ECON 440 - Monetary Economics

3 units (fi 6)(EITHER, 3-0-0)

Factors influencing inflation dynamics, money demand, interest rates and exchange rates in the long and short run. Analysis of the objectives, instruments, transmission channels and policy tradeoffs faced by central banks of Canada and other nations. Prerequisite: ECON 385.

ECON 442 - The Economics of Financial Markets

3 units (fi 6)(EITHER, 3-0-0)

The measurement of risk; portfolio analysis; hedging and speculation; market microstructure; asset pricing and market equilibrium. Prerequisites: ECON 282, and ECON 399 or equivalent. Students may not receive credit for both ECON 442 and FIN 412.

ECON 540 - Monetary Economics

3 units (fi 6)(EITHER, 3-0-0)

Factors influencing the inflation dynamics, money demand, interest rates and exchange rates in the long and short run. Analysis of the objectives, instruments, transmission channels and policy tradeoffs faced by central banks of Canada and other nations.