Program Image Modern Monetary Theory and European Macroeconomics

Modern Monetary Theory and European Macroeconomics

Short or summer course

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The course introduces students to Modern Monetary Theory (MMT) in the context of the Eurozone. The course explains money creation and its macroeconomic consequences, including the response to the pandemic, fiscal framework of the European Union and its recent reform, causes and consequences of inflation and unemployment.

The balance sheets and transactions that are relevant for understanding modern money are examined, with a focus on the Eurozone. Explanations include the idea that banks can create bank deposits through their accounting software, that governments spend first and collect taxes later and that central banks use a set of interest rates as their main tool of policy instead of manipulating the money supply.

Language

English

Title

-

Duration

5 days

ECTS credits

Accreditation

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Numerus Fixus

Tuition fee

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Admission

Application requirements

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Start date App. deadline EU/EEA App. deadline Non-EU/EEA
19 Aug '24 19 Jul '24 19 Jul '24

Contact

Maastricht University

Main address
Minderbroedersberg 4 tot 6
6211 LK Maastricht
043 - 3882222

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