F2F
ONL
Print this page Central Banks and Inflation
Available Classes
$33
Limited
inc GST
Central Banks and Inflation
<p>The prevailing economic consensus is that politically independent central banks are more effective in controlling inflation, a view that underpins recent reforms to the way that the RBA makes its
...
The prevailing economic consensus is that politically independent central banks are more effective in controlling inflation, a view that underpins recent reforms to the way that the RBA makes its decisions. But the recent increases in the RBA’s cash rate have been highly controversial, and have fuelled popular discontent. Will central bank independence survive a possible backlash?
DELIVERY MODE
- Face-to-Face
SUGGESTED READING
- The Transmission of Monetary Policy, Reserve Bank of Australia
- How the Reserve Bank Implements Monetary Policy, Reserve Bank of Australia
COURSE OUTLINE
- The aims and objectives of central bank independence
- Why independent central banks are more effective inflation-fighters
- The current pressures on central banks and the possible political response
LEARNING OUTCOMES
By the end of this course, students should be able to:
- Understand the aims and objectives of central bank independence
- Assess current controversies over central bank decision-making
- Analyse potential political responses to these current controversies
Michael Taylor
LLM, DPhil
Michael Taylor (LLM, DPhil) is new to the WEA but has extensive teaching experience over a long career. He began over thirty years ago as a College Lecturer in Moral and Political Philosophy at...