LFU:online

Department of Economic Theory, Policy and History Department of Economic Theory, Policy and History

Mag. Elisabeth Christen, PhD Mag. Elisabeth Christen, PhD
Dr. Martin-Lukas Gächter Dr. Martin-Lukas Gächter

432033

Economics of European Integration

VO 2

3

Bachelor students Management & Economics: Microeconomics 1 & Macroeconomics International Economics & Business Studies Diploma: Microeconomics 1 + 2 & Macroeconomics & Public Economics

not applicable

each semester

English

This course will enable students to understand the most important economic concepts in European integration.

1. Introduction - History and Institutions - The European Economy 2. Preferential Trading Areas - Traditional Theories: Trade Creation and Trade Diversion - New Trade Theories 3. Microeconomic Policies - Common Agricultural Policy - Competition Policy - External Trade Policy - Regional Policy - Social Policy 4. Macroeconomic Policies in the EMU - Optimal Currency Areas - Creation of the EMU - Monetary Policy in the EMU - Fiscal Policies in the EMU

Students have to read the chapters provided in the e-campus and have to submit weekly assignments. Each assignment will be evaluated and feedback will be provided.

Module Exam

Artis, M. & Nixson, F. (2007): The Economics of the European Union. Policy and Analysis, 4th Edition, Oxford. De Grauwe, P. (2009): Economics of Monetary Union, 8th Edition, Oxford. Lecture Notes (provided in the e-campus) based on revised chapters from Hansen, J.D. (1997): An Economic Analysis of the EU, McGrawHill. Complimentary scientific articles.