MONETARY ECONOMICS-PRACTICAL

Paper Code: 
DFSG 802
Credits: 
2
Contact Hours: 
30.00
Max. Marks: 
100.00
Objective: 

Course Outcomes (COs):

Learning outcome (at course level)

Learning and teaching strategies

Assessment Strategies

On completion of this course, the students will be able to

CO 191: examine relevant theoretical and practical knowledge about issuing of currency notes.

CO 192: Analyze the situation, evaluate the potential consequences, and propose alternative course of actions of monetary policy.

CO 193: apply relevant theoretical and practical knowledge of various factors that influence or are influenced by monetary policy of central bank.

CO 194: Develop a comprehensive monetary policy proposal

CO 195: evaluate, prepare and demonstrates impact of Monetary policy on a specific aspect of the economy

Approach in teaching: Interactive Lectures, Discussion, Tutorials, Practical cases Demonstration, Power point presentation.     

 Learning activities for the students:                              Self learning assignments, Effective questions, Seminar presentation, Live practical problems analysis

Class test, Semester end examinations, Quiz, Solving problems in tutorials, Assignments, Presentation, Individual and group projects, Case Study Analysis
 
6.00

Presentation and group discussion on
minting of notes / issues related to circulation of currency/ digital currency

6.00

Case study: involving a real world monetary policy decisions. Students will analysis the situation, evaluate the potential consequences, and propose alternative course of actions.

6.00

Presentation/group discussion on
Students will explore the variable and its impact on the decision-making process of a central bank, including setting interest rates, implementing open market operations, and managing inflation.

6.00

Case Study/ Group Discussion/ PPT on
Policy proposal: Students will develop a comprehensive monetary policy proposal aim at addressing a specific economic issues such as economic recession, inflationary pressure or exchange rate instability.

6.00

Presentation / group discussion
Impact of Monetary policy on a specific aspect of the economy such as inflation, employment, or exchange rates.Students will collect data, analysis trends, and draw conclusions based on findings

Essential Readings: 

M.L.Seth, Monetary Economics- Educational Publishers, Agra
T.N.Hajela, Monetary Economics.,Konark Publishers Pvt. Ltd, Delhi
M.L.Jhingan, Money, Banking and International Trade,Vrinda Publication, Delhi
S.B.Gupta, Monetary Economics.,S.Chand& Co, New Delhi
MIthani.D.M, Money,Banking,International Trade and Public Finance., Himalayan Publication, New Delhi
T R Jain Money and Banking, V K Global Publication Pvt Ltd
Tandon and MathurMoney and BankingShivam Publication, Jaipur

References: 

SUGGESTED REFERENCE BOOKS
T.N.Hajela, Monetary Economics ,Konark Publishers Pvt. Ltd, Delhi
M.L.Jhingan, Money, Banking and International Trade,Vrinda Publication, Delhi
S.B.Gupta, Monetary Economics.,S.Chand& Co, New Delhi
Mithani.D.M, Money,Banking,International Trade and Public Finance., Himalayan Publication, New Delhi

E- Resources
https://rbi.org.in/Scripts/AnnualPublications.aspx?head=Report%20on%20Cu... (RBI Report on Currency & Finance, various issues)
Websites: https://www.rbi.org.in/ (RBI)
https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=53113 (Various latest issues of RBI Bulletins)
https://www.pdfdrive.com/monetary-economics-books.html
https://www.pdfdrive.com/monetary-economics-e38141688.html
https://www.pdfdrive.com/money-and-banking-textbook-books.html

REFERENCE JOURNALS
Journal of Money, Credit and Banking
The Review of Economic Studies
Journal of Monetary Economics
International Journal of Monetary Economics and Finance

Academic Year: 
2023-2024
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