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Updated in [August 31st, 2023]

Skills and Knowledge:
In this course, you will acquire knowledge and skills related to the history of the Economic and Monetary Union (EMU) of the EU, the issues that were faced by the EMU during multiple financial crises, how the European Central Bank (ECB) tackled the crisis situations, the issues and flaws that still remain within the union, and Alfred Mifsud's proposed solutions for resolving the flaws and bringing the union towards a stable equilibrium. You will also gain an understanding of practical economics, monetary policy, fiscal policy, and politics by looking at the case study of the euro and the EMU. Additionally, you will learn how policy-making decisions are made at the European Central Bank.

Professional Growth:
This course contributes to professional growth by providing an in-depth look at the history, issues, and solutions of the Euro and the European Monetary Union. It provides an opportunity to learn from someone with decades of experience in the financial services industry and first-hand knowledge of how policy-making decisions are made at the European Central Bank. The course features over 3 hours of video lectures, text modules, and an audiobook and digital version of Alfred Mifsud's book, "The Euro - Cure or Curse for the Future of the EU?". This course provides a practical side of economics, monetary policy, fiscal policy, and politics by looking at the case study of the euro and the EMU. It is a unique learning opportunity that can help professionals gain a better understanding of the European Monetary Union and the issues it faces.

Further Education:
This course seems suitable for preparing further education. It covers the history, issues, and solutions related to the Euro and the European Union, providing insights into economics, monetary policy, fiscal policy, and politics. The course is taught by Alfred Mifsud, a former Deputy Governor of the Central Bank of Malta, who has extensive experience in the financial services industry and firsthand knowledge of policy-making decisions at the European Central Bank. The course includes video lectures, text modules, an audiobook, and access to Mifsud's book, providing comprehensive learning materials.

Course Syllabus

Introduction

What is a Monetary Union?

The Main Causes of Instability in the EMU

The Euro Survived

What is Being Proposed? Is It Practical? Is It Enough?

Patching Up Won't Work Anymore

Priority to removing inbuilt unfairness in EMU and getting it to work for all

What needs to be done

Conclusion: getting things done by explaining the bigger costs of doing nothing