This class exists in these courses :
• Faculté de Gestion, Economie & Sciences - Licences & Prépas - Licence 2 Internationale d'Economie et de Gestion - S3 - 3 ECTS
  Faculté de Gestion, Economie & Sciences - Licences & Prépas - Licence 2 Economie Finance - S3 - 3 ECTS

Prerequisites

have attended of the first year course " money, bank, finance". Master the process of monetary creation and monetary policies.

Learning outcomes

Have a reflection on the role of money, enable the understanding of monetary environment of our economies and master the intervention policies of cental banks.

Course description

Title 1: Money in the great trends: economic thought and monetary policy.
Chapter 1: money and classics
Chapter 2: money and monetarists
Chapter 3: money and keynesians
Title 2: money in economical systems
Chapter 1: IS-LM model (recall)
Chapter 2: AD-AS model (recall)
Chapter 3: the Claassen monetary model.
Title 3: monetary policy
Chapter 1: transmission canals of monetary policy
Chapter 2: european monetary policy

Class type

Class structure

Teaching methods

Assessment

Recommended reading

• Les orthodoxes||
  

  
  
  • Frederic Mishkin, Monnaie, banque et marchés financiers, Pearson, 9ème éd, 2010
  
  
  
  Les hétérodoxes||
  
  
  
  • Michel Aglietta et Natacha Valla, Le futur de la monnaie, Odile Jacob, 2021
  
  
  • Les économistes atterrés, La monnaie. Un enjeu politique, Seuil, 2018
  
  
  
  Les techniciens||
  
  
  
  • Sous la direction de Daniel Cohen et Claudia Senik, Les Français et l’argent, Albin Michel, 2021
  
  
  • Patrick Artus et Marie-Paule Virard, La folie des banques centrales, Fayard, 2016
  
  
  • Patrick Artus et Marie-Paule Virard, Le capitalisme est en train de s’autodétruire, Editions La Découverte, 2005
  
  
  • Pierre-Noël Giraud, Le commerce des promesses, Seuil 2001
  
  

Internet resources

• Site de la Banque Centrale Européenne