Programme And Module Handbook
Course Details in 2020/21 Session

If you find any data displayed on this website that should be amended, please contact the Curriculum Management Team.

Module Title LH International and European Monetary Issues
SchoolBirmingham Business School
Department Birmingham Business School
Module Code 08 03231
Module Lead Dr Yao Yao
Level Honours Level
Credits 10
Semester Semester 2
Restrictions Available to all students who have been allowed onto the final year of a degree programme in the Department of Economics (including Joint Honours) or who have passed 08 08336/08 08338 Macroeconomics AB
Contact Hours Lecture-20 hours
Guided independent study-80 hours
Total: 100 hours

This module examines key issues of the international monetary system with a focus on Europe. It begins by examining the historical context and evolution, which form the basis of analysis of the political and the economic background leading to the formation of European Monetary Union. The module provides theoretical and empirical analysis of the costs and benefits of monetary union (basic framework and tools in international macroeconomics are introduced where needed). Other topics covered include: fiscal policy and the stability pact, monetary policy decision making in the European Monetary Union, and incomplete monetary union.

Learning Outcomes

On completion of this module students will be able to:

  • demonstrate systematic knowledge and understanding of the formation of European Monetary Union and its economic policy decision making process;
  • conduct cost and benefit analysis of monetary union logically and accurately;
  • analyse and discuss theoretical and empirical issues in the topical area of monetary integration.
Assessment 03231-01 : Exam : Exam (Centrally Timetabled) - Written Unseen (100%)
Assessment Methods & Exceptions 2 hr written examination (100%)
Other none
Reading List