This course aims to equip students with knowledge of the money, financial institutions, banking and the payments system. Furthermore the course introduce students to the theories relating to the:

  • money supply process,
  • demand for money, and
  • economic policy analysis through the use of the Investment Saving (IS) and Liquidity Preference Money Supply (LM) and the Aggregate Demand (AD) and Aggregate Supply (AS) curves.

The course will draw examples from Namibia, Southern Africa Development Community (SADC) countries and some selected developed countries. The knowledge imparted to students in this course will enable them to understand and analyze financial intermediaries and financial markets better. The course also aims to equip the students with the knowledge of how monetary policy works in any economy.