ECTS - University of Pisa
The course will deliver a short history of the process of European integration and some basic elements on the institutions of the European Union. Students will learn about theories and current issues in Economic and Monetary Union, the European labour market and the European regional policies.
Written exams after the end of the course.
The student will be able to interpret the European economic trends.
Two assignments during the course plus a final test.
Students should be familiar to basic concepts of microeconomics and macroeconomics.
Frontal lectures and seminars.
Part 1. Introducing the European Union
- History of the EU
- EU main institutions
Part 2. Labor market and welfare
- European Labour market
- European Social Welfare
- Education in Europe
Part 3. Microeconomic analysis and microeconomic policies
- Tariff Analysis (Chapter 4)
- Preferential Trade Liberalization (Chapter 5)
- Market size and Scale Effects (Chapter 6)
- The Common Agricultural Policy (Chapter 9)
Part 4. Economic growth, regional cohesion and fiscal policy
- Economic growth and factor integration (Chapter 7)
- Location, Economic Geography and Cohesion Policy (Chapter 10)
- Fiscal Policy, Stability and Inequality (Chapter 17)
- The Eurozone in Crisis (Chapter 18)
Part 5. The monetary and financial integration process
- The path towards the European Monetary Union
- Monetary policy in the Euro area
- Banking and financial markets in the Euro area
Baldiwin and Wyplosz, “The Economics of European Integration”.
Lectures notes and slides provided by the lecturers.
Two assignments during the course plus a final test.
