Central Banking

Faculty

TAKAHASHI, Wataru
ODA, Nobuyuki

Credit / Semester / Schedule / Language

2 Credits / Summer / Thursday Period: 5 / English

Objectives/Overview

This course introduces the basic framework of central banking, such as the conduct of monetary policy and other operations, focusing mainly on the practices at the Bank of Japan.

Keywords

English

Schedule

The course covers the topics below.

1. Introduction
2. Monetary policy decision process
3. Money market operations in theory and practice
4. Payment and settlement system
5. Financial system stability
6. International coordination among central banks
7. Legal structure of central banks
8. History of central banks

Teaching Methods

Lecture

Grading

Mid-term report and final exams.

Required Text

No specific textbook will be used for this course. Reading materials will be assigned in the class, including publications from the Bank of Japan.