International economics (Economics of European integration)
Lecturers
GRAZIANI GIOVANNI
Aim of the course
Historical evolution of European economic integration. Europe in the world economy. Institutions and economic policy making in the EU. The customs union and the common external tariff. The community budget. The Common Agricultural Policy and its reform. The internal market and the problem of its completion. The European Union’s competitiveness vis à vis the USA and Japan. The specialisation model of the European countries.. Structural funds, regional policy and redistribution. The common commercial policy and the EU’s international economic relations. European monetary integration: from EMS to Euro. The enlargement to the East European countries.
Syllabus
1. Historical evolution of European economic integration. Europe in the world economy;
2. Institutions and economic policy making in the EU.
3. The community budget;
4. The customs union and the common external tariff.
5. The Common Agricultural Policy and its reform;
6. The internal market and the problem of its completion;
7. The European Union’s competitiveness vis à vis the USA and Japan.
8. The specialisation model of the European countries;
9. Structural funds, regional policy and redistribution;
10. The common commercial policy and the EU’s international economic relations;
11. European monetary integration: from EMS to Euro;
12. The enlargement to the East European countries.
Prerequisite: prior completionof basic microeconomics and macroeconomics
Examinations
The exam, held at the end of the course, will be in a written form.
Reading list
Artis, M., Nixson, F., The Economics of the European Union, Third Edition, Oxford University Press, 2001.
Baldwin, R., & Wyplosz, C. The Economics of European Integration, McGraw-Hill, 2004
De Grauwe, P., Economics of Monetary Union, Oxford University Press, 2003
Senior Nello, S., The European Union, McGraw-Hill, 2005
Other material will be distributed during the course.