and forms of money, Schwartz(2009)cause the is the basis of the Statistical methods evolution of development of of money money? Monetary Week 3-4 Supply of credit Suhua Tian(2010) Why does the Grasp the money, simple Ch 3. Mishkin money supply “four-in-one model of multiple(2005) credit money deposit creation ally? supply theory and basic money model How to predict process featured scale of money commercial bank Week 5-6 Start with the Suhua Tian(2010) Discuss the Understand the balance sheet of Ch 4: Greenwald independence theoretic central bank, explain and Stiglitz(2005) problem of central mechanism of the the impacts that central bank's g Irom exchange rate policy money supply control to interest macroeconomIc rate as a monetar targets have on the money supply Understand the features of Week 7-8 Keynesian theories Suhua Tian(2010) Review the Understand the framework of Ch5, Bain and development relations between money demand Howells(2003) history, briefly money demand Quantitative theories summarize the Recent development varlables of theories of money theories of money interest rate and demand Understand the developing courses and future directions of theories Week 9 Approaches of Suhua Tian(2010) How does Grasp the (Learning by empirical analysis of Ch6; Adam(1991)financial selecton Innovation approaches in Explanations of finding the factors stability of money money demand? that affect money demand functions demand Able to use the“ buffer3 and forms of money, Statistical methods of money Schwartz (2009) cause the evolution of money? is the basis of the development of Monetary Economics Week 3-4 Supply of credit money, simple model of multiple deposit creation, basic money model Suhua Tian (2010) Ch.3, Mishkin (2005) Why does the money supply change pro-cyclically? How to predict the variation and scale of money supply? Grasp the “four-in-one” credit money supply theory and process featured central bank, commercial bank, depositors and borrowers Week 5-6 Start with the balance sheet of central bank, explain the impacts that fiscal policy, exchange rate policy and other macroeconomic targets have on the money supply Suhua Tian (2010) Ch.4; Greenwald and Stiglitz (2005) Discuss the independence problem of central bank Understand the theoretic mechanism of the central bank’s shifting from money supply control to interest rate as a monetary policy target; Understand the endogenous features of money supply Week 7-8 Keynesian theories framework of money demand; Quantitative theories of money demand; Recent development of theories of money demand Suhua Tian (2010) Ch.5; Bain and Howells(2003) Review the development history, briefly analyze and summarize the representational theories of money demand Understand the relations between money demand and macroeconomic variables such as interest rate and national income. Understand the developing courses and future directions of money demand theories Week 9 (Learning by selection) Approaches of empirical analysis of money demand; Explanations of stability of money demand functions Suhua Tian (2010) Ch.6; Adam(1991) How does financial innovation influence the money demand? Grasp the econometric approaches in finding the factors that affect money demand; Able to use the “buffer