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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