The main aim of this course is to enhance the students’ knowledge of International monetary economics and combine the accumulated knowledge from different courses into a one useful package. On successful completion of this course, students are expected to have developed knowledge and understanding of: Central Banking, Monetary policy tools and goals, Money Supply, Transmission mechanisms of monetary policy. In addition, on successful completion of this course, students are expected to have developed their skills in: Understanding the relationships between money, central banking and economic variables. Students will be able to observe the monetary side of the economics and its impacts in macroeconomics.