COURSE INFORMATION Course Title: MONETARY THEORY AND POLICY II

Code	Course Type	Regular Semester	Theory	Practice	Lab	Credits	ECTS
ECO 332	B	6	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 , 9:30-17:30
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:	Compulsory
Classroom and Meeting Time:	E110
Course Description:	Monetary Theory and Policy II: Determining, implementing, and evaluating monetary and fiscal policy; effect on the economy, monetary targets and indicators; role of interest rates in understanding monetary policy, the effects of monetary policy on different sectors; role of fiscal policy in the economy.
Course Objectives:

COURSE OUTLINE

Week	Topics
1	Introducing Money, Banking, and the Functions of Financial Markets
2	The Role of Money in the Macroeconomy
3	International economic policy and foreign exchange markets
4	Central banking
5	Functions of the financial system
6	Asymmetric information
7	The Pricing of Risky Financial Assets
8	Midterm
9	Regulatory framework of international banking
10	Understanding Foreign Exchange
11	Understanding financial contracts
12	Depository Financial Institutions
13	Money Laundering
14	The Regulation of Markets and Institutions

Prerequisite(s):
Textbook:	Principles of money, banking and financial systems, Edward T. Merkel (2009)
Other References:	The principles of banking, Moorad Choudhry (2012) Principles of banking law, 3rd edition, Ross Cranston, Emilios Avgouleas, Kristin van Zwieten, Christopher Hare, Theodor van Sante
Laboratory Work:
Computer Usage:
Others:	No

COURSE LEARNING OUTCOMES

1	Gaining knowledge about the role of money banking and financial markets in the economy.
2	Understanding how how to measure interest rates and how they behave
3	Investigation money and capital markets
4	Understanding foreign exchange focusing on fluctuations in exchange rates

COURSE CONTRIBUTION TO... PROGRAM COMPETENCIES (Blank : no contribution, 1: least contribution ... 5: highest contribution)

No	Program Competencies	Cont.
Bachelor in International Marketing and Logistics Management (3 years) Program

COURSE EVALUATION METHOD

Method	Quantity	Percentage
Midterm Exam(s)	1	30
Project	1	20
Final Exam	1	45
Attendance		5
	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	4	64
Hours for off-the-classroom study (Pre-study, practice)	10	2	20
Mid-terms	1	12	12
Assignments	1	10	10
Final examination	1	14	14
Other	1	5	5
Total Work Load:			125
Total Work Load/25(h):			5
ECTS Credit of the Course:			6