Economics of Money, Banking and Financial Markets
1,500 words report as follows:
Describe and critically assess the main characteristics of the monetary system of a chosen country
1.1 List of countries
Please chose a country from the following list:
• Denmark • Hungary • Iceland
• Poland • Romania • Turkey
1.2.2 Introduction
There is no need to provide an introduction but a short introductory paragraph is expected. This can be part of topic 1 in the main body.
1.2.3 Main body
You are expected to describe and to provide a critical assessment of the monetary system of your chosen country addressing the following two (2) topics:
1. {30 Marks} – Monetary authority / central bank:
(a) structure;
(b) objectives;
(c) type of mandate;
(d) level of independence;
(e) decision process for the determination of base rate, operational standing facilities and other instruments of monetary policy (Open Market Operations, Quantitative Easing, Assets purchase programs, . . . );
(f) additional roles (macroprudential regulation, financial conduct and bank supervision, . . . ).
2. {70 Marks} – Monetary policy:
(a) prevailing strategy;
(b) assessment of past or current monetary policy decision affecting the objectives stated in the mandate;
(c) effectiveness of monetary policy decisions with regard to relevant theory.
Can figures, tables, table of contents, list of figures please be produced using a relevant software (Excel, Google sheet, eViews, Stata, …); this is because snapshots or snippets of existing tables or charts from external sources can not be accepted. A couple within the assignment would be great.
Referencing and citations will need to comply with the standards of APA 7th ed. use the website ‘cite this for me’ for accuracy.
use an online plagiarism checker, ideally should be below 15%. have a look at attached file for thorough detail and understanding.
