Very long because there are some countries with unsustainable debt-to-gdp ratios.

As long as the Eurozone will need to bring down its average debt-to-gdp ratio to a sustainable level.

Just enough so that the debt problem is solved for a majority of countries.

Total votes: 32

Learning objectives:

Reviewing the quantity theory of money.

Reviewing the link between public finance and monetary policy.

Identifying disparities in debt-to-gdp ratios in the Euro area.

Understanding decision making in the governing council of the ECB.

Understanding the politics of ECB monetary policy.

Being able to apply the median voter theorem to a concrete case.

Presentation videos:

Link: