|Study location||Netherlands, Maastricht|
|Type||Summer Courses, full-time|
|Nominal duration||2 weeks (2 ECTS)|
|Tuition fee||€1,099 one-time|
Enrolled as an Undergraduate student or Undergraduate diploma
An intermediate level of economics is recommended.
The entry qualification documents are accepted in the following languages: English.
Often you can get a suitable transcript from your school. If this is not the case, you will need official translations along with verified copies of the original.
The language of the course is English, so we expect a fluent level and the ability to follow and participate in class.
The EMU is a fascinating and unprecedented experiment in history in which several countries voluntarily decided to give up some of their sovereign independence in exchange for a common European Union. In this course, we will focus on three main topics. First, we will study the necessary ingredients to create a successful monetary union. That is, we will study the theoretical framework called ”optimal currency areas”. We will also discuss if the European Union possesses such characteristics. Second, we will study the main economic crises in recent years. We will talk about the European Financial crises as well as the European sovereign debt crises and how these catastrophic periods can be partly explained by the theory of optimal currency areas discussed in the first topic of this course. Third, we will study which policies are necessary to correct and improve the EMU and which policies can prevent future economic and financial crises in the European Union.
• Understand the function of the financial system
• Understand the reasons for economic and financial crises
• Understand the challenges and solutions for the EMU
Textbook and academic articles
Lectures, papers, PBL, presentations, assignments
Attendance, participation, Final paper, Presentations
Diogo Sampaio Lima