Course unit title |
Monetary Economics II |
Course unit code |
EKM201 |
Type of course unit (compulsory, optional) |
Optional |
Level of course units (according to EQF: first cycle Bachelor, second cycle Master) |
First cycle Bachelor |
Year of study when the course unit is delivered (if applicable) |
Year 3 |
Semester/trimester when the course unit is delivered |
5th semester |
Number of ECTS credits allocated |
3 credits (4.8 ECTS) |
Name of lecturer(s) |
Rudi Purwono, Dr. Edy Juwono Slamet Dr., MA., Wasiaturrahma, Dr., SE., MSi. Wisnu Wibowo , SE., MSi |
Learning outcomes of the course unit |
Students are able to explain the mechanism of the relationship between monetary and macroeconomic variables and the influence of government policies in the financial sector on the economy |
Mode of delivery (face-to-face, distance learning) |
Face to face (offline) and or distance learning (online) |
Prerequisites and co-requisites (if applicable) |
Monetary Economics I |
Course content |
The Monetary Economics II course covers: - the Concept and Process of the Money Supply, - Monetary Base, - Money Multiplier and Money Supply, - Excess Reserve and Discount Loans, - Monetary Balance, - Determinants and Changes in Monetary Base, - Deficit Spending and Monetary Base, - Monetary Policy and Foreign Payment Systems, - Demand for Money, - Relationships between Financial Systems and the Economy: IS-LM Model, Goods Market Model, Money Market Model, - Aggregate Supply and Demand: AD and US Curves, Balance of Money Supply and Demand, - Money Supply and Rate Production: Keynesian and Classical Models, - Economic Stabilization Policy, - Inflation and Rational Expectations, - Information Problems and Monetary Policy Chains |
Recommended or required reading and other learning resources/tools |
R. Glenn Hubbard. 2005, Money, the Financial System, and The Economy , 6th ed, Pearson Addison Wesley |
Planned learning activities and teaching methods |
Teaching, discussion, and problem based learning. |
Language of instruction |
In Bahasa (Indonesian Language) and English |
Assessment methods and criteria |
Mid-exam, final-exam, and assignment |