European Economic Policies - JEM012

• Title: European Economic Policies
• Guaranteed by: Institute of Economic Studies (23-IES)
• Faculty: Faculty of Social Sciences
• Actual: from 2009 to 2011
• Semester: summer
• E-Credits: 6
• Examination process: summer s.:
• Hours per week, examination: summer s.:2/2, Ex [HT]
• Capacity: unlimited / unlimited (unknown)
• Min. number of students: unlimited
• 4EU+: no
• Virtual mobility / capacity: no
• State of the course: taught
• Language: English
• Teaching methods: full-time
• Additional information: http://ies.fsv.cuni.cz/index.php?module=sylab&action=sylab&id_sylab=54&lng=en_GB
• Note: course can be enrolled in outside the study plan; enabled for web enrollment
• Guarantor: prof. Mgr. Kateřina Šmídková, M.A., Ph.D.; PhDr. Petr Hedbávný; PhDr. Mgr. Ondřej Glazar
• Teacher(s): PhDr. Mgr. Ondřej Glazar; PhDr. Petr Hedbávný; prof. Mgr. Kateřina Šmídková, M.A., Ph.D.
• Class: Courses for incoming students

Annotation

English

This course covers all major aspects of the economic policy-making in the European Union. The course will explore main issues connected to the fiscal, monetary, financial and competitive policies within the wide European economy. We will focus on relevance of individual policies, on the political and economic impetuses for various policies and their institutional set-ups. Special attention will be given to the political economy aspects of the European policy-making and to the impact of the accession countries on the EU-wide economic policy and the decision making within the enlarged union.

Last update: Šmídková Kateřina, prof. Mgr., M.A., Ph.D. (19.03.2013)

Literature

English

There are various recourses from which you can study the subject:

·   Lecture notes: As there is no single textbook available to cover all issues, lecture notes are rather detailed to give you the most support possible when studying the subject. In annexes, complementary reading, selected models or terminology is attached to lecture notes. You can also quite easily google most of the concepts quoted in the lecture notes (in some cases, relevant websites are even quoted directly in lecture notes). Lecture notes are being gradually posted on website.

·   Background textbook: For those who need to revive the basics about the EU policies there is the background textbook available in the IES library. Search for Richard Baldwin, Charles Wyplosz: The Economics of European Integration, McGraw Hill, 4th edition, 2012.

·   Additional lecture readings (voluntary): A few papers will be suggested by presenter

• Emerging market economies and European economic integration / edited by R. Scott Hacker, Börje Johansson, Charlie Karlsson. - Cheltenham: Edward Elgar Publishing, 2004 - xiii, 328 s. ISBN 1-84376-679-5
• European economic integration: edited by Frank McDonald, Stephen Dearden. - 4th ed.. - Harlow: Financial Times/Prentice Hall, 2005- xxi, 412 s. ISBN 0-273-67908-2978-0-273-67908-0
• Macroeconomics : a European text [6th ed.] / Michael Burda and Charles Wyplosz. - 6th ed.. - Oxford : Oxford University Press, 2013 - xxi, 573 s. ISBN 978-0-19-960864-5
• Monetary and exchange rate policies, EMU and Central and Eastern Europe / authors David Begg, László Halpern, Charles Wyplosz ; editors Lorand Ambrus-Lakatos, Mark E. Schaffer. - New York (NY) : EastWest Institute, 1999 - xiv, 108 s. ISBN 1-898128-41-3
• The economics of European integration: theory, practice, policy / Willem Molle. - 5th ed.. - Aldershot : Ashgate, 2006 - xiv, 446 s. ISBN 0-7546-4812-5978-0-7546-4812-5

·   Important websites: For your essays and presentations (and to get additional insight), the following websites are worth checking:

• European Parliament http://www.europarl.europa.eu
• European Commission http://europa.eu
• European Central Bank http://www.ecb.int
• Eurostat http://epp.eurostat.ec.europa.eu
• Economist http://www.economist.com
• Financial times http://www.ft.com
• CEPR http://www.cepr.org .

Last update: Sivá Soňa, Mgr. (23.03.2023)

Czech

Richard Baldwin, Charles Wyplosz: The Economics of European Integration, McGraw Hill, 2004.

Paul de Grauwe: Economics of Monetary Union, 6th Edition, Oxford University Press, 2005

Ali M. El-Agra: The European Union, 6 ed., Prentice Hall, 2001

Sylvester C.W.Eijffinger and Jakob de Hahn: European Monetary and Fiscal Policy, Oxford University Press, 2000. (EIJ)

Economic Policy -- EMU Assessment, Issue of the Economic Policy, October 2003. (EP)

Marco Buti, Jurgen von Hagen and Carlos M.Mongay: The Behaviour of Fiscal Authorities, Pelgrave MacMillan, 2002. (BUTI)

Last update: Šmídková Kateřina, prof. Mgr., M.A., Ph.D. (19.03.2013)

Requirements to the exam

This is an advanced policy course and therefore it has several prerequisites.

First, you will need the ability to work with (and think critically of ) various resources (lectures, seminar readings, complementary reading list, background textbook, various websites) as there is no single textbook available to cover all issues  that would be up-to-date, given how fast various European reforms proceed in recent years.

Second, you will need knowledge corresponding to the content of the course "European Economic Integration" (JEB026).

There is only the final exam on May/June.

Grading

A: 90+ to 100 

B: 80+ to 90 

C: 70+ to 80 

D: 60+ to 70 

E: 50+ to 60 

F: 50 or less

Last update: Komárek Luboš, prof. Ing. et Ing., M.Sc., MBA, Ph.D. (17.01.2020)

Syllabus

English

1. Introduction: The Theory of Economic Integration, Microeconomics

2. Growth Effects of the European Integration, Macroeconomics

3. Political Economy of European Integration

4. Fiscal Policy in an Integrating Europe

A.Stability and Growth Pact

B. European Union Budget, Agenda 2000

C. European Fiscal and Tax Policies: Co-ordination

5. Monetary Policy of an Integrated Europe

6. EMU, Labour Markets and Social Security Systems

7. Common Agriculture Policy (Laurent Weill)

8. Regional Policy

Last update: Šmídková Kateřina, prof. Mgr., M.A., Ph.D. (19.03.2013)

Entry requirements

 

Last update: Komárek Luboš, prof. Ing. et Ing., M.Sc., MBA, Ph.D. (17.01.2020)