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ECON 235A — Central Banking Seminar

Prerequisites: ECON 82b or ECON 202a.

Studies the origins of banks and central banks; old and new debates about monetary policy including inflation targeting: sophisticated questions such as whether central banks should pay interest on reserves; and finally the appropriate policies for central banks in a financially turbulent world. Each week students read a substantial amount and synthesize it in a short paper. Class is devoted to discussion. Each student makes two presentations. Usually offered every year.
Lynn Browne