ECON 316 - Central Banking

Credits: 3
Prerequisites: ECON 215 and permission of the instructor.This seminar explores the theory, institutions, and history of central banks. It is a reading- and research-intensive course designed to give the student a deep knowledge of theoretical and current issues facing central banks. Readings include classic theoretical studies of central banks by economists such as Bagehot, Friedman, and Schwartz, as well as modern studies such as Leijonhufvud, Goodhart, and Eichengreen. Each student chooses additional readings from the area of theory, history, institutions, or people related to central banking.Hooks. Spring 2011 and alternate years