Money and Banking
New School for Social Research: Economics
Course Reference Number: 7400
Credits: 3
This course centers on the salient approaches to money, banking relations, and financial institutions in economic analysis. Discussions are analytically and historically grounded by discussions of Classical contributions to monetary thought, the controversies between the 19th- Century Banking and Currency Schools, and the monetary theories of Menger, Wicksell, and Hicks. The course then considers more recent contributions and debates, drawing primarily on contract-theoretic, Marxian, and Post-Keynesian frameworks. Topics discussed include game- theoretic approaches to money, banking, and debt contracts; theories of the nature, economic impact, and social content of interest; contemporary unit-of-account and Chartalist theorizations of money; the possibility of a Marxian theorization of credit-monetary forms and relations; and the behavior and social relations of contemporary banking institutions. The aim of the course is to provide students with the necessary analytical foundations for PhD-level research inquiring into monetary or banking theory, behavior, and social relations.
College: New School for Social Research (GF)
Department: Economics (GECO)
Campus: New York City (GV)
Course Format: Lecture (L)
Max Enrollment: 18