ECO 407 - European Economy (Economie Européenne)

Term: Summer A:  June 6th – July 2nd 2016 / Summer B: July 4th – July 30th 2016 
(Application before may 20th 2016)
Professor: According to the latest Update
Total Contact Hours: 50 hours  

Course Description

The aim of this course is to equip students with a critical understanding of the major issues facing the European economy. The course provides a blend of descriptive information, theory and empirical analysis. The emphasis is on economic issues but these issues are studied in their political, institutional, and historical context. Theoretical analysis forms an essential part of the course and requires knowledge of intermediate micro- and macroeconomics.

Grading

  • Participation : 20 %
  • Midterm : 40 %
  • Final Exam : 40%
  • Total : 100 %

European Economy - ECTS

Exams

One midterm exam and one final are schedule for the semester. The final exam is cumulative. Exams could be a combination of multiple-choices, true-false, matching, ordering, fill-in-the-blank, and short answer. 

Course Schedule

The course has 25 class sessions in total. All sessions are 2 hours in length.

  • Class 1 • Class 2: Historical evolution of the European Union. 
  • Class 3  • Class 4:  Law, Institution, Budget.
  • Class 5  •Class 6: Decision making: Fiscal Federalism, Distribution of power and Legitimacy.
  • Class 7 • to • Class 10:  Economic Growth, Facts and explanation. Location effects, economic geography and regional policy. 

Mid Term Exam

  • Class 11 to • Class 16 : Customs Union : the microeconomics of preferential liberalization : The EU Trade policy : Theory & practice, policy making, multilateralism vs bilateralism, policy coherence
  • Class 17 to • Class 20 : The Macroeconomics of monetary integration – European Exchange rate History
  • Class 20 to • Class 22 : European Monetary Union
  • Class 22 to • Class 23 : Fiscal Policy in EMU
  • Class 23 to • Class 25 : EMU and Financial Markets