Monetary Economics-Practical

Paper Code: 
24DFSG812
Credits: 
2
Contact Hours: 
30.00
Max. Marks: 
100.00
Objective: 

This course will enable students to analyze real-world monetary policy decisions, propose policy alternatives, understand the factors influencing central bank decisions, and evaluate the impact of monetary policy on economic indicators through presentations, case studies, and group discussions

Course Outcomes: 

Course

Learning outcome

(at course level)

Learning and teaching strategies

Assessment Strategies

Course Code

Course

Title

 

24DFSG 812

Monetary Economics-Practical

(Practical)

CO289: Examine relevant theoretical and practical knowledge about issuing of currency notes.

CO290: Analyse the situation, evaluate the potential consequences, and propose alternative course of actions of monetary poliocy.

CO291: Apply relevant theoretical and practical knowledge of various factors that influence or are influenced by monetary policy of central bank.

CO292: Develop a comprehensive monetary policy proposal

CO293: Evaluate, prepare and demonstrates impact of Monetary policy on a specific aspect of the economy

CO294: Contribute effectively in course-specific interaction

 

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

 Learning activities for the students:                              Self learning assignments, Seminar presentations.

CA Test, semester end Exam, Presentation.

 

6.00
Unit I: 
Digital Currency

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

6.00
Unit II: 
Monetary Policy

• 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
Unit III: 
Central Bank

• 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
Unit IV: 
Monetary policy and Economic issues

• 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
Unit V: 
Impact of Monetary Policy

• 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 Readings:
• 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-Contents:
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

Academic Year: