Terminated in academic year 2020/2021

EU Monetary Policy

Type of study	Follow-up Master
Language of instruction	English
Code	120-0516/02
Abbreviation	EUMP
Course title	EU Monetary Policy
Credits	4
Coordinating department	Department of International Economic Relations
Course coordinator	Ing. Kateřina Dvoroková, Ph.D.

Subject syllabus

1. Course Introduction
2. Origins and Development of European Monetary Integration
3. European Monetary System
4. The Theory of Optimum Currency Area
5. Formation of the European Monetary Union
6. Institutional Framework of the Common EU Monetary Policy
7. The ECB´s Monetary Policy Strategy
8. Monetary Policy Instruments of the ECB
9. Monetary and Fiscal Policy in Monetary Union
10. Institutional Framework of Fiscal Policy in EU
11. The Integration of Financial Markets in the EU
12. Monetary Policy of non Euro Area States
13. Real and Nominal Convergence of EU Economies
14. EMU and Euro Position in the World Economy

E-learning

LMS Moodle

Literature

BALDWIN, Richard and Charles WYPLOSZ. The Economics of European Integration. New York: McGraw Hill, 2009. .
De GRAUWE, Paul. Economics of Monetary Union. New York: Oxford University Press, 2009. ISBN 978-0-19-956323-4.
EICHENGREEN, Barry. Globalizing capital: a history of the international monetary system. New Jersey: Princeton University Press, 2008. ISBN 978-0-691-13937-1.

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.

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