History of monetary integration in Europe -- Theory of optimum currency areas -- Economic and monetary union: institutions and credibility -- Monetary policy strategy of EMU -- Fiscal policy coordination and the stability and growth pact -- EMU and the wage bargain -- Real convergence in a monetary union -- New European monetary system.
History of monetary integration in Europe -- Theory of optimum currency areas -- Economic and monetary union: institutions and credibility -- Monetary policy strategy of EMU -- Fiscal policy coordination and the stability and growth pact -- EMU and the wage bargain -- Real convergence in a monetary union -- New European monetary system.