Please note: there may be some adjustments to the teaching arrangements published in the course catalogue for 2020-21. Given current circumstances related to the Covid-19 pandemic it is anticipated that some usual arrangements for teaching on campus will be modified to ensure the safety and wellbeing of students and staff on campus; further adjustments may also be necessary, or beneficial, during the course of the academic year as national requirements relating to management of the pandemic are revised.

The Eurozone Political Economy MGT5321

  • Academic Session: 2020-21
  • School: Adam Smith Business School
  • Credits: 10
  • Level: Level 5 (SCQF level 11)
  • Typically Offered: Semester 2
  • Available to Visiting Students: No
  • Available to Erasmus Students: No

Short Description

The course investigates the changing nature of the Eurozone, focusing on banking and monetary policy in the wider context of globalisation and from a long-term perspective. Topics include ; why the euro was created; how the European Central Bank and the Eurosystem function; macroeconomic coordination; fiscal integration; capital markets integration; banking regulation and supervision and contemporary challenges.

Timetable

Six 3-hour sessions, each including a one-hour lecture and 2 hours of seminar/class discussion.

Requirements of Entry

None

Excluded Courses

None

Co-requisites

None

Assessment

An individual 2,500 word written essay will account for 100% of the assessment.

Course Aims

This course aims to develop students' knowledge of the Eurozone, focusing in particular on monetary policy and banking from a long-term perspective. It also aims to outline the economic and historical contexts in which the euro was created. The course aims to explore the causes and consequences of the design failures of the Eurozone and present the political, economic and financial implications of the creation of the euro and introduce the challenges of the Eurozone in a globalised world.

Intended Learning Outcomes of Course

By the end of this course students will be able to:

 

■ describe and critically assess the various aspects of the Eurozone's monetary policy making and banking challenges

 

■ evaluate the respective roles of the EU's institutions and member states in shaping the Eurozone's political economy

 

■ critically evaluate primary source material, in particular statistical data sets and archival sources, so as to form reasoned conclusions based on evidence

 

■ reconstruct the process by which events have unfolded, highlighting contingent historical occurrences and structural forces at play

Minimum Requirement for Award of Credits

Students must submit at least 75% by weight of the components (including examinations) of the course's summative assessment.