Iscuss The alternative theories of the demand for money can have very different implications for our view of the role of money in the economy

Monetary Theory and Policy
ASSESSMENT

The assessment for this module is 100% individual coursework

Question:
1/ a?The alternative theories of the demand for money can have very different implications for our view of the role of money in the economya? F Mishkin The Economics of Money, Banking and Financial Markets (9th ed 2009)
Discuss this statement. Your answer should include analysis of both Keynesian and modern quantity theories of the demand for money and relevant empirical evidence on them

NB :
1/ Word limit 5,000 words.
2/ You are required to note all sources using the Harvard referencing system.

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Assessment Criteria 1. Demonstrate an understanding of monetary theory and issues concerning monetary institutions and the role and conduct of monetary policy.

1st Class

The student will demonstrate a clear, in-depth and critical understanding of relevant monetary theory and issues.

2:1
The student will demonstrate a clear and critical understanding of relevant monetary theory and issues.

2:2
The student will demonstrate a reasonable understanding of relevant monetary theory and issues.

3rd Class
The student will demonstrate a basic understanding of relevant monetary theory and issues.

Fail
The student will fail to demonstrate an understanding of relevant monetary theory and issues.

2 Demonstrate an ability to apply knowledge to specific monetary issues, using appropriate economic concepts and models and be able to evaluate theoretical arguments and evidence.

1st Class
The student will demonstrate an excellent ability in applying their knowledge to specific monetary issues and in undertaking extensive and in-depth analysis and evaluation of theoretical arguments and evidence

2:1
The student will demonstrate a good ability to apply their knowledge to specific monetary issues and to undertake in-depth analysis and evaluation of theoretical arguments and evidence

2:2
The student will demonstrate a reasonable ability to apply their knowledge to specific monetary issues and to undertake analysis and evaluation of theoretical arguments and evidence situations, but without a high level of sophistication.

3rd Class
The student will demonstrate an ability to apply knowledge to specific monetary issues and to undertake analysis and evaluation of theoretical arguments and evidence but the discussion will lack depth.

Fail
The student will be unable to demonstrate an ability to apply knowledge and/or to analyse and evaluate appropriately.