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Sie sind hier: Startseite Lehre Veranstaltungsarchiv WS 2006/2007 The Making of the Euro
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The Making of the Euro

Lecture by Dr. Gunter Baer

The Making of the Euro -
Economic and Financial Issues Relating to the Creation of a Single Currency
WS 2006/2007

Dr. Gunter Baer

 

Time and Place

Time:
Place:

Start

First week.

Target Group

This course is designated for second-year IMP-Students.

Credits

 4 Credit Points.

Downloads

 

Outline

  1. The European Union: structure, governance, history
  2. A reminder of some basic open economy relationships relevant for understanding “The making of the Euro”
  3. The economics of Monetary Union: cost and benefits of a single currency
  4. Integrating national economies: from segmented markets to a single market
  5. European exchange rate arrangements
  6. “Parallel currency” – a market-driven approach to monetary union?
  7. Official blueprints: the Werner and the Delors Plans
  8. The issue of policy coordination: fiscal policy in a monetary union
  9. From blueprint to political commitment: the Maastricht Treaty
  10. Creating a single central bank system: the Statutes of the ESCB and  ECB
  11. Translating statutes into operational and procedural measures  
  12. The monetary policy of the ECB
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