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Institution:
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Willamette University
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Subject:
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Description:
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The focus of the course is on central banking and monetary policy, primarily in the United States. The class studies central bank decision-making, the relationship between central bank policy and financial markets, and some of the problems in conducting policy. The effect of Federal Reserve policy on output and inflation in both the short and long run is examined, along with how expectations can alter the effectiveness of policy. The class culminates in a mock Federal Open Market Committee meeting. Prerequisite: ECON 122 and ECON 123 or consent of instructor Offering: Alternate years Instructor: Taylor
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Credits:
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1.00
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Credit Hours:
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Prerequisites:
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Corequisites:
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Exclusions:
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Level:
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Instructional Type:
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Lecture
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Notes:
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Additional Information:
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Historical Version(s):
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Institution Website:
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Phone Number:
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(503) 370-6300
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Regional Accreditation:
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Northwest Commission on Colleges and Universities
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Calendar System:
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Semester
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