Monetary Economics

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The study of the role of money and monetary policy in the economy.

Money and its functions: An introduction to the concept of money, its history, forms, and different functions that it serves in the economy.
Monetary policy: The actions and decisions taken by a central bank to regulate the supply and demand of money in a country's economy.
Interest rates: The percentage of interest charged on borrowed money or paid on invested funds, which is a crucial tool used by central banks to control the economy's money supply and inflation.
Inflation: An increase in the general price level of goods and services in an economy over a certain period and how it affects the economy's monetary policy.
Money supply: The amount of money in circulation in an economy and the different ways to measure it, such as M1, M2, and M3.
Exchange rates: The value of one currency in relation to another currency and how it affects international trade and investment.
Fiscal policy: The use of government spending and taxation to influence the economy's overall performance, employment, and inflation.
International monetary system: The framework of rules, institutions, and agreements that govern international trade and finance, including the International Monetary Fund (IMF) and the World Bank.
Monetary economics history: The historical development of monetary economics, from ancient times to modern-day monetary systems.
Monetary economics and financial markets: The interrelatedness between monetary policy and financial markets to understand how monetary conditions affect asset prices and market performance.
"Monetary economics is the branch of economics that studies the different theories of money."
"It provides a framework for analyzing money and considers its functions (such as medium of exchange, store of value, and unit of account)."
"It considers how money can gain acceptance purely because of its convenience as a public good."
"The discipline has historically prefigured, and remains integrally linked to, macroeconomics."
"This branch also examines the effects of monetary systems, including regulation of money and associated financial institutions and international aspects."
"Modern analysis has attempted to provide microfoundations for the demand for money."
"Modern analysis has attempted to [...] distinguish valid nominal and real monetary relationships for micro or macro uses."
"Modern analysis has attempted to [...] examine their influence on the aggregate demand for output."
"Its methods include deriving and testing the implications of money as a substitute for other assets and as based on explicit frictions."
"It provides a framework for analyzing money and considers its functions (such as medium of exchange, store of value, and unit of account)."
"The discipline has historically prefigured, and remains integrally linked to, macroeconomics."
"This branch also examines the effects of monetary systems, including regulation of money and associated financial institutions and international aspects."
"Modern analysis has attempted to provide microfoundations for the demand for money."
"To distinguish valid nominal and real monetary relationships for micro or macro uses."
"Modern analysis has attempted to examine their influence on the aggregate demand for output."
"Its methods include deriving and testing the implications of money as a substitute for other assets and as based on explicit frictions."
"It provides a framework for analyzing money and considers its functions (such as medium of exchange, store of value, and unit of account)."
"It considers how money can gain acceptance purely because of its convenience as a public good."
"This branch also examines the effects of monetary systems, including regulation of money and associated financial institutions and international aspects."
"The discipline has historically prefigured, and remains integrally linked to, macroeconomics."