You cannot just add a term to the Lagrangian to give the usual electromagnetic gauge theory magnetic charge. The reason is rather simple: The equation of motion for a magnetic four-current $j_m$ is $\mathrm{d}F = j_m$. But $\mathrm{d} F = \mathrm{d}\mathrm{d} A = 0$ independently of the equations of motion. So simply adding a term doesn't work.
The first way out is viewing monopoles as topological objects, whose location is removed from the spacetime on which the gauge theory is considered (or "where the gauge field is singular"). How this leads to e.g. the Dirac string and charge quantization I describe in this answer of mine. No term is added to the Lagrangian, the appearance of the monopole is of a purely topological nature, and $\mathrm{d}F = 0$ everywhere where it is defined.
Another way out is to introduce a manifestly electro-magnetic dual Lagrangian with an electric four-potential $A$ and a magnetic four-potential $B$ unfortunately with a non-canonical choice of spacelike four-vector $n$ where the Lagrangian is now
\begin{align} L = \frac{1}{2n^2} & \left( - \mathrm{d}A(n) \cdot {\star}\mathrm{d}B(n) + \mathrm{d} B(n) \cdot \mathrm{d}{\star}A(n) - \mathrm{d}A(n)\cdot{\star}\mathrm{d}A(n) - \mathrm{d}B(n)\cdot {\star}\mathrm{d}B(n)\right) \\ & - A\cdot j_e - B\cdot j_m \end{align}
where $j_e,j_m$ are the electic/magnetic currents, $X(n)$ denotes the contraction of the form $X$ with the vector $n$ in its first slot/index, and all the $\cdots$ are the usual Minkowski inner products of (co)vectors. The field strength is now given by several equivalent formulae, one of them is $F = \mathrm{d}A - (n\cdot\partial)^{-1} ({\star} n\wedge j_m)$, where the expression $(n\cdot\partial)^{-1}$ the integral operator whose kernel is the Green's function of $(n\cdot \partial) f = 0$ (at least, for consistency, this is the original field strength $\mathrm{d}A$ for $j_m = 0$!). This solution (which I may have butchered transmitting it into my notation) is due to Zwanziger in Local-Lagrangian Quantum Field Theory of Electric and Magnetic Charges.
A third way is to postulate that the electromagnetic $\mathrm{U}(1)$ comes from breaking a $\mathrm{SU}(2)$ through a Higgs-like mechanism, then there are 't Hooft-Polyakov monopoles, whose far field looks like a magnetic monopole for the unbroken $\mathrm{U}(1)$ but which does not require the removal of the location of the monopole (because it is not actually located at a point, the field is non-singular everywhere). This however introduces further modifications into the theory because now you have additionally the massive bosons of the broken symmetry.
Both of these follow from desirable properties of this hypothetical magnetic charge, namely:
- Magnetic charge is conserved.
- Magnetic field lines radiate outwards from positive magnetic charges.
- The net force between two magnetic charges moving at constant speed along parallel tracks is less than that between two stationary charges.
All three of these properties hold for electric charges. The last one may not be as familiar, but it basically works as follows: if we have a positive electric charge moving at constant velocity, it generates a magnetic field in addition to its electric field. A second positive electric charge moving parallel to the first one will therefore experience a magnetic force, and if you work out the directions, this force works out to be attractive. Thus, the net force between the two charges (electric and magnetic together) is less than the magnitude of the force they would exert on each other if they were at rest. [ASIDE: This can also be thought of in terms of the transformation properties of forces between different reference frames in special relativity, if you prefer to think of it that way.]
Now, the conservation of electric charge can be written in terms of the continuity equation:
$$
\vec{\nabla} \cdot \vec{j}_e + \frac{ \partial \rho_e}{\partial t} = 0
$$
Note that this can be derived from Ampère's Law and Gauss's Law ($\epsilon_0 \vec{\nabla} \cdot \vec{E} = \rho_e$), using the fact that the divergence of a curl is always zero:
$$
0 = \vec{\nabla} \cdot (\vec{\nabla} \times \vec{B}) = \mu_0 \vec{\nabla} \cdot \vec{j}_e + \mu_0 \frac{\partial ( \epsilon_0 \vec{\nabla} \cdot \vec{E})}{\partial t} = \mu_0 \left( \vec{\nabla} \cdot \vec{j}_e + \frac{\partial \rho_e}{\partial t} \right)
$$
If we want to extend Maxwell's equations to magnetic charges, we need to have a magnetic version of Gauss's Law and add in a magnetic current term to Faraday's Law:
$$
\vec{\nabla} \cdot \vec{B} = \alpha \rho_m \qquad \vec{\nabla} \times \vec{E} = \beta \vec{j}_m - \frac{\partial \vec{B}}{\partial t} ,
$$
where $\alpha$ and $\beta$ are arbitrary proportionality factors. But if we try to derive a continuity equation for magnetic charge from these two facts (as we did above for electric charge), we get
$$
\beta \vec{\nabla} \cdot \vec{j}_m - \alpha \frac{\partial \rho_m}{\partial t} = 0,
$$
and this is equivalent to the continuity equation if and only if $\alpha = - \beta$. Beyond this, the choice of $\alpha$ is to some degree arbitrary; different values correspond to different choices of which type of magnetic charge we call "positive", and what units we use to measure it. If we want to have magnetic field lines radiating away from "positive" magnetic charges, then we will want $\alpha > 0$; the usual choice in MKS units is to pick $\alpha = \mu_0$ (and $\beta = -\mu_0$), as you have in your equations above.
This negative sign in the magnetic current term Faraday's Law then implies that the electric field lines created by a moving magnetic charge will obey a "left-hand rule" instead of a "right-hand rule". In other words, the direction of $\vec{E}$ created by a moving magnetic charge would be opposite the direction of $\vec{B}$ created by a moving electric charge. If we still want two magnetic charges moving along parallel tracks to exhibit a lesser force than what they feel when at rest, then we must also flip the sign of the $\vec{v} \times \vec{E}$ term in the Lorentz force law to compensate for this flip.
Best Answer
This is a good question, but at first blush it is hard to answer. This is because there is always an ambiguity in where you put the meaningful definitions - you can put it in the force constant, or you can put it in the units for the magnetic charges.
For magnetic monopoles, the first place one naturally turns to is to the magnetic Gauss law, which would be modified to the form $\nabla\cdot\mathbf B\propto \rho_\mathrm{m}$ ... except that you don't really have a way to fix that proportionality constant. By symmetry with respect to the electric Gauss law ($\nabla\cdot\mathbf E=\rho_\mathrm e/\varepsilon_0$) you'd hope that would be $\mu_0$, but that's some hardy guessing.
What you do want, very much, is for magnetic monopoles to have the same relationship to magnetic dipoles as electric monopoles have with electric dipoles - and magnetic dipoles we know how to handle.
If you take this as your basis, then, you can postulate* a magnetic field of the form $$ \mathbf B=\frac{k_1q_\mathrm{m}}{r^2}\hat{\mathbf r}, \tag 1 $$ with some as-yet-to-be-determined constant $k_1$, for a magnetic monopole of magnetic charge $q_\mathrm{m}$. The key physical input is requiring a pair of opposite magnetic charges a distance $d$ apart to have a magnetic dipole moment of $$ m=q_\mathrm{m}d, $$ as in the dipole case, and this fixes the units of the magnetic charge: you know that this magnetic dipole (made from two opposite magnetic monopoles) must be exactly equivalent to a standard magnetic dipole: a current $I$ in a loop of area $A$, with magnetic dipole moment $m=IA$. This requires you to have $[q_\mathrm{m}]=\mathrm{A\,m}$.
From here you can get the dimensionality of the magnetic field constant: $$ [k_1] =[Br^2/q_\mathrm{m}] =[BL/I] =\left[\frac{\mu_0I}{L}\frac{L}{I}\right] =[\mu_0] =\mathrm{N/A^2}. $$ However, it doesn't tell you the numeric value of this constant, for which you need to go back to your initial physical input - the equivalence of opposite pairs of magnetic monopoles with current loops. In particular, if each magnetic monopole has a magnetic field as in $(1)$, then it follows that a pair of them, with opposite magnetic charges and separated by a distance $d$ along an axis $\hat{\mathbf u}$, must have the magnetic field $$ \mathbf B=\frac{k_1q_\mathrm{m}d}{r^3}\left(3(\hat{\mathbf u}\cdot\hat{\mathbf r})\hat{\mathbf r}-\hat{\mathbf u}\right). $$ This contrasts with the magnetic field of a current-loop magnetic dipole with magnetic dipole moment $\mathbf m$ $$ \mathbf B=\frac{\mu_0/4\pi}{r^3}\left(3({\mathbf m}\cdot\hat{\mathbf r})\hat{\mathbf r}-{\mathbf m}\right), $$ which needs to be equivalent under the identification $\mathbf m=q_\mathrm{m} d\:\hat{\mathbf u}$, and this completely fixes the magnetic-field constant at $$ k_1=\frac{\mu_0}{4\pi}, $$ i.e. $$ \mathbf B=\frac{\mu_0}{4\pi}\frac{q_\mathrm{m}}{r^2}\hat{\mathbf r} $$ for a point magnetic monopole of magnetic charge $q_\mathrm{m}$. Similarly, this fixes the magnetic Gauss law to the naive $$ \nabla\cdot\mathbf B=\mu_0\rho_\mathrm m $$ (where $\rho_\mathrm m$ is of course the volumetric density of magnetic charge).
OK, so that's a lot of work - and we're nowhere near the force that you asked about. The reason for this is that we can only get out of the formalism what we put in, and we have only specified how magnetic monopoles should produce magnetic fields, but not how they should react to them. To get that from the formalism, we need to give it more information, and here again we are constrained in that a opposed-point-monopoles magnetic dipole needs to feel exactly the same force that a current-loop magnetic dipole of the same magnetic moment does.
Similarly to the above, we can postulate* that an external magnetic field $\mathbf B$ will produce a force $$ \mathbf F=k_2q_\mathrm m\mathbf B $$ on a point magnetic monopole of magnetic charge $q_\mathrm m$, and see what happens. Given this postulate, the same algebra that worked for electric dipoles implies that if you have two magnetic monopoles of opposite magnetic charges $q_\mathrm m$ a distance $d$ apart along the unit vector $\hat{\mathbf u}$, then the torque on them exerted by an external uniform magnetic field $\mathbf B$ will be $$ \boldsymbol{\tau} = (k_2q_\mathrm md\:\hat{\mathbf u})\times\mathbf B, $$ which contrasts with $\boldsymbol{\tau} = \mathbf m\times\mathbf B$ for a usual current-loop magnetic dipole of magnetic dipole moment $\mathbf m$. This equivalence then forces our second constant to be $$ k_2=1. $$ Similarly, you can check that this force will give identical expressions for the force on a magnetic dipole in a non-uniform external magnetic field $\mathbf B(\mathbf r)$, regardless of whether it is made up from opposing magnetic monopoles or from a small current loop.
With this, then, we can just connect the two main laws - how magnetic monopoles produce magnetic fields and how they react to them - to get the answer we're after. If you have two magnetic monopoles of magnetic charges $q_{\mathrm m,1}$ and $q_{\mathrm m,2}$, separated by a distance $r$ along the separation vector $\hat{\mathbf{r}}_{1\to2}$ pointing from $1$ to $2$, then the magnetic force exerted by magnetic monopole $1$ on magnetic monopole $2$ is $$ \mathbf F=\frac{\mu_0}{4\pi} \frac{q_{\mathrm{m},1}q_{\mathrm{m},2}}{r^2}\hat{\mathbf{r}}_{1\to2}. $$ As expected, like poles repel each other (e.g. two point north poles repel).
Here the magnetic charges are measured in ampere meters, and the magnetic charges can be calibrated by observing the interaction with a moving electric charge: if you have a point magnetic monopole of magnetic charge $q_\mathrm{m}$ and an electric charge $q_\mathrm{e}$ separated by a distance $r$ along the unit separation vector $\hat{\mathbf{r}}_\mathrm{m\to e}$, with the electric charge moving at velocity $\mathbf{v}_\mathrm{e}$, then the electric charge will be subject to a force $$ \mathbf F=\frac{\mu_0}{4\pi} \frac{q_{\mathrm{m}}q_\mathrm{e}}{r^2} \mathbf{v}_\mathrm{e} \times \hat{\mathbf{r}}_\mathrm{m\to e}. $$ This gives you an 'anchor' for the unit of magnetic charge - it's not free-floating, and it's completely tied to the unit of electric charge.
* Note that these are also additional impositions on the form of the produced magnetic field and the response to external fields. However, both postulates are reasonable things to assume: if the relations were substantially different, then we wouldn't want to call those objects magnetic monopoles. Moreover, it should be essentially possible to get to those forms using very little more than symmetry considerations.