Monetary Policy

Mahidol University

Course Description

  • Course Name

    Monetary Policy

  • Host University

    Mahidol University

  • Location

    Bangkok, Thailand

  • Area of Study

    Economics

  • Language Level

    Taught In English

  • Course Level Recommendations

    Upper

    ISA offers course level recommendations in an effort to facilitate the determination of course levels by credential evaluators.We advice each institution to have their own credentials evaluator make the final decision regrading course levels.

    Hours & Credits

  • Host University Units

    4
  • Recommended U.S. Semester Credits
    3
  • Recommended U.S. Quarter Units
    0
  • Overview

    Course Outline:

    • Part I Interest Rates, Financial Instruments and Markets
      • Money and Capital Markets
      • The Risk and Term Structure of Interest Rates
      • Financial Instruments
      • Foreign Exchange
      • The International Financial System
      • Exchange Rate Crises
    • Part II Securities Markets
      • Portfolio Analysis and the Capital Asset Pricing Model
      • Market Efficiency and Behavioral Finance
      • The Theory of Arbitrage in the Presence of Risk
      • Closed-end Fund Discounts
    • Part III Banks and Other Financial Institutions
      • The Economics of Financial Intermediation
      • Banks and Money Creation
      • Financial Crises: East Asia (1997) and the US Subprime Crisis (2007)
      • Credit Crunch and Financial Disintermediation
      • Banking Supervision
    • Part IV Central Banking and the Conduct of Monetary Policy
      • Tools and Conduct of Monetary Policy and Monetary Policy Regimes
      • Transmission Mechanism of Monetary Policy
      • Optimal Monetary Policy
      • Monetary and Fiscal Policies
      • Monetary Policy in Practice
    • Part V Money in the ISLM World
      • The ISLM World
      • Money and Inflation
      • Rational Expectations
    • Part VI Monetary Theory
    • The History of Monetary Theory
    • Rule vs Discretion
    • Recommend Reading:
      • The Economics of Money, Banking, and Financial Markets by Mishkin, F.S., Pearson/Addison Wesley, 2007

Course Disclaimer

Courses and course hours of instruction are subject to change.

Eligibility for courses may be subject to a placement exam and/or pre-requisites.

Some courses may require additional fees.

Credits earned vary according to the policies of the students' home institutions. According to ISA policy and possible visa requirements, students must maintain full-time enrollment status, as determined by their home institutions, for the duration of the program.

Availability of courses is based on enrollment numbers. All students should seek pre-approval for alternate courses in the event of last minute class cancellations

Please note that some courses with locals have recommended prerequisite courses. It is the student's responsibility to consult any recommended prerequisites prior to enrolling in their course.