European Monetary System

Aims of the course

Give a historical overview of European monetary integration
Introduction to the policy of the European central bank
Economics of the Growth and Stability Pact.

Course syllabus

1. The History of Economic and Monetary Integration in Europe
2. Theory of Optimum Currency Areas
3. EMU: Institutions and Credibility
4. EMU: Monetary Policy Strategy
5. Fiscal Policy and the Stability Pact
6. ERM2
7. Single Currency

Course director(s)

  • Igor Masten, PhD, Full Professor

  • Academic Unit for Money and Finance (Regular Member)
  • Academic Unit for Mathematics, Statistics and Operations Research (Associate Member)
  • Office Hours
  • Tuesday at 14:00 in RZ-205
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