Course title

Monetary and Fiscal Policy in EU

Code

 INT 439

Professor

Gjorgji Gockov, PhD

Course objectives (competences):

After completing this course, students should be capable to:

• Understand the institutional framework and structure of the European Monetary System and its economic and financial characteristics
• Understand the framework and conduct of the monetary policy of the European Central Bank (ECB)
• Recognizing the problems of tax harmonization and competition in EMU
• Analyze the trends in EU public finances
• Understand the structure and characteristics of tax systems in EU countries

Course content:

• Theoretical aspects of creating a monetary union
• The institutional framework of the single monetary policy
• Economic and financial structure of the euro area
• ECB monetary policy
• Trends in public finance in Europe
• National fiscal policy in EMU countries
• Fiscal federalism in the EU
• Budget of the EU