Money and Credit


 Tittle  Money and Credit
 Department  Department of Banking
 Type (compulsory/optional)  Compulsory
 Cycle (first/second)  First Cycle
 Semester when the component is delivered  3-rd semester
 Course description  The course "Money and Credit" includes investigation of basic, fundamental issues of the theory of money, credit and banking, the functioning of the money market and credit institutions of the country, and therefore of practical principles of monetary economics and regulation of the banking business in a developed market economy.
 Course content
Module 1. Basic theory of money of money and money market
Topic 1. Nature and functions of money
Topic 2. Basic theory of money
Topic 3. Money and the money supply
Topic 4. Money market
Module 2. The organization of financial systems, credit and international monetary and credit relations
Topic 5. Money Systems
Topic 6. Inflation and monetary reform
Topic 7. Essence and function of credit
Topic 8. Credit system
Topic 9. International monetary and credit relations
 Learning outcomes  The main objective of the course is providing for future specialists in economics body of knowledge about the nature, functions and role of money and credit in a market economy, patterns and specific functioning of the money market as a theoretical and methodological framework of state monetary policy, structure and practical principles of functioning of the monetary system, the foundations the credit system construction and operations of the central and commercial banks, laws of functioning international monetary relations; formation of students' theoretical and methodological framework required for next mastering the practice of using monetary tools and the basics of banking business and interaction with the institutions of credit system.
 Contact hours (lectures/seminars)


 Political Economy, Macroeconomics, Economic History, Higher Mathematics.
 Number of ECTS credits allocated

 4 credits