- A.A. 2014/2015
- CFU 3, 3(m)
- Ore 20, 20(m)
- Classe di laurea LM-77, LM-77(m)
elementary notions of macroeconomics and monetary economics.
The course aims at giving an applied account of the recen financial crisis and of the
economic policies means used to overcome them. The focus is on the big financial
crisis started in the US in 2007 and on the tools used by the central banks.
1)Description of the evolution of the markets and of financial instruments in the last
2)examples to understand why certain financial derivatives have been used in the past and the consequences of their use for financial and macroeconomic stability.
3) the debate on the lende of last resort funcion of the central bank.
4) unconventional monetary policies.
The program consists of parts of reports (like for example the Financial Stability Report by the International Monetary Fund) which describe the evolution of financial crises, and of a selection ( by the student) of essays on the themes of the course, namely financial crises and proposals of reforms. The list of essays, among which a choice must be made, will be distributed during the lessons.
Lessons open to interactive participation by students