Currículo
Public Finance in the EMU PFEMU
Contextos
Groupo: Finance > 2º Ciclo > Parte Escolar > Unidades Curriculares Optativas > Optional Course 2
ECTS
6.0 (para cálculo da média)
Objectivos
Public finances are seen as a particular challenge for Monetary Union: sound public finances are key for price stability-oriented monetary policies but responsibility remains in the hand of individual governments. The Stability and Growth Pact defines a framework for fiscal policies in EMU being relevant how it has changed and how it works in practice. The course will discuss the theoretical underpinnings, empirical evidence and practical considerations that surround fiscal policies in EMU.
Programa
Theory and application of fiscal policy in EMU - Optimum currency areas. Key fiscal variables and trends; - Fiscal and monetary interactions; - Sustainability of public finances; - Expansionary fiscal consolidations; - Quality of public finances; - Growth, long-term determinants of fiscal policy. Fiscal policy surveillance in UEM - Discretionary fiscal policy and automatic stabilisation; - EU fiscal framework; - SGP, EDP, fiscal rules; - Implementing the EU fiscal framework; - Fiscal policy and financial markets.
Método de Avaliação
Two options: Exam, no support material is allowed (contributes 100% to the final grade); Exam plus written group essay: - Exam, no support material is allowed (contributes 65% to the final grade); - Group essay (contributes 35% to the final grade) (4-5 students per group, maximum 25 pages, Times New Roman 12, 1.5 spacing, margins 2.5 cm), has to be delivered by the end of 2013 (one hard copy, and by email).
Carga Horária
Carga Horária de Contacto -
Trabalho Autónomo - 121.0
Carga Total -