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Advanced Economics of European Integration - Microeconomic Aspects - JEM081
Anglický název: Advanced Economics of European Integration - Microeconomic Aspects
Zajišťuje: Institut ekonomických studií (23-IES)
Fakulta: Fakulta sociálních věd
Platnost: od 2014
Semestr: zimní
Body: 6
E-Kredity: 6
Způsob provedení zkoušky: zimní s.:
Rozsah, examinace: zimní s.:2/2 Zk [hodiny/týden]
Počet míst: neurčen / neurčen (neurčen)
Minimální obsazenost: neomezen
Stav předmětu: zrušen
Jazyk výuky: angličtina
Způsob výuky: prezenční
Další informace: http://AEEI Case study 1
Poznámka: předmět je možno zapsat mimo plán
povolen pro zápis po webu
při zápisu přednost, je-li ve stud. plánu
Garant: PhDr. Wadim Strielkowski, M.Sc., Ph.D.
prof. RNDr. František Turnovec, CSc.
Anotace -
Poslední úprava: PhDr. Wadim Strielkowski, M.Sc., Ph.D. (15.11.2011)

"Advanced Economics of European Integration - Microeconomic Aspects" is a Jean Monnet permanent course developed with the support the European Commissions's Jean Monnet Programme. The course focuses on economic theory, methods and outcomes of integration between a group of countries (economies of national states). The course includes the following aspects: historical experience and future prospects of the European Union, welfare effects of trade and economic cooperation, partial and general trade equilibrium, economics of customs union, Common Market, monetary union, regulation and microeconomic policies in the European Union, and institutional economics of the European Union. The course's methodological background is based on general equilibrium theory, welfare economics, and public choice. The course is taught in English.

Literatura -
Poslední úprava: PhDr. Wadim Strielkowski, M.Sc., Ph.D. (29.09.2013)

There is no single textbook fully covering all topics of the course. Students can draw from various textbooks and sources.

MAIN SOURCES:

1) Baldwin, R. and Wyplosz, C.: The Economics of European Integration. McGraw-Hill Higher Education, 2003.

2) Turnovec, F., Strielkowski, W., et al.: Advanced Economics of European Integration: selected issues. Faculty of social sciences, Charles University in Prague, 2012.

3) Krugman, P. and Obstfeld, M.: International Economics: Theory and Policy. Pearson - Addison Weasley, 2006.

4) Molle, W.: The Economics of European Integration. Dartmouth Publ. Comp., Aldershot, 1996.

5) Pelkmans, J.: European Integration, Methods and Economic Analysis. Addison Wesley Longman Limited, New York, 1997.

6) Strielkowski, W.: Migration in the Czech Republic and Slovakia.Faculty of social sciences, Charles University in Prague, 2012.

7) Turnovec, F.: Political Economy of European Integration. Karolinum, Prague, 2003.

COMPLIMENTARY SOURCES:

De Grauwe, P.: The Economics of Monetary Integration. Oxford University Press, 1992, 1997.

Hansen, J. D. and U.M. Nielsen, An Economic Analysis of the EU, McGraw-Hill, 1997.

Jovanovich M.N., The Economics of European Integration. Edward Elgarm Cheltenham, UK, 2005.

Jovanovich, M.N., The Economics of International Integration. Edward Elgar, Cheltenham, UK, 2006.

Strielkowski, W., O’Donoghue, C., (2006), Ready to go? EU Enlargement and migration potential: lessons for the Czech Republic in the context of Irish migration experience. Prague Economic Papers, 1/2006, 2006.

Strielkowski, W. (2007), A living worth leaving? Economic incentives and labour flows: the case of Czechoslovak labour migration, Prague Economic Papers, 3/2007, 2007.

Strielkowski, W., Turnovec, F. (2008), Labor migration and welfare effects of free mobility of labour in the common market. In Mejstřík, M. et al. (2008), Social-economic models and policies to support active citizens: Czech Republic and Europe. Matfyz Press, Prague, 2008.

Strielkowski, W., Glazar, O. (2010), Turkey and the European Union: possible incidence of the EU accession on migration flows. Prague Economic Papers 3/2010, 2010.

Turnovec, F., Pechová, M., Soukeník, K. (2001), Modeling and Simulation of Decision Making Process in Extending European Union. CERGE-EI, Prague, 2001.

Svendsen, G. T.: The Political Economy of the European Union. Edward Elgar, Cheltenham, 2003.

Turnovec, F.: Institutional Economics of European Integration, Lecture notes, Central European University, Budapest 2010.

Journal of European Integration

European Journal of Political Economy

AUCO Czech Economic Review

Duff, A.: The Treaty of Amsterdam. Sweet and Maxwell, London, 1997.

Swann, D.: European Economic Integration. The Common Market, European Union and Beyond. Edward Elgar, 1996.

Other texts recommended during the lectures.

ADDITIONAL READING:

Journal of European Integration

European Journal of Political Economy

Romanian Journal of European Affairs

Prague Economic Papers

Avery, G. and F. Cameron: The Enlargement of the European Union. Sheffield Academic Press, 1998.

Dixit A.," "Games of monetary and fiscal interactions in the EMU." European Economic Review, 45(4-6), May 2001, 589-613.

Dixit A. and L. Lambertini, "Monetary-fiscal policy interactions and commitment versus discretion in a monetary union.", European Economic Review, 45(4-6), May 2001, 977-987.

Cooper R. and Hubert Kempf, "Commitment and the adoption of a common currency", International Economic Review, vol. 44, 2003, 119-142.

Courbis, R. and W. Welfe (eds.): Central and Eastern Europe on its Way to European Union, Simulation Studies Based on Macromodels. Peter Land, Frankfurt am Main, Berlin, 1999.

Feldman, A. M.: Welfare Economics and Social Choice Theory. Kluwer Academic Publishers, Boston 1989.

Gross, D.: Towards Economic and Monetary Union. Problems and Perspectives. CEPS, Brussels, 1996.

Hagen, J., Kumar, A. and E. Kawecka-Wyrzykowska: Coming to Terms with Accession. CEPR, EPI, London, 1996.

Molle, W.: The Economics of European Integration. Dartmouth Publ. Comp., Aldershot, 1996.

Kirchner, Emil J.: Decision Making in the European Community. Manchester University Press, 1993.

Swann, D.: European Economic Integration. The Common Market, European Union and Beyond. Edward Elgar, 1996.

Agenda 2000, For a Stronger and Wider Union. Bulleting of the European Union, Supplement 5/97, Brussels 1997.

Other texts will be recommended during the lectures

RECOMMENDED READING WILL BE AVAILABLE ON THE WEBPAGE OF THE COURSE (Reading packages).

Sylabus -
Poslední úprava: PhDr. Wadim Strielkowski, M.Sc., Ph.D. (12.12.2013)

FINAL EXAMS:

1) 17.12.2013 (room 105) 15:00-17:00

2) 7.1.2014 (room 206) 11:00-14:00

3) 14.1.2014 (room 206) 14:00-16:00

4) 21.1.2014 (room 206) 16:00-18:00

STRUCTURE OF THE COURSE AND GRADING

1. INTRODUCTION TO ECONOMICS OF INTEGRATION

2. ECONOMIC THEORY OF INTEGRATION FORMS, CUSTOMS UNION, COMMON MARKET AND MONETARY UNION

3. REDISTRIBUTION AND COMMON ECONOMIC POLICIES IN THE EU

4. INSTITUTIONAL ECONOMICS OF THE EUROPEAN INTEGRATION

Lecture 1 (September 30, 2013): Introduction to economics of integration - 1

BASIC CONCEPTS

  • Concepts of economic integration
  • Global and regional integration
  • Forms of economic integration: preferential tariff agreement, free trade area, customs union, single market, common market, economic union, economic and monetary, political union
  • Effects of economic integration, trade creation and trade diversion

Lecture 2 (October 1, 2013): Economic theory of integration forms - 2

WELFARE EFFECTS OF TRADE

  • Marshallian surplus. Consumers' surplus and producers' surplus.
  • Measuring welfare effects, a partial equilibrium approach. Welfare effects of free trade and of trade protection. Tariffs and quotas.
  • Multi-commodity markets. Closed equilibrium and welfare analysis on a multi-commodity market.

Lecture 3 (October 7, 2013): Economic theory of integration forms - 3

TRADITIONAL THEORY OF THE CUSTOMS UNION - A PARTIAL EQUILIBRIUM APPROACH

  • Viner's theory of customs union. Trade diversion and trade creation.
  • Partial equilibrium model: one commodity, customs union of a small country and a big country. Tariff reduction vs. customs union. One commodity, customs union of two small countries.
  • Welfare effects of customs union.

Lecture 4 (October 14, 2013): SEMINAR WILL BE HELD INSTEAD OF THE LECTURE.

Students are welcome to attend the workshop held at IES instead of the seminar on Tuesday, 15 October 2013: http://ies.fsv.cuni.cz/en/notes/9

Lecture 5 (October 29, 2013): Economic theory of integration forms - 4

NOTE: THE LECTURE WILL BE HELD ON TUESDAY, 29 October at 17:00 (5PM) before the seminar (room 206)!!!

THE THEORY OF COMMON MARKET - FREE MOBILITY OF PRODUCTION FACTORS

  • Common market and single market
  • Free mobility of non-labor production factors
  • Partial market and general equilibrium approach
  • Welfare effects of free mobility

Lecture 6 (October 29, 2013): Economic theory of integration forms - 5

THE THEORY OF COMMON MARKET - FREE MOBILITY OF LABOR

  • Free mobility of labor, neoclassical solution
  • Propensity to migration
  • Welfare effects of free mobility of labor
  • Migration in the EU

Lecture 7 (November 4, 2013): MIDTERM EXAM

Lecture 8 (November 11, 2013): GUEST LECTURE BY PROF. IBRAHIM SIRKECI (REGENT’S UNIVERSITY LONDON)

Conflict migration, Turkish migration in Germany and the EU and the perspectives of Turkish EU Accession

Lecture 9 (November 18, 2013): Redistribution and common economic policies - 1

BUDGET AND REGIONAL REDISTRIBUTION

  • Budgetary rules.
  • Budgetary revenues and expenditures.
  • Redistribution
  • Regional policies and political economy of regional redistribution
  • Measuring regional disparities

Lecture 10 (November 25, 2013): Environmental Policies of the EU - 1

  • EU and the environment
  • Emissions and sustainable development
  • Economic aspects of the environmental policies in the EU

Lecture 11 (December 2, 2013), Redistribution and common economic policies - 2

COMMON AGRICULTURAL POLICY

  • Why regulation of agricultural markets?
  • Income elasticity of demand for food.
  • Price elasticity of supply and demand for food and market adjustment.
  • Common agricultural policy and welfare effects of regulation.
  • Problems and reforms of CAP.

Lecture 12 (December 9, 2013), Institutional economics of European integration - 1

SYSTEM OF EUROPEAN INSTITUTIONS AND LEGISLATIVE PROCEDURES

  • European Union institutions, Commission, Council of Ministers, European Parliament.
  • Legislative procedures in the EU. Qualified majority, consultation procedure and co-decision procedure.
  • National and institutional influence in the EU.
  • Lisbon Treaty.

Lecture 12 (December 16, 2013), Institutional economics of European integration - 2

MEASURING INFLUENCE IN COMMITTEE SYSTEMS

  • Models of committee systems.
  • Measuring influence, voting power indices methodology.
  • Voting power of EU decision making actors: institutions, member states and European political parties in EU of 27.

  • --

TBC:

GUEST LECTURE BY MR. PETR NOVAK (EUROPEAN PARLIAMENT), DECISION-MAKING, INSTITUTIONAL PROCESSES, INSTITUTIONS AND INTEGRATIONM DYNAMISM OF THE EU INTEGRATION

 
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