course-details-portlet

POL2029

Monetary Policy and the Foreign Exchange Market

New from the academic year 2025/2026

Credits 7.5
Level Intermediate course, level II
Course start Autumn 2025
Duration 1 semester
Language of instruction Norwegian
Location Trondheim
Examination arrangement School exam

About

About the course

Course content

The course deals with money and monetary policy and currency - nationally and internationally. Both theory and practice are covered. The course will give a theoretical review of the origin of money, the relationship between interest rent and exchange rate, and various factors that affect the exchange rate of a country's currency. We will also cover the relationship between monetary policy and the state's fundamental goals.

The importance of monetary policy for macroeconomic stabilization is also reviewed, based on experiences in Norway. Furthermore, the structure and function of some selected international currency markets are covered, as well as the importance of these markets for Norway.

Learning outcome

Knowledge - the student shall:

  • acquire basic and general knowledge about money and monetary policy, including corresponding specific knowledge about Norway
  • develop knowledge of important theoretical approaches in order to understand developments in interest rate and currency market
  • become familiar with the main types of monetary and exchange rate regimes internationally

Skills - the student shall demonstrate the ability to:

  • understand and apply central communication from authorities in this field
  • understand the use of interest rate and currency markets for some private and government actors
  • identify dilemmas and trade-offs related to challenges and current policies

Learning methods and activities

Lectures/seminars for 2 hours a week throughout the semester and supervision of the term paper. There will be given a prompt for the compulsory assignment, which can be written individually or together with 1-2 others.

Compulsory assignments

  • Approved term paper

Further on evaluation

Form of assessment: 4-hour written exam.

Required previous knowledge

None

Course materials

To be decided at the start of the course.

Subject areas

  • Social Studies
  • Social Sciences
  • Political Science

Contact information

Course coordinator

Department with academic responsibility

Department of Sociology and Political Science

Examination

Examination

Examination arrangement: School exam
Grade: Letter grades

Ordinary examination - Autumn 2025

School exam
Weighting 100/100 Examination aids Code E Date 2025-12-15 Time 09:00 Duration 4 hours Exam system Inspera Assessment
Place and room for school exam

The specified room can be changed and the final location will be ready no later than 3 days before the exam. You can find your room location on Studentweb.

Sluppenvegen 14
Room SL510
5 candidates
Room SL520
11 candidates
Room SL310 lilla sone
8 candidates
Room SL415
3 candidates
Room SL310 turkis sone
6 candidates
Room SL311 orange sone
10 candidates
Room SL310 hvit sone
2 candidates
Room SL430
5 candidates

Ordinary examination - Spring 2026

School exam
Weighting 100/100 Examination aids Code E Duration 4 hours Exam system Inspera Assessment Place and room Not specified yet.