ECONOMICS OF EUROPEAN INTEGRATION
The course aims to achieve the following learning goals centred on the international economic integration processes, and specifically on the European Union (EU):
¥ students will acquire knowledge and comprehension skills to analyze the economic motivations of the EU, its economic policies and the role of European and national institutions in their formation and implementation.
¥ application of knowledge and comprehension to the problems of European economic integration will be proved by the ability to draft reports or other written analyses in a working, academic, or study context.
¥ students will be able to formulate autonomous critical assessments of UE economic policies and its consequences from the economic performance of member States and third parties:
¥ communication skills will be developed by stimulating students to use the technical jargon and economically-founded discussion concerning the economics and policy of the EU, with the goal of preparing them to defend their views in public debates or in a job environment;
¥ in terms of learning skills, students will manage to approach divulgative and specialistic readings about economic aspects of the EU and more generally economic integration, showing their ability to independently search and select documents and data.
Basic knowledge of microeconomics, macroeconomics and economic policy.
. Multilateralism and regionalism in the international context
- Economic foundations and multilateral institutions
- Types of agreements and regional integration
- The European Union
2. European Union policy-making
- EU institutions and the allocation of competences
- The EU budget: sources and uses
- The EIB and the problem of funding European policies
3. The economics and policy of the EU
- From free trade to the Single Market
- Monetary integration and fiscal policy
- The common agricultural policy and rural development
- Policies for economic and social cohesion
- From the Lisbon Strategy to Europe 2020
4. EU external relationships
- The EU enlargement: access criteria, support policies and candidate countries
- The European neighbourhood policy
-the crisis of public debts
During the course will be treated the Multilateralism and regionalism in the international context, Economic foundations and multilateral institutions, Types of agreements and regional integration, The European Union. Also the focus will be on the EU institutions, on the EU budget and the problem of funding European policies. Other important arguments will be the Monetary integration and fiscal policy; the common agricultural policy and rural development; the Policies for economic and social cohesion; the EU enlargement: access criteria, support policies and candidate countries; the crisis of public debts.
The course is structured in 48 hours of class, including 8 for exercises, following the above list of topics. Students’ attendance is strongly encouraged. Also during the course will be asked to students the preparation of a presentation of a particular argument discussed with the teacher. Exercise classes will also include the presentation of empirical evidence and case studies. Additional material will be distributed during the course and will be available by asking to the teacher.
Large part of the material will be furnished during the course and it consists of papers, and chapters of books. In any case for those who will not follow the course the main text of reference is :
The Economics of European integration,
BALDWIN RICHARD; WYPLOSZ CHARLES.
Students’ learning will be verified through a written exam, with open-ended questions, followed by an oral exam only for students passing the written exam. Students are expected to answer in great detail and depth to open questions and to adequately motivate their answers during the oral exam. Both the written and oral exams contribute to evaluate the knowledge, comprehension and communication skills, and specifically the students’ propensities to critical thinking.
The final mark is based on both the written and oral exam, which contribute equally.
Lectures are in Italian. However, the professor is fluent in English and is available to interact with students in English, also during the examination.