EPOKA UNIVERSITY
FACULTY OF ECONOMICS AND ADMINISTRATIVE SCIENCES
DEPARTMENT OF ECONOMICS
COURSE SYLLABUS
COURSE INFORMATIONCourse Title: ADVANCED MONETARY THEORY AND POLICY |
| Code | Course Type | Regular Semester | Theory | Practice | Lab | Credits | ECTS |
|---|---|---|---|---|---|---|---|
| ECO 509 | B | 3 | 3 | 0 | 0 | 3 | 6 |
| Academic staff member responsible for the design of the course syllabus (name, surname, academic title/scientific degree, email address and signature) | NA |
| Lecturer (name, surname, academic title/scientific degree, email address and signature) and Office Hours: | Chrysanthi Balomenou |
| Second Lecturer(s) (name, surname, academic title/scientific degree, email address and signature) and Office Hours: | NA |
| Teaching Assistant(s) and Office Hours: | NA |
| Language: | English |
| Compulsory/Elective: | Elective |
| Classroom and Meeting Time: | 18:00-20:45 |
| Course Description: | - |
| Course Objectives: | The main aim of this course is to teach how to improve students academical, analytical and synthetical skills on Monetary Theory and Policy, by providing them all the indispensable information and tools on both how: a) to learn, comprehend and interfere in a scientific book or article of the field of Monetary Economics, via cultivating critical view aspects and not adopting sterile parrot learning educational methods and b) to write a scientific article in order to be published in scientific journals of the area. |
|
COURSE OUTLINE
|
| Week | Topics |
| 1 | Introduction of the syllabus |
| 2 | Analysis of the first case study article: US - Europe Crisis lessons from Japan |
| 3 | Analysis of the second case study article:Revisiting the LOLR Facility |
| 4 | Revisiting the Lender of Last Resort (Part 2) |
| 5 | Revisiting the Lender of Last Resort (Part 3) |
| 6 | Rules vs. Discretion in Monetary Policy |
| 8 | Revision |
| 9 | Midterm |
| 10 | The functions of monetary policy and banking supervision be separated |
| 11 | Banking Safety Net |
| 12 | European Banking Union |
| 14 | Revision |
| Prerequisite(s): | |
| Textbook: | Textbook: Manual of Elsevier editions on “Understanding the Publishing Process in scientific journals”; Zafiropoulos,K. “How a Scientific Work is written- Scientific Research and Writing”, Kritiki Editions; Other References: Lectures on Academic Writing and Research Methodology and the materials prepared by the Lecturer; nominated articles relating to Monetary Policy and Theory and to Monetary and Banking Law issues and recent speeches on Monetary Theory and Policy. |
| Other References: | |
| Laboratory Work: | |
| Computer Usage: | |
| Others: | No |
|
COURSE LEARNING OUTCOMES
|
| 1 | Improve their professional skills in monetary economics and Monetary – Banking Law. |
| 2 | Improve their academical skills in monetary economics and Monetary – Banking Law. |
| 3 | Improve their analytical, critical and empirical skills in monetary economics- Monetary and Banking Law |
| 4 | Take advantage of the offered opportunities and challenges to acquire a comprehensive Knowledge and background on how to write a scientific article. |
| 5 | Promoting academic skills for preparing and submitting a paper to an international conference, for being presented at an ordinary, special or referee session |
| 6 | Promoting academic skills for publishing a paper in and indexed journal/or in a proceedings book |
| 7 | Promoting academic skills for publishing a paper/article as a chapter contribution to a scientific book or monograph. |
|
COURSE CONTRIBUTION TO... PROGRAM COMPETENCIES
(Blank : no contribution, 1: least contribution ... 5: highest contribution) |
| No | Program Competencies | Cont. |
| Master of Science in Economics Program | ||
| 1 | The students are gained the ability to look at the problems of daily life from a broader perspective. They gain the needed skills not only to understand economic problems in economics but also to construct a model and defend in meaningful way. | 5 |
| 2 | They have knowledge about the microeconomics. | 5 |
| 3 | They have knowledge about the macroeconomics. | 4 |
| 4 | They have knowledge about the international economics and finance. | 4 |
| 5 | They have ability to use mathematical and statistical methods in economics. | 5 |
| 6 | They know how to use computer programs in both daily office usage and statistical data evaluations in public and private sector. | 4 |
| 7 | They have necessary economics skills that needed in private and public sector. | 3 |
| 8 | They are intended to be specialist in one of departmental fields that they choose from the list of general economics, growth and development, labor economics and labor market, environmental economics, agricultural economics, health economics, education economics and human development, political economics, international economics, monetary economics, finance economics, public finance, international financial markets and institutions, banking and central banking, international trade and banking, monetary economics and banking, | 4 |
| 9 | They have ability to utilize fundamental economic theories and tools to solve economic problems in economics. | 5 |
| 10 | They are aware of the fact that economics is a social science and they respect the social perspectives and social values of the society’s ethics. | 4 |
|
COURSE EVALUATION METHOD
|
| Method | Quantity | Percentage |
| Midterm Exam(s) |
1
|
30
|
| Term Paper |
1
|
20
|
| Final Exam |
1
|
40
|
| Attendance |
10
|
|
| Total Percent: | 100% |
|
ECTS (ALLOCATED BASED ON STUDENT WORKLOAD)
|
| Activities | Quantity | Duration(Hours) | Total Workload(Hours) |
| Course Duration (Including the exam week: 16x Total course hours) | 16 | 3 | 48 |
| Hours for off-the-classroom study (Pre-study, practice) | 16 | 3 | 48 |
| Mid-terms | 1 | 16 | 16 |
| Assignments | 1 | 15 | 15 |
| Final examination | 1 | 18 | 18 |
| Other | 1 | 5 | 5 |
|
Total Work Load:
|
150 | ||
|
Total Work Load/25(h):
|
6 | ||
|
ECTS Credit of the Course:
|
6 | ||