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040835 SE Theory and Empirics of Monetary Integration (MA) (E) (2016W)

4.00 ECTS (2.00 SWS), SPL 4 - Wirtschaftswissenschaften
Continuous assessment of course work


Note: The time of your registration within the registration period has no effect on the allocation of places (no first come, first served).


max. 24 participants
Language: English



Schedule see 040834


Aims, contents and method of the course

Monetary Integration
Theory of Optimum Currency Areas
Exchange rate strategies, crises and interventions
Monetary policy in normal and crisis times
Fiscal policy and the sovereign debt crisis

Assessment and permitted materials

To pass the seminar you need a minimum of 21 out of a total of 40 points:
- 19 points: paper presentation on one of the presentation topics from the list given below (teams of max. 3 students)
o Presentations should take 15-20 minutes, and should give a critical view on the topic to stimulate the subsequent discussion.
o In addition to the 2-3 given background papers students should include at least three other sources of information (journal article, commentary) –listed on the last slide of the presentation – to provide a round-up of the topic. The presentation should provide a clear story line and should be linked to the content of the lecture.
o Hand in one printout of the slides!
o Topics are distributed on a first-come – first-serve basis: After the end of the introductory session you can submit a list of your top-3 choices of topics to maria.silgoner@oenb.at.
- 11 points: active participation in group works
- 10 points: active participation (i.e. verbal interventions) in discussions

Minimum requirements and assessment criteria

The university course (UK, lecture with exam) and the seminar (SE) are designed as
a package, so that on each course day the content of the lecture is rounded up by
corresponding group works and presentations. I therefore recommend taking both
courses. It is, however, also possible to register just for either the UK or the SE.

Examination topics

Reading list

Main Literature: De Grauwe, Paul, 2014, Economics of Monetary Union, Thenth Edition, Oxford University Press.

Association in the course directory

Last modified: Mo 07.09.2020 15:29