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Terminated in academic year 2020/2021

EU Monetary Policy

Type of study Follow-up Master
Language of instruction Czech
Code 120-0316/02
Abbreviation MP EU
Course title EU Monetary Policy
Credits 5
Coordinating department Department of International Economic Relations
Course coordinator Ing. Kateřina Dvoroková, Ph.D.

Subject syllabus

LECTURES
1. The origins and evolution of european monetary integration
2. European monetary system
3. Theory of optimum currency area
4. Launch of European monetary union
5. Institutional and legal framework of single monetary policy
6. ECB monetary policy strategy
7. ECB objectives and instruments of monetary policy
8. Banking regulation and supervision in EU and the role of the ECB
9. Monetary and fiscal policy in the monetary union
10. Financial integration in the monetary union
11. Coordination of national fiscal politics in EMU
12. EMU and the position of the single currency euro in the global economy

SEMINARS
1. Monetary integration and European Monetary System
2. OCA theory; technical aspects of introduction of euro
3. European monetary union
4. Monetary policy of the ECB
5. Financial integration in EU and the project of the European banking union
6. Eurozone candidate countries and the euro position in international monetary system

E-learning

ELearning course in LMS Moodle

Literature

BALDWIN, Richard and Charles WYPLOSZ. The Economics of European Integration. New York: McGraw Hill, 2009. ISBN 978-0-077-12163-1 .
EICHENGREEN, Barry. Globalizing capital: a history of the international monetary system. New Jersey: Princeton University Press, 2008. ISBN 978-0-691-13937-1.
GRAUWE, Paul de. 2016. Economics of Monetary Union. 11th ed. Oxford: Oxford University Press, 280 s. ISBN 978-01-987-3987-6.

Advised literature

DYSON, Kenneth and Martin MARCUSSEN. Central Banks in the Age of the Euro: Europeanization, Convergence and Power. Oxford: Oxford University Press, 2009. ISBN 978-0-19-921823-3.
FUHRER, Jeffrey C. Understanding Inflation and the Implications for Monetary Policy: A Phillips Curve Retrospective. Cambridge, MA: MIT Press, 2009. ISBN 978-0-262-01363-5.
HIERONYMI, Otto. Globalization and the Reformo f the International Banking and Monetary System. Basingstoke: Palgrave Macmillan, 2009. ISBN 978-0-230-23530-4.