Economics of European Integration

Ass. Prof. Jelena Vapa-Tankosić

Az új EU mesterképzés kidolgozása és megvalósítása az újvidéki Gazdaságtudományi és Mérnöki Menedzsment Tanszéken, Újvidék, 2011. november 28.

Priprema i akreditacija novog EU master studijskog programa na Fakultetu za ekonomiju i inženjerski menadžment, Novi Sad, 28. novembar 2011.

(HU-SRB/0901/221/170)

Aim of the course

• The aim of this course is to provide students with a comprehensive analysis of the economic rationale behind the European Economic Integration.

• The course will focus on economic theory of EU integration throughout its’ history, and some of the most important policies.

Aim of the course

• The current position of EU vis-à-vis the rest of the world is examined, as well as the impact of the emergence of EU as one of the major players in international economic relations .

• The analytical framework draws on economy concepts as well as those from the disciplines of economics, political science and international relations.

Course content• Part I: What is the EU? History of European Integration. Creating a

Single European Market. Institutions of the European Union. EU Institutions. Brief introduction to most important EU policies (Fiscal, Economic and Monetary, Trade, Common agricultural policy, Labour market integration).

• Part II: Economic and Monetary Integration. EMS and Common Currency. Monetary and Fiscal Policy in Currency Union (evolution from EMS to current), Financial Market Integration, Banking Markets, European Central Bank.

• Part III: Trade integration. Customs Union and External Trade Policies. The EU as an International Economic Actor (EU & WTO).

• Part IV: Enhancing productivity and growth (Lisbon Stategy, Europe 2020). Current measures: The crisis and the EU, Response of ECB, Future Prospects of the Euro.

Course outcome

• The students will be able to understand and apply the knowledge/skills gained to practical and current issues in European Integration.

• They will have a chance to apply what they have learned to understanding current challenges facing the EU & euro.

Reading materials

• Vapa-Tankosić J. (2011) Ekonomija evropskih integracija, Privredna akademija, Novi Sad.

• Jovanović M.(2006) Evropska ekonomska integracija, Ekonomski fakultet, Beograd.

• Baldwin R, Wyplosz C.(2009) The Economics of European Integration, 3rd ed.,London: McGraw Hill.‐

• Neal L .,Barbezat D.(1998) The Economics of the European Union and the Economies of Europe, New York: Oxford University Press.

• Paul de Grauwe (2004) Економија монетарне уније, Издавачка књижарница Зорана Стојановића, Сремски Карловци, Нови Сад.

This event has been produced with the financial assistance of the European Union. The content is the sole responsibility of Faculty of Economics and Engineering Management in Novi Sad and can under no circumstances be regarded as reflecting the position of the European Union and/or the Managing Authority.

THANK YOU!