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Monetary Law and Monetary Policy Organisational matters. Dr Marek Porzycki Chair for Economic Policy. Website. http://www.law.uj.edu.pl/~kpg/index.php?option=com_content&task=view&id=94&Itemid=168 or:
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Monetary Law and Monetary PolicyOrganisational matters Dr Marek Porzycki Chair for Economic Policy
Website • http://www.law.uj.edu.pl/~kpg/index.php?option=com_content&task=view&id=94&Itemid=168 or: • http://www.law.uj.edu.pl/~kpg/ (Chair for Economic Policy/Katedra Polityki Gospodarczej) „Dydaktyka” „Monetary Law and Monetary Policy” • Please follow the website for materials and announcements.
Pre-requirements • No formal pre-requirements BUT: • Some previous knowledge of basic economics and economic policy issues would be highly desirable. • Students are advised to follow current news related to the world economy, central banking and currency issues.
Reading and materials • Ch. Proctor, Mann on the Legal Aspect of Money, Oxford University Press, 7th ed., 2012 (selected parts) • F. Mishkin, The Economics of Money, Banking, and Financial Markets, Pearson, 10th ed. 2013 (selected parts) • Materials available on the internet, including on the ECB website http://www.ecb.europa.eu/ • Reading will be indicated separately for each course
Basic contents • The concept of money, its functions and place in the legal system • Money supply, creation of money, monetary system • Central banking • Currency and foreign exchange • Monetary unions • Specific focus on the EU and euro • Specific focus on legal aspects • Focus on discussion and practical examples
Exam • An early exam in oral and written form is envisaged approx. in mid-January • Two exams in written form (essays) will be scheduled during the regular exam session • One re-sit exam in late February for students who fail during the regular exam session • 3 questions, 60 minutes • Use of any materials prohibited (exact quotations from legal acts will not be required) • Precise times to be announced in November