MONETARY ECONOMICS AND POLICY
ECONOMIA E POLITICA MONETARIA
| A.Y. | Credits |
|---|---|
| 2016/2017 | 6 |
| Lecturer | Office hours for students | |
|---|---|---|
| Germana Giombini | Thursday 14-15. |
Assigned to the Degree Course
| Date | Time | Classroom / Location |
|---|
Learning Objectives
The course provides an introduction to monetary theory, to the effects of monetary variables on the macroeconomic system, the role of the Central Bank and the conduct of monetary policy. Subjects covered include: The nature and function of money. Classical monetary theory, neutrality and inflation. Theories of the demand for money. The banking system, financial intermediation and the determinants of the money supply. The transmission mechanism of monetary policy. The theory and practice of monetary policy by the ECB.
Program
I. The nature and functions of money. II. The theories of supply and demand of money. III. Theory and practice of monetary policy of BCE. IV. The origins and management of economic crisis .
Bridging Courses
Microeconomics and Macroeconomics
Learning Achievements (Dublin Descriptors)
Knowledge and understanding: the student, at the end of the course, will know the functioning of the money market of modern economies.
Applying knowledge and understanding: the student will be able to understand and analyze the evolution of modern monetary systems and monetary policies implemented in the EU and in USA.
Making judgments: the student will have developed a critical capacity to assess the quality of the suggested solutions and policies of central banks.
Communication skills: the student will learn to communicate the results of the analysis conducted with the aid of reports and graphs.
Learning skills: the student will be able to apply the knowledge acquired in previous courses to further integrating vocational skills that characterize the course.
Teaching Material
The teaching material prepared by the lecturer in addition to recommended textbooks (such as for instance slides, lecture notes, exercises, bibliography) and communications from the lecturer specific to the course can be found inside the Moodle platform › blended.uniurb.it
Teaching, Attendance, Course Books and Assessment
- Teaching
The course consists of lectures and seminars for a total of 36 hours of lessons.
- Attendance
It is highly recommended to attend regularly the course.
- Course books
Pietro Alessandrini, "Economia e politica della moneta", il Mulino 2015. All chapters except XII, XIII, XIV and XV.
Erasmus students can request to sit the final exam in English with an alternative bibliography to be defined with the professor.
- Assessment
The examination is based on a written test and consists of 5 open questions. Each correct answer is worth 6 points. The exam is considered passed if the student brings an evaluation equal to or greater than 18. The vote may be:
- Rejected by the student; the test must be repeated (possible option for once).
- Accepted by the student.
- Accepted with request for integration in the oral test (which can increase or decrease the script rating).
The test results are displayed on the same day or the next day of the test. At the timetable announced during the written exam, students who wish may inspect their proper exam, proceed with registration of the votes for those who accept the vote and take the oral exam for those that require integration.
- Disabilità e DSA
Le studentesse e gli studenti che hanno registrato la certificazione di disabilità o la certificazione di DSA presso l'Ufficio Inclusione e diritto allo studio, possono chiedere di utilizzare le mappe concettuali (per parole chiave) durante la prova di esame.
A tal fine, è necessario inviare le mappe, due settimane prima dell’appello di esame, alla o al docente del corso, che ne verificherà la coerenza con le indicazioni delle linee guida di ateneo e potrà chiederne la modifica.
Additional Information for Non-Attending Students
- Teaching
Same program of the attending students.
- Attendance
Same program of the attending students.
- Course books
Same program of the attending students.
- Assessment
Same modalities of the attending students.
- Disabilità e DSA
Le studentesse e gli studenti che hanno registrato la certificazione di disabilità o la certificazione di DSA presso l'Ufficio Inclusione e diritto allo studio, possono chiedere di utilizzare le mappe concettuali (per parole chiave) durante la prova di esame.
A tal fine, è necessario inviare le mappe, due settimane prima dell’appello di esame, alla o al docente del corso, che ne verificherà la coerenza con le indicazioni delle linee guida di ateneo e potrà chiederne la modifica.
Notes
Erasmus students can request to sit the final exam in English with an alternative bibliography to be defined with the professor.
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