Module Identifier EC33010  
Module Title EUROPEAN AND INTERNATIONAL MONETARY SYSTEMS  
Academic Year 2004/2005  
Co-ordinator Mr Bruce Morley  
Semester Semester 1  
Pre-Requisite (EC10120 and EC10320) or (EC10510 and EC10610)  
Course delivery Lecture   10 Hours  
  Seminars / Tutorials   4 Hours  
Assessment
Assessment TypeAssessment Length/DetailsProportion
Semester Exam1.5 Hours  80%
Semester Assessment 1 piece of coursework20%
Supplementary Assessment1.5 Hours Examination and/or resubmission of coursework100%

Learning outcomes

On completion of the module students should:


Aims

The module aims to provide students with an advanced understanding of the monetary and political interdependence of countries and trading blocs in their historical and institutional framework. The emphasis will be on the main changes to which the international and European monetary systems have been subject during the last twenty years.

Brief description

This module investigates the international and European monetary system, with respect to their recent development and problems.

Content

The Bretton-Woods system
Fixed versus flexible exchange rates
Eurocurrency markets
International macroeconomic coordinators
Debt crisis
Maastricht criteria
European Central Bank

Transferable skills

Reading Lists

Books
** Recommended Text
P de Graune (1999) The Economics of Monetary Integration 2nd edition. Oxford
P de Graune (1996) International Money: Post War Trends 2nd edition. Oxford
M Melvin (1996) Interntaional Money and Finance 4th edition. Harper Collins
K Pilbeam (1998) International Finance 2nd edition. Macmillan

Notes

This module is at CQFW Level 6