Euro-idea, mechanisms, evaluation WS-EKN-Eu
The lectures present:
- the evolution of post-war international monetary system and against this background initiatives of monetary integration in EEC/EU
- currency regimes, capital liberalisation and economic integration (Sigle Market) as conditions for a single currency,
- expectations related to the single currency,
- risks arisisng from giving up national currencies, in particular presented on the examples of chsen financial cises,
- theoretical background of monetary integration (theory of optimum currency area),
- rules governing the functioning of EMU,
- economic processes and mechanisms leading to the present crisis in EMU,
- economic policies (bail-out programmes, policy of ECB) aimed at soothing the crisis and their evaluation,
- comparison of case studies and conclusions with regard to the effects of EMU membership
(in Polish) Grupa przedmiotów ogólnouczenianych
Subject level
Learning outcome code/codes
Type of subject
Course coordinators
Learning outcomes
After the lectures students should know the origins of and rationale for EMU, theoretical and empirical arguments for/against the single currency, the rules governing the functioning of the euro zone, the evolution of economic situation and policies in EMU, understand economic mechanism that have operated in the euro zone, be able to express knowldgeable opinions within the scope of the lectures.
Assessment criteria
written, multiple-choise test
Bibliography
A. Koronowski, Koszty i korzyści z tytułu uczestnictwa w strefie euro, outline of lectures
A. Koronowski, Kwadratura euro, Wyd. A. Marszałek, 2013
P. Bagus, Tragedia euro, Instytut L. von Misesa, 2011
B. Bandulet, Ostatnie lata euro, Wektory, 2011
P. Albiński (red.), Kryzys a polityka stabilizacyjna w UE, Oficyna Wydawnicza SGH, 2014
A. Koronowski, Kryzys finansów publicznych czy kryzys płatniczy krajów PIIGS?, Gospodarka Narodowa nr 5-6/2011
Additional information
Additional information (registration calendar, class conductors, localization and schedules of classes), might be available in the USOSweb system: