The main objectives of the course will be to understand the role of money in the economy as well as to understand some models where inflation shows persistence, the theory of monetary policy, monetary policy operating procedures and the central banking mechanisms. The aims of this course is to give students in-depth understanding of monetary policy analysis as regards · Fundamental concept of monetary policy · To familiarize students with monetary policy instruments and types · To stimulate student‘s knowledge on changes in the value of money · To make the students to understand supply and demand for money. · To expose the students to rudimentary analysis of other Keynesian approaches of demand for money.


This course attempts to analyze the structure of the Financial System, studying the different markets and products it offers in order to allow the flows of capital. The student taking this course will acquire a framework for understanding the Financial System, its evolution and products, being able to valuate financial instruments in a simple way. The concepts discussed in this course are a sound basis for anyone wanting to work thoroughly in financial markets or instruments. And, furthermore, the student will be able to fully understand the main debates surrounding financial issues. Considering that finance is a sector in which is becoming difficult to separate the national market from the international one, we will consider the International Financial System as the object of study.