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First part. 1. Introduction to monetary economics. 2. Functioning of monetary and banking system. 3. Basic elements in monetary theory and policy. 4. Interactions between monetary policy and fiscal policy. Second part. 1. Monetary policy and macroeconomic equilibrium. 2. Steps towards the European Monetary Union. 3. European Central Bank and monetary policy: aims and instruments. 4. Economic crises and unconventional monetary policies. 5. Exchange rate, competitiveness and trade 6. Interest rate and exchange rate: parity conditions. 7. Notes on digital money and cryptocurrencies.

Basic knowledge of topics in political economy is required.

Cesaratto, S. (2021) Sei lezioni sulla moneta. La politica monetaria com'è e come viene raccontata. Ed. Diarkos, €conomie.

Lecture attendance is not mandatory.

The assessment is based on a written exam.

https://corsidilaurea.uniroma1.it/it/users/corradoandiniuniroma1it

The teaching methodology is based on in-class lectures.

First Part - Introduction to Monetary Economics - Functioning of the Monetary and Banking System - Basic Elements of Monetary Theory and Policy - Interactions Between Monetary Policy and Fiscal Policy Second Part - Monetary Policy and Macroeconomic Equilibrium - Steps Toward European Monetary Union - European Central Bank and Monetary Policy: Objectives and Tools - Economic Crises and Unconventional Monetary Policies - Exchange Rate and the Balance of Payments - Interest Rate and Exchange Rate: Parity Conditions

Basic knowledge of topics in microeconomics and macroeconomics is required.

Cesaratto, S. (2021) Sei lezioni sulla moneta. La politica monetaria com'è e come viene raccontata. Ed. Diarkos, €conomie.

Lecture attendance is not mandatory.

The final assessment is based on a written exam. The exam is aimed at evaluating the learning and processing ability of the topics covered during the course. It will be conducted on the basis of the following criteria: general knowledge, clarity of presentation, adequate property of language, effective presentation supported by valid arguments, ability to summarize. To pass the exam, students are required to achieve a mark of 18/30. The student must demonstrate that he has acquired sufficient knowledge of the topics covered and that s/he is able to explain them with language properties and the ability to make connections across topics. For the maximum mark, the student must demonstrate that s/he has acquired an excellent knowledge of all the topics covered during the course, being able to connect them in a logical and coherent manner.

The teaching methodology is based on in-class lectures. The course benefits from digital resources: in particular, an e-learning platform is used for the distribution of teaching materials and communications with students.