Monetary and Financial Economics

Code	16504
Year	3
Semester	S2
ECTS Credits	6
Workload	TP(60H)
Scientific area	Economics
Entry requirements	There are no entry requirements
Learning outcomes	The objective of this curricular unit is to introduce students to the basic concepts and models of monetary and financial economics. Students must achieve the following objectives: • Understanding the fundamental aspects of monetary theory and financial theory; • Understanding the functioning of monetary and financial markets; • Develop the perception of the limits of the monetary and financial analysis.
Syllabus	1 - Monetary and financial economics 2 - Central bank and monetary policy 3 - Monetary theory 4 - Interest rates 5 - The theory of efficient markets 6 - The portfolio’s determinants 7 - The equilibrium models of capital assets 8 - The capital market and the derivatives market 9 - The exchange market and exchange rate policy
Main Bibliography	Bodie, Zvi, Kane, Alex e Marcus, Alan J., Essentials of Investments, 9ª ed., McGraw-Hill /Irwin, 2013. Cecchetti, Stephen G. e Schoenholtz, Kermit L., Money, Banking, and Financial Markets, 4ª ed., McGraw-Hill Education, 2015. Mishkin, Frederic S., The Economics of Money, Banking, and Financial Markets, 10ª ed., Pearson, 2012.
Language	Portuguese. Tutorial support is available in English.