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Economics (ECON)

Department of Economics
Faculty of Public Affairs

ECON 4607 [0.5 credit]

Monetary Theory I

Foundations of monetary theory. Classical, Keynesian and other money transmission mechanisms; the "optimum quantity of money"; estimates of supply and demand; difficulties of policy implementation in open and closed economies and in a growth context.
Prerequisites: ECON 2003 with a grade of C- or higher, and ECON 2103 with a grade of C- or higher.
Lectures three hours a week.

Summer session: some of the courses listed in this Calendar are offered during the summer. Hours and scheduling for summer session courses will differ significantly from those reported in the fall/winter Calendar. To determine the scheduling and hours for summer session classes, consult the class schedule at central.carleton.ca

Not all courses listed are offered in a given year. For an up-to-date statement of course offerings for the current session and to determine the term of offering, consult the class schedule at central.carleton.ca

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