This course will be offered as part of the Jackson Institute and will follow the Yale College academic calendar. The conduct of monetary policy and of financial regulation is integral to the economy as a whole. This course will explore theoretical and policy perspectives as well as empirical debates in central banking since the turn of the twentieth century. At the course’s conclusion, students should appreciate the practice of central banking as it has evolved and better understand the ongoing global economic and financial crisis. Pre-requisite: Intermediate Macroeconomics (MGT 425). Limited to 5 SOM students.