Class Monetary Economics

To provide elements for the understanding and analysis of the most recent theories and applications in a fundamental area of ¿¿Economics, that is, the monetary area.

Relate to macro and micro economic aspects.

Emphasize the importance of policies and of social and political consequences and settings.

1. Presentation 
2. Basic Concepts 
3. Historical Evolution 
4. Coin Demand 
5. Coin Offer 
6. IMF and World Bank
7. ECB and Structural Funds 
8. Monetary Policy, Objectives and Instruments 
9. Financial Crises 
10. Monetary Economy in the EU 
11. Monetary Policies in the EU
12. Structure of jurO rates
13. Monetary Policy in Portugal - historical aspects 
14. Monetary Policy in Portugal - recent aspects  
15. Rules versus discretion in monetary policy.
16. Behavioral Finance 
17. Political International financial crisis and incompetence, Sveiby's analysis. 
18. Unconventional Monetary
19. The Balance of Payments as an essentially monetary phenomenon.
20. Monetary Policy in a context of flexible exchange rates.
21. Monetary Policy in several countries of reference 
22. Conclusion 

This UC will be taught with a great emphasis on the daily life of students. They will have to find news related to the various UC topics for us to comment on in class. 

• [Fernandes, Abel L. C; Mota, Paulo R.T.; A Teoria e a Política Monetárias na Actualidade, 2ª edição, Almedina, 2014