MBA Online

ECON6010
Monetary Policy: Theory and Practice
General Information
This course traces the evolution of central banks over the last 200 years from primitive financial clearing-houses to promoters of macroeconomic stability and growth as a natural progression as policy-makers sought to combat various challenges to macroeconomic stability, such as inflation and systemic financial risk. The course will discuss different monetary policy regimes, including currency boards and inflation targeting, and the inherent trade-offs between them, focusing especially on the importance of credibility and expectations. Optimal monetary policy design and the monetary transmission mechanism will also be covered.

Admissions

Enrollment for each program is limited to ensure an optimal faculty-to-participant ratio; registrations are accepted on a first-come, first-served basis. Applications must be received 2 weeks prior to program commencement by fax, email, or mail. Once accepted, applications will be processed within one working day and each applicant will be notified by a letter of confirmation. Please address all applications and inquiries to our customer service team in Beijing, Shanghai and Guangzhou respectively.

Payment Requirement and Cancellation Policies

Tuition fee covers program materials and services, stationery, translation and interpretation, tea breaks, lunches, and a welcome banquet. Tuition must be paid in full amount in US dollars or equivalent RMB as indicated 10 days prior to program commencement. In case of cancellation, applicants must notify us 10 days in advance in order to receive a full refund. Otherwise, refund percentage is listed below:
Cancellation 9 – 5 days prior to program commencement: 80% refund
Cancellation within 5 days prior to program commencement: 60% refund
Cancellation after program commencement: non-refundable

Please note: course content may be subject to chance; please contact the admissions office for more detailed information.