(objectives)
The course is divided into three parts. The first examines the main models of monetary theory, aimed at investigating the role and functioning of the demand and supply of money. The second section analyzes the objectives, tools and transmission mechanisms of monetary policy, in the light of the main economic theories. The third analyzes the interactions between the functioning of the 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 currency repercussions, the euro crisis of 2011 and the current financial market volatility.
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