Overall objectives:

1 - Students will be able to describe, solve and use the main models of intermediate complexity, in the field of monetary economics.
2 - Students will be able to develop a critical, comparative and quantitative analysis of the problems of modern monetary economics.

Syllabus:

1 - Basic elements of monetary economics
2 - Objectives and instruments of monetary policy
3 - Monetary economics and policy in the neoclassical theory
4 - Monetary economics and policy in the theory of Keynes
5 - Monetary economics and policy in the theory of the neoclassical synthesis
6 - Monetary economics and policy in the theory of the keynesian trade-off
7 - Monetary economics and policy in the monetarist theory
8 - Monetary economics and policy in the theory of the new classical economics
9 - Monetary economics and policy in the theory of the new keynesian economics

Literature/Sources:

Andini, C. , 2019 , Teorias e Políticas Macroeconómicas , Universidade da Madeira
Leão, E., Leão, P., Lagoa, S. , 2019 , Política Monetária e Mercados Financeiros , Edições Sílabo

Assesssment methods and criteria:

Classification Type: Quantitativa (0-20)

Evaluation Methodology:
The teaching methodology is mainly based on the oral and written transmission of knowledge from the instructor to the students during the contact hours. However, it also includes the analysis of case studies or problems as well as sessions to discuss practical applications of the theory. The materials most used for the transmission of knowledge are documents prepared by the instructor and websites. The assessment is periodical and consists of two mid-term exams. Each mid-term exam has a weight of 50%. All non mid-term exams have a weight of 100%.