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all classes   full term (12 week) 5/16-8/04   session 1 (4 week) 5/16-6/10   session 2 (8 week) 6/13-8/04   session 2a (1st half) 6/13-7/08   session 2b (2nd half) 7/11-8/04   evenings

ECON 563
Monetary Theory

Credit:  4 hours.


(ECON 420) Micro- and macroeconomic theories of the supply of and demand for money; money substitutes and their significance; review of current empirical research; money in closed economy, macroeconomic, and static general equilibrium models; and analysis of inflation and unemployment. Prerequisite: Consent of instructor.