1. Monetary Law and Monetary Policy Organisational matters
Dr Marek Porzycki
Chair for Economic Policy

2. Website
netary-law-and-monetary-policy/ (link also available on USOS-web)
or:
(Chair for Economic Policy/Katedra Polityki Gospodarczej)  „Dydaktyka”  „Monetary Law and Monetary Policy”
Please follow the website for materials and announcements.

3. Pre-requirements No formal pre-requirements BUT:
Some previous knowledge of basic economics and economic policy issues would be highly desirable.
Students are advised to follow current news related to the world economy, central banking and currency issues.

4. Reading and materials
Ch. Proctor, Mann on the Legal Aspect of Money, Oxford University Press, 7th ed., (selected parts)
F. Mishkin, The Economics of Money, Banking, and Financial Markets, Pearson, 10th ed (selected parts)
Materials available on the internet, including on the ECB website
Reading will be indicated separately for each course

5. Basic contents
The concept of money, its functions and place in the legal system
Money supply, creation of money, monetary system
Central banking
Currency and foreign exchange
Monetary unions
Specific focus on the EU and euro
Specific focus on legal aspects
Focus on discussion and practical examples

6. Exam
An early exam in oral and written form is envisaged approx. in mid-January
Two exams in written form (essays) will be scheduled during the regular exam session
One re-sit exam in late February for students who fail during the regular exam session
3 questions, 60 minutes
Use of any materials prohibited (exact quotations from legal acts will not be required)
Precise times to be announced in November