Advanced Monetary Economics
 /  Advanced Monetary Economics
Advanced Monetary Economics

Professor: Christian OTTAVJ, Panthéon-Assas University

Objective: The aim of the course is to address the theoretical and political issues raised by the influence of the currency on the economy (growth, inflation, interest rate and level of employment).


  1. The status of currency in the economy
  2. The monetary equilibrium and its stability
  3. Neutrality of currency in the short term
  4. Long-term currency neutrality
  5. The determination of interest rates
  6. Interest rate and activity level
  7. Interest rates and expectations errors: the analysis of I. Fisher
  8. Natural, Banking and Market Interest Rates: K. Wicksell's Analysis
  9. Interest rate and market: F. Hayek's analysis
  10. The influence of money on income: the comparative analyzes of Friedman and JM Keynes



Bibliography: Ottavj, C. (2016), Théorie monétaire, Paris, éd. Synonyme - Sor.


General information

Address :

122, rue de Vaugirard
75006 Paris, FRANCE

L4 L6 L12 L13 Montparnasse
L10 L13 Duroc
L4 Saint-Placide
L12 Falguière

Phone :
+33 (0)1 53 63 80 76

Email :


Shortlisted results announced
11 juin 2024

27 et 28 juin 2024

Final admission results
29 juin 2024

Fin des inscriptions administratives
8 juillet 2024 (MBF1 et MBF2), 13 juillet 2024 (Master 2 TFB).

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