Money and Public Finance Introduction to Small Open Macro Economy Models
Teaching:	42 hours during second semester