1. MONETARY POLICY Introduction
Marijana Ivanov, Ph.D.

2. Outline of Course
This course explains how monetary and financial system function
describes the institutions that create and/or regulate the money supply
discuses a creation of money and bank reserves
explains monetary and macroeconomic theory
uses the macroeconomic theory to explain how the quantity of money and other monetary variables affect national income, employment rates, and price levels
explains what is going on when we read in the newspaper that the Central bank has changed the discount rate or used other tools of monetary policy …

3. Learning and Teaching
This course will have 3 hours of lectures per week and 1 hour of seminars per week.
Attendance at both lectures and seminars is recommended. 
In addition to class-contact hours, students are expected to invest a minimum of two additional hours per week on this course.

4. LEARNING RESOURCES
Mishkin, F. S. :“The Economics of Money, Banking and Financial Markets”, Pearson Addison Wesley
Lectures (Presentations and other sources)