This course helps to acquaint the students with the various theories of money and monetary policy instruments used in controlling or influencing the level of Demand, supply and the management of money in circulation in a domestic economy. Topics include; the role of money, the barter system and their effects. Determination of money stock, interest and prices. Stabilisation Policies: meaning of Monetary Policy, techniques, and effects. Policy objectives, conflicts, trade off and co-ordination. The demand and supply of money, techniques and instruments of monetary policies and their effectiveness. International Adjustment and liquidity




Level of Study: 300 Level