Course Content (Syllabus)
In this course we discuss the following three themes: A. Monetary policy in the traditional models investigating the impact of money on the real economic activity and inflation. B. Static and dynamic monetary policy theoretical games in closed and open economy (Barro - Gordon model): credibility of monetary policy , independence and transparency of the Central Bank. C.The conduct of monetary policy in the context of the European Monetary Union , the combination of monetary and fiscal policy (policy mix) in the European Monetary Union and the role of the labor market . Emphasis is placed on analytical and systematic presentation of the different economic models as well as the mathematical proof of theories and policy proposals .
Keywords
Monetary Theory, Policy, Games, Credibility
Course Bibliography (Eudoxus)
1. Π. Κορλίρας, Νομισματική Θεωρία και Πολιτική, εκδ. Ε. Μπένου, Αθήνα 2006. Κωδικός Βιβλίου στον ΕΥΔΟΞΟ: 2709.
2. P. Howells, K. Bain, Χρήμα, Πίστη, Τράπεζες, Μια Ευρωπαϊκή Προ-σέγγιση, εκδ. Κριτική, Αθήνα 2009. Κωδικός Βιβλίου στον ΕΥΔΟΞΟ: 7657869.