Monetary Economics - Macroeconomics

This course provides a comprehensive overview of the key concepts related to monetary policy and central banking and their significance in understanding the economy, including the Monetary Transmission Mechanism, the New Keynesian Model, Financial Frictions, Central Bank Design, and Central Bank Communication.


  • The Monetary Transmission Mechanism

  • The New Keynesian Model

  • Financial Frictions

  • Central Bank Design

  • Central Bank Communication


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Who is the Course for? 

The target audience for this course is Graduate Students completing a PhD or MPhil in Economics, and professionals working in central banks and international institutions in research. For a definitive ranking of the mathematical and theoretical skills needed for this course, please view the brochure. 


Choose to follow the Macroeconomics Pathway to deepen your knowledge of Macroeconomics with courses in Monetary Economics (morning session) and International Finance (afternoon session). Or mix and match, choosing different morning or afternoon sessions from our other pathways: Applied or Econometrics.