6 ECTS credits
151 h study time
Offer 1 with catalog number 1021609BNR for all students in the 1st semester
at
a (B) Bachelor - advanced level.
- Semester
- 1st semester
- Enrollment based on exam contract
- Impossible
- Grading method
- Grading (scale from 0 to 20)
- Can retake in second session
- Yes
- Enrollment Requirements
- Students who want to enroll for this course, must have obtained at least 30 ECTS-credits on bachelor level and have passed the following courses: Introduction to Microeconomics and Introduction to Macroeconomics
- Taught in
- English
- Faculty
- Faculty of Social Sciences & SolvayBusinessSchool
- Department
- Applied economics
- Educational team
- Indra Vonck
(course titular)
- Activities and contact hours
-
26 contact hours Lecture
125 contact hours Independent or External Form of Study
- Course Content
This course examines European integration from an economic perspective, with emphasis on both microeconomics and macroeconomics.
The course builds upon basic economic concepts and focuses in detail on the role and evolution that macro- and microeconomic structures and theories have played in providing the EU with its past and current market architecture. It also does so by examining a variety of key EU policies: competition, agricultural, regional, monetary and fiscal policy.
Finally, the course offers a thorough analysis of the Eurozone crisis by looking at the effects of the global recession on the fundamentals of the European economy. Various course topics will be illustrated with press releases on the latest news or interesting scientific articles.
- Course material
- Handbook (Required) : The Economics of European Integration, Baldwin, Richard, and Wyplosz, Charles, 6de, McGrawHill, 9781526847218, 2019
- Additional info
Not applicable.
- Learning Outcomes
-
General Competences
The emphasis of this course is on the economics of the European Integration process. By the end of the semester and with regard to the concepts of essential economics of preferential liberalisation, market size and scale effects, growth effects, factor market integration, labour market integration, common agricultural policy, competition policy, macroeconomic tools, essential facts of monetary integration, European Monetary Union, optimum currency areas, the Eurozone in crisis and guest lecture topics (if applicable), students should be able to:
- explain the basic facts, theories and policies that are necessary to understand the process of economic integration;
- draw, explain and interpret the most important graphs that are necessary to understand the process of economic integration;
- evaluate price and quantity effects of certain changes in the integration process as well as the ensuing welfare effects;
- explain and interpret effects, problems and challenges of European economic integration;
- think critically and analytically about European integration related themes;
- to analyse and present in a structured way their analysis on aspects of European economic integration and policy-making;
- actively participate in debates and reflect on European integration related themes.
- Grading
-
The final grade is composed based on the following categories:
Written Exam determines 100% of the final mark.
Within the Written Exam category, the following assignments need to be completed:
- Written Exam
with a relative weight of 100
which comprises 100% of the final mark.
- Additional info regarding evaluation
Not applicable.
- Allowed unsatisfactory mark
- The supplementary Teaching and Examination Regulations of your faculty stipulate whether an allowed unsatisfactory mark for this programme unit is permitted.
Academic context
This offer is part of the following study plans:
Bachelor of Business Economics: International Business