Nottingham University Business School
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Monetary and Financial Economics

Please note that the following information may be subject to change.

Module Convenor:  Richard Simper

Module Content:
The module will cover the behaviour, and term structure of interest rates and their link with financial instruments; the definitions of money and determinants of the money supply; tools and conduct of monetary policy; the role of the central bank in monetary policy and the role of the banking sector; bank reserves and monetary policy; exchange rates and banking; economic models using ISLM and ADAS.

Module Aims:
The aim of this module is to provide students with the ability to:
• define and critically examine the role of money and how the money supply is determined;
• define and critically analyse the conduct of monetary policy;
• critically understand the role played by the central bank in both bank operations and monetary policy;
• analyse exchange rates in bank operations;
• have a critical knowledge of ISLM.

Module Assessment:
2 Hour Examination (60%); Individual Coursework (2,500 words) (40%)

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Nottingham University Business School

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