DECO 25A31 - Economics of the European Union

The course analyses the functioning of EU economic integration, with special focus the Euro zone. It emphasizes the ways in which the European Single Market for goods, services and capital impinges on the ability of national governments and European institutions to conduct economic policies. The implications of monetary union for the functioning of member states' economies and domestic policies are analyzed with the help of macroeconomic tools. The various aspects of economic governance of the European monetary union are studied within the framework of modern political economy. And structural aspects of the European integration (external economic relations and the role of the EU in globalization, banking and financial regulation, the economic implications of population aging, the transition to a low-carbon economic growth path) will also be dealt with by mobilizing the most recent analyses. The course selects a number of issues that appear salient in current debates about the EU, its relationship with the rest of the world, and its future. It mobilizes the economist's analytical tool box to shed light on policy decision-making and pending issues.

Jacques LE CACHEUX

Séminaire

English

Some knowledge of economics is necessary for a fruitful semester. No maths, no technicalities, though.

Spring 2021-2022

Oral presentation (Group) 1/4 (25%). Quiz 1/4 (25%) Individual final essay (about 2000 words) 1/2 (50%)