Monetary Law and Monetary Policy Organisational matters Dr

Monetary Law and Monetary Policy Organisational matters Dr Marek Porzycki Chair for Economic Policy

Website http: //www. law. uj. edu. pl/~kpg/dydaktyka/mo netary-law-and-monetary-policy/ (link also available on USOS-web) 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, 7 th ed. , 2012 (selected parts) F. Mishkin, The Economics of Money, Banking, and Financial Markets, Pearson, 10 th 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