Università Roma Tre

The course is divided into three parts.
In the first one the main models of monetary theory are examined, aiming at investigating the role and functioning of the demand and supply of money.
The second part analyzes the objectives, instruments and transmission mechanisms of monetary policy, in the light of the main economic theories.
The third part analyzes the interactions between the functioning of financial markets and the transmission mechanisms of monetary policy, focusing on the empirical cases of the financial crisis of 2007-2008 and its economic and monetary impact, the euro crisis in 2011 and the current volatility of the financial markets.