Monetary and financial economics

Duration

45h Th

Number of credits

Lecturer

Lionel Artige, Danielle Sougné

Coordinator

Lionel Artige

Language(s) of instruction

French language

Organisation and examination

Teaching in the second semester

Schedule

Schedule online

Units courses prerequisite and corequisite

Prerequisite or corequisite units are presented within each program

Learning unit contents

The course in Monetary and Financial Economics covers monetary theory and policy (Prof. Lionel Artige) as well as the management of financial institutions (Prof. Danielle Sougné). The program consists of 2 parts:
Part 1 (Lionel Artige) : Monetary economics

Money and the money market  The demand for money The money supply: money creation Interest rate formation Monetary policy Financial crises
 

Part 2: The Foreign Exchange Market (Danielle Sougné)

Introduction to the Foreign Exchange Market The different exchange rate regimes Determination of exchange rates Cryptomonnaies

Learning outcomes of the learning unit

The objective of this course is to acquire knowldege in economics and finance in order to understand the working of the financial markets.

Prerequisite knowledge and skills

Courses in Macroeconomics and in Financial Markets.

Planned learning activities and teaching methods

Lectures and reading list.

Mode of delivery (face-to-face ; distance-learning)

Face-to-face

Recommended or required readings

Szpiro, Daniel (2009) Economie monétaire et financière, de Boeck.
 
Hull, John (2011) Options, Futures et autres actifs dérivés, Pearson, 8ème édition.
 
Mishkin, Frederic S. (2010) Monnaie, banques et marches financiers, 9ème édition, Pearson.
 
Landais, Bernard (2008) Leçons de politique monétaire, de Boeck.

Assessment methods and criteria

Final written exam.

Work placement(s)

Organizational remarks

Contacts

Prof. Danielle Sougné
Bureau : N1 - 204
email : danielle.sougne@uliege.be
 
Prof. Lionel Artige
Bureau :  1.53 (B31, Sart Tilman)
Tél : 04 366 48 91
email : lionel.artige@uliege.be