Jean Monnet Module for European Monetary Law contains 4 specialised deliver-made courses that will be held within 40 teaching hours during one academic year and it is expected that about 20 students will participate in these courses. Lectures are held at the Faculty of Law, the University of Niš in February, March, April, and May of the academic year 2020/2021, 2021/2022. and 2022/2023. years. The module consists of 40 hours of lectures, organised in two-hour blocks (in total about ten weeks approximately). After successfully completing all the above courses, the participants receive a certificate from the University of Niš on the completed MONELA module, which is a legitimate document and verifies the additional knowledge of the candidate.

Jean Monnet Module for European Monetary Law


Fiscal rules in the EU

The lecture aims to systematically study the role, importance, and functions of numerical and dynamic fiscal rules, its classification in the fiscal system of the European Union with special emphasis on their standardisation and implementation in primary and secondary sources of EU monetary legislation. Through a critical review of their genesis and assessment of normative and economic efficiency, students will be introduced to the need for their reform and judicial control in their implementation by comparing the experience of EU member states with their application, pointing to examples of good practice and reform in a de lege ferenda.

Lecture specification

European Central Bank Law

By mastering the course, students will be able to get acquainted with the jurisdiction of the European Central Bank as the supreme monetary institution and the main agent of the European Monetary and International EU, the organisational structure and components of monetary sovereignty, the evolution of its competence in conditions of global financial crisis and all aspects of its independence in the work that ensures valid monetary management. It will point out to students the specific legal nature of legal decisions it makes from the domain of not only monetary and credit but also fiscal policy, taking into account the new competencies it has acquired and practiced to preserve the stability of the euro zone.

Lecture specification

Monetary disputes and the European Court of Justice

The course aims to acquaint students with the concept and main features of monetary disputes, which are a special type of administrative disputes in which the realisation of active and passive procedural legitimacy of central banks and public debt management agencies. In this regard, it will point out the necessary knowledge that judges must possess to successfully clarify the monetary factual situation that arose from the dispositive of the monetary law norm through the jurisprudence of the European Court of Justice and resolving the most important monetary disputes in the recent monetary history of the European Union.

Lecture specification

Normative regulation of European economic governance

The course aims to acquaint students with the legal mechanisms of economic governance in the European Monetary Union by finding the provisions of primary and secondary Community legislation, especially the provisions of the European Semester, the Agreement on the European Stability Mechanism and Fiscal Treaty. Special emphasis will be placed on the features and legal scope of the agreement on the constitution of the bank and fiscal union to complete the concept of European economic and monetary union comprehensively.

Lecture specification

Lectures - Monetary Disputes and the European Court of Justice

Lectures - Fiscal rules in the EU

Lectures - European Central Bank Law

Lectures - Normative regulation of European economic governance

We kindly inform the participants of the Module that the materials for the lectures are on the Google Classroom platform, which they can access via the code submitted by e-mail.

Course syllabi on the Jean Monnet module on European Monetary Law can be found by module participants on the Google Classroom platform. Access to the Google Classroom will be given to all course participants in a timely manner at their email addresses.

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