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.
Poslední úprava: Bednařík Petr, PhDr., Ph.D. (15.02.2020)
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.
Poslední úprava: Martišková Monika, Ing., Ph.D. (13.02.2014)
Cíl předmětu
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 (presentation) as well as written (short essay) 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.
Poslední úprava: Sivá Soňa, Mgr. (23.03.2023)
Literatura -
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:
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:
The exam will take the form of an open-book essay. You will receive a list of topics from which you will pick one and will be required to write a well-structured essay. You will be expected to present your position on the topic and to support it with sound and solid arguments, ideally evidence-based and properly cited. You will have almost 5 days to work on the essay, so the expected standard is high. You will be provided with instruction on essay writing together with timing and deadline during the 10th week of the course.
You will be allowed to use whatever resources you'd desire (course material, books, peer-reviewed articles). Good knowledge of the course materials will be necessary, though not sufficient. A good essay will require a little research outside the scope of this course.
The aim is to make you apply the concepts taught in lectures on real-world problems (and it will also save you lots of cramming).
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
Poslední úprava: Sivá Soňa, Mgr. (23.03.2023)
The exam will take the form of an open-book essay. You will receive a list of topics from which you will pick one and will be required to write a well-structured essay. You will be expected to present your position on the topic and to support it with sound and solid arguments, ideally evidence-based and properly cited. You will have almost 5 days to work on the essay, so the expected standard is high. You will be provided with instruction on essay writing together with timing and deadline during the 10th week of the course.
You will be allowed to use whatever resources you'd desire (course material, books, peer-reviewed articles). Good knowledge of the course materials will be necessary, though not sufficient. A good essay will require a little research outside the scope of this course.
The aim is to make you apply the concepts taught in lectures on real-world problems (and it will also save you lots of cramming).
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
Poslední úprava: Sivá Soňa, Mgr. (23.03.2023)
Sylabus -
Lecture 1 Introduction to EEP
Economic Alignment Among Euro Area Countries
Lecture 2 European Labour Market
Lecture 3 European Monetary Policy
Lecture 4 Equilibrium Exchange Rate against EUR
Lecture 5 EU Financial Integration
Lecture 6 European Fiscal Policies
Lecture 7 European Macroprudential Policies
Lecture 8 European Regional Policy
Lecture 9 EU Economic Policy Challenges
Lecture 10 Way(s) towards the Euro
Lecture 11 Common Agricultural Policy
Lecture 12 Competition and the EU Banking
Lecture 13 Guest Lecture / Pre-exam
Poslední úprava: Sivá Soňa, Mgr. (21.02.2024)
Lecture 1 Introduction to EEP
Development of economic alignment among euro area countries
Lecture 2 EU Financial Integration
Lecture 3 European Monetary Policy
Lecture 4 Equilibrium Exchange Rate against EUR
Lecture 5 European Labour Market
Lecture 6 European Fiscal Policies
Lecture 7 European Fiscal Framework
Lecture 8 European Macroprudential Policies
Lecture 9 EU economic policy challenges
Lecture 10 Way(s) towards the Euro
Lecture 11 Common Agricultural Policy
Lecture 12 Competition and the EU Banking
Lecture 13 Guest Lecture / Pre-exam
Poslední úprava: Sivá Soňa, Mgr. (23.03.2023)
Vstupní požadavky -
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).
Poslední úprava: Sivá Soňa, Mgr. (23.03.2023)
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).
