Within basic theoretical frameworks, the course analyzes the role of money, central banking and the transmission of monetary policy in developed countries, with special emphasis on the European Union and the ECB.
Expected learning outcomes
Knowledge and understanding: The student should be able to understand the role of financial intermediaries and the management and transmission of monetary policy in modern industrialized economies with particular attention to the Economic and Monetary Union (EMU). In addition, he/she should also know the main quantitative models of international economic policy.
Applying knowledge and understanding: the student should be able to apply the acquired knowledge to the evolution of modern monetary systems and monetary policies implemented in the EU and the USA.
Making judgments: the student should be able to use autonomously the acquired knowledge solving specific issues such as the evaluation of policies implemented by the major central banks.
Communication: the student is expected to give clear and in-depth answers to the questions of the written exam and, eventually, to the ones of the oral exam.
Lifelong learning skills: the student should be able to show a good learning ability, by widening, for example, his/her knowledge with use of relevant bibliographic references. The student will have the opportunity to apply the knowledge gained in previous courses integrating them with the additional professional skills that characterize the course.
ITALIAN VERSION
