StudyPath

BAF 311 Monetary Theory and Policy

300 levelManagement & Administration10 topics

BAF 311 covers 10 topics. StudyPath paces them into daily study sessions that finish before your exam date, with practice questions and worked answers for each one.

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Course outline

The topics this course covers, in teaching order.

  1. Nature and functions of money
  2. The demand for and supply of money
  3. Money supply determination and the money multiplier
  4. Theories of money and prices
  5. The quantity theory of money
  6. Keynesian and monetarist views
  7. Inflation, its causes and control
  8. Instruments of monetary policy
  9. The Central Bank of Nigeria and monetary management
  10. Monetary policy transmission and effectiveness

A sample from this course

One topic, as StudyPath teaches it.

Nature and functions of money

The topic examines what money is, the qualities that make an item acceptable as money, and the major functions money performs in an economy. For exam purposes, you must clearly distinguish money from wealth and income, explain why barter created problems, and show how money solves those problems through its core functions.

What you get for BAF 311