Code: | 1EC302 | Acronym: | EM |
Keywords | |
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Classification | Keyword |
OFICIAL | Economics |
Active? | Yes |
Responsible unit: | Agrupamento Científico de Economia |
Course/CS Responsible: | Bachelor in Economics |
Acronym | No. of Students | Study Plan | Curricular Years | Credits UCN | Credits ECTS | Contact hours | Total Time |
---|---|---|---|---|---|---|---|
LECO | 230 | Bologna Syllabus since 2012 | 3 | - | 6 | 63 | 162 |
To provide undergraduate students, considering the available time and background study, with ample and integrated knowledge about the way monetary policy is able to attain economic policy goals, in the context of closed and open economies, in view of the applicable institutional context. Towards that, the necessary emphasis will be given to monetary policy instruments and its transmission mechanism in the underlying economic theories’ framework.
The main objective of this course is that students acquire a good grasp of both monetary theory and policy.
Chapter 1 - Money
Chapter 2 – The demand for money
Chapter 3 – Money supply
Chapter 4 – The conduct of monetary policy
Chapter 5 – Rules in the conduct of monetary policy
Chapter 6 – Money and the theories on the determination of interest rates and prices
Chapter 7 – Interest rates
Chapter 8 – Term structure of interest rates
Chapter 9 – The impact of monetary policy on external economic variables
Chapter 10 – Capital flows and the balance of payments adjustment mechanism
The course is based on a theoretical component and a practical component where students become familiar with the use of the concepts and the interpretation of results. In order to link the subjects of the course with the economic reality, news from the economic press will be read and interpreted.
Designation | Weight (%) |
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Exame | 90,00 |
Participação presencial | 10,00 |
Total: | 100,00 |
Designation | Time (hours) |
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Frequência das aulas | 4,50 |
Total: | 4,50 |
I. Evalaution by tests
a. 2 tests with non-cumulative subjects
b. the 1st test has a weight 0f 40%, the 2nd weights 50%, and 10% of the final grade is reserved for presence and participation in classes.
The final grade according to the evaluation by tests results from the following formula:
Final grade=grade in the 1st test*40%+grade in the 2nd test*50%+assiduity and participation*10%
II. Final exam evaluation: the final grade is computed according to the following formula:
Final grade= MAx(Grade in the final exam*90%+assiduity and participation*10%; grade in the final exam)
As in the in the general rule of evaluation of knowledge of the Faculty (RAC).