European Economic Policies - JEM012

• Title: European Economic Policies
• Guaranteed by: Institute of Economic Studies (23-IES)
• Faculty: Faculty of Social Sciences
• Actual: from 2018 to 2021
• Semester: summer
• E-Credits: 5
• Examination process: summer s.:combined
• Hours per week, examination: summer s.:2/0, Ex [HT]
• Capacity: 185 / unknown (185)
• 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/cs/syllab/JEM012
• Note: course can be enrolled in outside the study plan; enabled for web enrollment; priority enrollment if the course is part of the study plan
• Guarantor: prof. Ing. et Ing. Luboš Komárek, M.Sc., MBA, Ph.D.
• Teacher(s): Olha Khymych, DiS., Ph.D.; prof. Ing. et Ing. Luboš Komárek, M.Sc., MBA, Ph.D.; Mgr. Bc. Vít Macháček, Ph.D.
• Class: Courses for incoming students

Annotation

COURSE OBJECTIVE
The course covers major aspects of the economic policy-making in the European Union. It addresses general topics such as economic theories behind the European economic policies, political economy aspects of the European policy-making, and the current EU challenges. It also pays attention to the institutional set-ups and major challenges of the key European economic policies, namely monetary, fiscal, financial stability and - last but not least - agricultural policy. The impact of the important recent events such as financial crisis as consequences of enlargement is also explored. The course includes guest lectures by external speakers who are prominent experts on specific European policies.

Last update: Martišková Monika, Ing., Ph.D. (13.02.2014)

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

READING
Please read the English version

Last update: Bednařík Petr, PhDr., Ph.D. (15.02.2020)

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

Lecture 1         Introduction to EEP European Labour Market 

Lecture 2         Development of economic alignment among euro area countries

Lecture 3         European Monetary Policy     

Lecture 4         European Fiscal Policies        

Lecture 5         Guest Lecture / Equilibrium Exchange Rate against EUR        

Lecture 6         European Fiscal Framework   

Lecture 7         European Macroprudential Policies    

Lecture 8         EU economic policy challenges

Lecture 9         Soon to be detailed

Lecture 10       Common Agricultural Policy  

Lecture 11       Competition and the EU Banking       

Lecture 12       Way(s) towards the Euro        

Lecture 13       Soon to be detailed

 

Description
The course covers major aspects of the economic policy-making in the European Union. It addresses general topics such as economic theories behind the European economic policies, political economy aspects of the European policy-making, and the current EU challenges. It also pays attention to the institutional set-ups and major challenges of the key European economic policies, namely monetary, fiscal, financial stability and - last but not least - agricultural policy. The impact of the important recent events such as financial crisis as consequences of enlargement is also explored. The course includes guest lectures by external speakers who are prominent experts on specific European policies.

Objectives
The objective of the course is to improve your ability to understand the current European economic policies, to assess them independently and to present your views in both the oral as well as written form. These are all skills that are useful to many professions such as policy-makers, analysts in financial or international institutions, researchers, experts in public sector or journalists. These skills are especially important now in the post-crisis period, when many European economic policies change dramatically and when views on how they should be changed are diversed.

Prerequisites
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).
The final exam is schedualed to

Course requirements
Final exam: The final exam takes 60 min (+ 10 min extra reading time). There will be 3 exam dates. Take an ID card with you, pls.

Course materials
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.

Course materials
Additional lecture readings (voluntary): A few papers will be suggested by presenters.Background textbook:
o 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
o 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
o The economics of European integration: Richard Baldwin, Charles Wyplosz. - 4th ed.. - Maidenhead : McGraw-Hill, 2012 - xix, 560 s. ISBN 978-0-07-713172-20-07-713172-X
o 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
o 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
o 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

 

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

Entry requirements

 

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