(in Polish) Monetary and budgetary policy 1155-12-F21-0-MaBP

The essence, evolution and modern forms of money. Money and currency market and monetary policy. Interest rate in monetary policy.
Money creation mechanisms and measurement of its quantity.
Money demand theories. Objectives and instruments of the monetary policy of the central bank. Model foundations of monetary policy in a closed economy.
Foreign determinants of monetary policy. Development of monetary policy models in an open economy. Fundamentals of monetary policy in the monetary union.
Elements of the theory of public choice. Public finance system. Public income. Economic and social effects of taxes. Public expenditure. Budget balance. The public debt. Fiscal policy.

Total student workload

1. Hours done with the participation of the teacher: lecture 30 hours + consultation 10 hours 2. Individual work: 10 hours. 3. Preparation for passing the course: 25 hours.

Learning outcomes - knowledge

W1: The graduate has in-depth knowledge of monetary policy of the central bank as well as budgetary policy of the government and its position within the system of Social Sciences as well as of the economics theory and its evolution. K_W01 W2: The graduate has in-depth knowledge of statistical and dynamic relationships between monetary and budgetary policies and financial structures and institutions at the national and international levels. K_W06

Learning outcomes - skills

U1: The graduate is able to analyse monetary and budgetary phenomena along with their causes and course of action and to formulate their own opinions on them as well as to postulate and verify research hypotheses. - K_U02 U2: The graduate is able to use specialized English in the context of monetary and budgetary policy. - K_U10

Teaching methods

- Ms PowerPoint/PDF presentation - informative / conventional lecture - problem lecture

Expository teaching methods

- informative (conventional) lecture
- problem-based lecture

Prerequisites

Basic knowledge of Finance, Public Finance and Banking from the 1st degree of FiR.

Course coordinators

Robert Huterski

Assessment criteria

Written examination in the form of open-ended (narrative) questions or oral examination (++). 50% is required to pass the course: W1, W2, U1
Checking the implementation of the effects:
"+++" to the full extent
"++" to a great extent
"+" partially

Practical placement

Not applicable.

Additional information

Additional information (registration calendar, class conductors, localization and schedules of classes), might be available in the USOSweb system:

Description of 1155-12-F21-0-MaBP in USOSweb