KAFP 4030 - Economics of European Integration

The course aims to familiarize students with the economic governance of the European Union

and the challenges faced by its member states. It begins with a first block of classes dedicated

to bringing all students up to speed in economics, ensuring a common foundation for the rest

of the course.

Francesco Saraceno covers the historical developments that have led to the current institutional

architecture, with a focus on the EU's macroeconomic governance, including the Stability and

Growth Pact and the role of the European Central Bank.

Matteo Cavallaro addresses the microeconomic aspects of economic integration, including the

European budget, competition policy, and trade.

No prerequisites. Classes 1 to 4 will provide students with all the prior economics

knowledge needed to understand the rest of the course.

Lectures combining structured teaching with around 15–20 minutes of open discussion

with students in each class. Sessions may also include short case studies and the

collective analysis of the assigned readings.

The evaluation will consist of a midterm multiple choice exam (40%) and of a final open

questions exam 60%

Students will be expected to prepare approximately two readings for each class.