Course syllabus RRHMU - Economic and monetary union (FRDIS - WS 2019/2020)


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Course code:
RRHMU
Course title in Czech:
Economic and monetary union
Course title in English:
Economic and monetary union
Semester:
WS 2019/2020
Mode of completion and number of credits: Exam (4 credits)
Mode of delivery and timetabled classes:
full-time, 3/0 (hours of lectures per week / hours of seminars per week)
Level of course:
master continuing
Course type: required
Type of delivery:
usual, consulting
Mode of delivery for our mobility students abroad:
-- item not defined --
Language of instruction:
Czech
Course supervisor:
doc. Ing. Petr Blížkovský, Ph.D.
Course supervising department: Department of Territorial Studies (FRDIS)
Faculty: Faculty of Regional Development and International Studies
Teachers:
doc. Ing. Petr Blížkovský, Ph.D. (examiner, lecturer, supervisor)
Ing. Amar Khairi (lecturer)
Prerequisites:
State Bachelor Exam
 
Timetable in this semester:
DayFrom-tillRoomTeacherEntry
Frequency
Capacity
Friday8.00-17.50
Z28 (ČP II.)
P. BlížkovskýLectureOccasionally
24
 
Aim of the course and learning outcomes:
The aim of the course is to learn students the monetary and fiscal policy of the EU. The course will provide insight into the economic and monetary objectives and instruments of the Economic and Monetary Union (EMU). Students will become familiar with the legal basis on which the EMU is built and its institutional arrangements. Students will gain knowledge about the causes and solutions to the economic crisis the EU after 2008 and the future direction of the euro area.
 
Course content:
1.
Introduction into the monetary and fiscal policy (allowance 3/0)
 
a.
The definition and role of fiscal policy
b.
The definition and role of monetary policy

2.History of European Monetary Union (allowance 6/0)
 
a.
The Bretton Woods order
b.The International Monetary Fund
c.
Werner Plan
d.
The system of fixed exchange rates (the snake in the tunnel)
e.The European Monetary System, ECU
f.
The Delor's plan and implementation stages
g.
The emergence of the euro area

3.
The European Central Bank and the European System of Central Banks (allowance 3/0)
 
a.
The Eurosystem's tasks and independence
b.The European Central Bank
c.
NCBs

4.
Monetary Policy of the EU (allowance 6/0)
 
a.
Objective
b.
Tools
c.
Price stability

5.
Fiscal Policy of the EU (allowance 3/0)
 
a.
The role of fiscal policy in EMU
b.
Then, the Stability and Growth

6.
Eurozone (allowance 6/0)
 
a.Euro area Member States
b.
The conditions for euro adoption
c.
Expanding Eurozone

7.
Eurozone crisis after 2008 (allowance 6/0)
 
a.The banking crisis
b.
The crisis of sovereign states
c.Rescue packages
d.EFSF, ESM
e.
Bank Union
f.
Capital Union

8.
EURO and the Czech Republic (allowance 6/0)
 
a.
The international role of the euro
b.
The Euro and the Czech Republic (the benefits and risks of adopting the euro, institutional support, the National Euro Changeover Plan for the Czech Republic

9.
Future of the Eurozone (allowance 3/0)
 
a.
Institutional aspects
b.
Economic policy

Learning activities and teaching methods:
Type of teaching method
Daily attendance
lecture
40 h
public presentation (oral)
2 h
preparation for exam
30 h
preparation of presentation20 h
elaboration and execution of projects
20 h
Total
112 h
 
Assessment methods:
Preparation and presentation of a case study during the semester: 25% of the total evaluation
Final written exam: 75% of the total evaluation
 
Assessment criteria ratio:
Requirement type
Daily attendance
Total
0 %
 
Recomended reading and other learning resources:
Basic:
BALDWIN, R. -- WYPLOSZ, C. The Economics of European Integration. Berkshire: McGraw-Hill , 2009. 596 p. ISBN 978-0-07-712163-1.
FIALA, P. -- PITROVÁ, M. Evropská unie. 2nd ed. Brno: Centrum pro studium demokracie a kultury, 2009. 803 p. ISBN 978-80-7325-180-2.
BREINEK, P. -- FLEK, V. -- KAPOUNEK, S. -- KÖNIG, P. -- KUČEROVÁ, Z. -- LACINA, L. -- LALINSKÝ, T. -- ROZMAHEL, P. -- SMRČKOVÁ, G. -- TUNKROVÁ, L. Euro: ano/ne?. 1st ed. Praha: Alfa nakladatelství, 2010. 319 p. ISBN 978-80-87197-26-4.

Course listed in study plans for this semester:
Track ES European Studies, full-time form, initial period WS 2018/2019
 
Course listed in previous semesters: WS 2018/2019, WS 2017/2018, WS 2016/2017, SS 2015/2016, WS 2015/2016, WS 2014/2015 (and older)
Teaching place:
Brno


Last modification made by Bc. Vít Karber on 05/15/2019.

Type of output: