University of Liege | Version française
Study programmes 2007-2008Last update : 7/05/2008
ECON0258-1  Economie européenne
Duration :  30h Th
Credits/ECTS :  
"licencié" business studies, 1st year2
Bachelor in economical and in management sciences, 3rd year3
One-year preliminary programme leading to the Master in Economical Sciences, general orientationToute l'année4
Master in Economical Sciences, in-depth approach, 1st yearToute l'année5
Master in Economical Sciences, didactic approach, 1st yearToute l'année5
Master in Economical Sciences, specialized approach, 1st yearToute l'année5
Master in Management SciencesToute l'année4
Holder(s) :  Joseph Tharakan
Language :  Langue anglaise
Course contents :  Introduction
- History
- Law, Institutions and the Budget
- Decision Making

Economic aspects of European economic integration
- The Essential Economics of Preferential Liberalization
- Market Size and Scale Effects
- Growth Effects and Factor Market Integration

EU policies
- The Common Agricultural Policy
- Location Effects, Economic Geography and Regional Policy

Monetary aspects of European integration
- A monetary history of Europe
- The choice of an exchange rate regime
- The European Monetary System
- Optimum Currency Areas
- The European Monetary Union

Other economic aspects of European economic integration
- Fiscal policy and the stability pact
- The financial markets and the Euro
- Economic integration and labour market institutions
Course objective :  This is an introductory course in the economics of the European Union. Upon completion of the course, students should be familiar with facts and figures about the European Union, understand the main problems linked to the European integration and the main policies adopted by the EU, understand and apply economic reasoning to different issues linked to the formation of the EU.
Prerequisites :  Ideally, introductory courses in microeconomics and macroeconomics.
Written notes :  Powerpoint slides will be available to download before each lecture.

Textbook: Richard Baldwin and Charles Wyplosz, The economics of European integration, McGraw-Hill
Assessment :  Evaluation will be based on the student's
- knowledge of facts and figures about the EU
- capacity of understanding economic reasoning
- capacity to apply economic concepts and reasoning to European economic issues.
Contacts :  Professor: Joseph Tharakan - e-mail: J.Tharakan@ulg.ac.be

Assistant: Achraf Tarsim
e-mail: A.Tarsim@ulg.ac.be
Ph: 04 366 29 65
Office: B. 31 - 1.56

Secretary: Claudine Chmielewski
Tél. : 04/366.31.08


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