Educational guide 2023_24 Faculty of Business and Economics

Bachelor's Degree in Finances and Accounting

Contents

Topic	Sub-topic
1. Private money and public money	1. Basic forms of money 2. Central bank and central bank money 3. The monetary policy domestic trilemma 4. Money as an accounting entry 5. A heterodox model of bank money creation 6. Hyman Minsky's financial instability hypothesis
2. Domestic money and foreign money	1. An extended version of the currency market competitive model 2. Spatial and triangular arbitrage 3. Uncovered interest rate parity 4. Covered interest rate parity 5. Relative purchasing power parity 6. Other financial parities 7. Fisher international equation
3. Money and the public sector	1. Public expenditure and net financial wealth 2. Heterodox view of the relationship between money and public deficit 3. Heterodox view on monetary policy and fiscal policy 4. Public deficit and balance sheet recession theory 5. A model of fiscal policy as monetary policy 6. A model of the interaction between fiscal and monetary policy
4. Money and economic activity	1. Sectoral balance identities 2. A model of economic activity based on the sectoral identities with balanced foreign sector 3. A model of economic activity based on the sectoral identities with unbalanced foreign sector 4. The quantity theory of credit 5. Theories and models on inflation and unemployment
5. International money and international monetary system	1. Dollar hegemony in the international monetary system 2. The Triffin dilemma and related financial dilemmas 3. The open economy trilemma and related international trilemmas 4. Elementary models of the creation of monetary unions

Competences	Learning outcomes	Contents
Planning	Methodologies	Personalized attention
Assessment	Sources of information	Recommendations