esade

The Euro & the Economic Crisis (2235.YR.005815.1)

General information

Type:

 OPT

Curs:

 2,3,4

Period:

 S semester

ECTS Credits:

 4 ECTS

Teaching Staff:

Group Teacher Department Language
Year 2 Josep Comajuncosa Ferrer Economía, Finanzas y Contabilidad ENG

Group Teacher Department Language
Year 3 Josep Comajuncosa Ferrer Economía, Finanzas y Contabilidad ENG

Group Teacher Department Language
Year 4 Josep Comajuncosa Ferrer Economía, Finanzas y Contabilidad ENG

Prerequisites

Macroeconomics

Previous Knowledge

it is important to know the main macroeconomic variables. Also, a good understanding of which are the goals and instruments of the fiscal policy and monetary policy.

Workload distribution

Lectures: 25h.

Group Assignment: 40h.

Independent Study: 35h.

Course Learning Objectives

Obtain a good understanding the European Monetary Union (Euro Zone). Introduce the Theory of Optimal Currency Areas.

Describe the difficulties and crisis experienced by the Euro Zone to understand the mistakes made in the design of the EZ.

Analyze the reforms that the EZ must undertake to get close to an Optimal Currency Area. Analyze the political difficulty and feasibility of these reforms.

CONTENT

1. European Union: Political and Economic Integration

2. The Theory of Optimal Currency Areas

3. The Public Debt Crisis in the Euro Zone (2008-2012)

4. Reforms in the Euro Zone (2012-2023)

5. Other Financial Crisis

Methodology

During most of the sessions, the professor will explain the theoretical content of the topics. Also some other activities will be done, like readings, exercises or case discussions.

Students must form groups of 3 members. Each group has to do a presentation of a chosen topic for the rest of the class. They should use PowerPoint slides. Presentations will be 20 minutes long, and students should give an explanation to provide their classmates a clear idea of the chosen topic.
A list of possible topics will be provided to the students. Two sessions will be spent to do this presentations.

Assessment criteria

Final Exam: 50%

Group Assignment: 50%

Timetable and sections

Group Teacher Department
Year 2 Josep Comajuncosa Ferrer Economía, Finanzas y Contabilidad

Timetable Year 2

From 2023/9/6 to 2023/10/11:
Each Wednesday from 10:45 to 13:15.

From 2023/11/8 to 2023/11/29:
Each Wednesday from 10:45 to 13:15.

Group Teacher Department
Year 3 Josep Comajuncosa Ferrer Economía, Finanzas y Contabilidad

Timetable Year 3

From 2023/9/6 to 2023/10/11:
Each Wednesday from 10:45 to 13:15.

From 2023/11/8 to 2023/11/29:
Each Wednesday from 10:45 to 13:15.

Group Teacher Department
Year 4 Josep Comajuncosa Ferrer Economía, Finanzas y Contabilidad

Timetable Year 4

From 2023/9/6 to 2023/10/11:
Each Wednesday from 10:45 to 13:15.

From 2023/11/8 to 2023/11/29:
Each Wednesday from 10:45 to 13:15.