ECON 317 - The European Monetary Union

Credits: 3
Planned Offering: Offered when interest is expressed and departmental resources permit

Prerequisite: ECON 215. This course explores monetary union within the European Union. Topics considered include: economic theories about monetary union; policy choices for the new European Central Bank; labor market adjustments to a common monetary policy; fiscal Economics policy coordination among participating countries; and possible expansion of the euro area. Students research topics by country and share their findings through oral and written presentations. Consideration is given to how this information helps to explain current events and how it influences actions taken by policymakers. In addition, the course explores the broader issues related to the impact of economic integration on politics and culture. Hooks.