MONETARY THEORY AND POLICY
Status: Optional course
Period: Third year, Second semester
ECTS credits: 2
Class hours: 30 class hours lectures
Language: Bulgarian, English
Requirements: Fundamental knowledge in Economics and Management
Prerequisites: Completed courses in Mathematics, Statistics, Economic statistics, Econometrics
Course content
The course is based on the systems approach in economics and the equilibrium theory. The course starts with clarifying the nature and function of money. Special attention is given to the quantitative theory of money and the relations between micro- and macro- levels of the economic system. The equilibrium statics and dynamics of the macroeconomic markets is used to study the money and capital markets, the market equilibrium of import and export and to derive Robinson and Marshall – Lerner condition.
Course aim
The main goal of the course is the students to learn and apply the approaches, methods and technical means for economic analysis using the theory of money in order to carry our appropriate monetary policy