Saint-Louis University - Bruxelles
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ECGE1317 - European economics



Credits : 5

Lecturer :
Mode of delivery :
Face-to-face , second term, 30 hours of theory.

Timetable :
Second term
Wednesday from 15:15 to 17:15 at 43 Botanique 5
Wednesday from 15:15 to 17:15 at 43 Botanique 5
Wednesday from 15:15 to 17:15 at 43 Botanique 5

Language of instruction :
English

Learning outcomes :
This course aims to enable students to acquire the analytical, historical and institutional knowledge required to grasp the major economic issues facing the stakeholders of the European economic area as well as the developments in the economic policies pursued by the European institutions.

Prerequisites :
For the Bachelor in Law :

For the Bachelor in History :

For the Bachelor in Business Engineering :

For the Bachelor in French and Romance Languages and Letters : General :

For the Bachelor in Philosophy :

For the Bachelor in Economics and Management :


Co-requisites :
None

Course contents :
1. The major stages of the construction of European and the dynamics of European integration from 1945 to the present day.

1.1. Analysis of the dynamics of European integration
1.2. Projects of European integration before the ECSC and the EEC
1.3. The ECSC and the Treaty of Rome
1.4. The national champions and the Intra-community trade barriers
1.5. The globalisation of the economy and the acceleration of the 80s (Delors White Paper, Single European Market of 1993)
1.6. The major stages of monetary integration (from the Werner Report to the Euro)
1.7. Consequences of the single European market
1.8. From the strategy of Lisbon to Europe 2020

2. Introduction to European economic policies

2.1. Regional policy and enlargement
Objectives and instruments of the regional policy
Widening towards the CEECs and the transition towards the market economy
Factors at the origin of the 2004 enlargement
Consequences of enlargement

2.2. Introduction to European monetary policy:
Theoretical foundations of monetary policy, the process of European monetary integration, functioning of the ECB, stability pact, exchange policy.
Or

2.3. Trade policy of the European Union
The institutional framework of the multilateral system relative to international trade, from GATT to the “Doha Development Agenda”
The European Union as a trading power
Offensive and defensive interests of the European Union
Instruments of trade policy
Strategies of the European Union's trade policies and its main trade partners

Planned learning activities and teaching methods :
Lecture

Assessment methods and criteria :
Written examination: multiple-choice questions

Recommended or required reading :
General reference works

ARTIS, Mike & NIXSON, Frederick: « The Economics of the European Union: Policy and Analysis », Oxford University Press, 2007.
BALDWIN, Richard & WYPLOSZ, Charles : « The economics of European Integration », 3rd edition, McGrawHill, 2009.
DEFRAIGNE, Jean-Christophe: “From national champions to European champions? The US competition and the evolution of industrial policy in Europe from the Treaty of Rome to the Lisbon Strategy in « Which industrial and social policy models for 21st century Europe? Quels modèles de politique industrielle et de politique sociale pour l'Europe du 21ème siècle ?», sous la direction de Jean-Christophe Defraigne et Virginie de Moriamé, Academia-Bruylant, Louvain-la-neuve, 2008, pp 63-97.
EL AGRAA, Ali. M : « The European Union : Economics and Policies », 9th edition, Pearson Education, 2011.
PELKMANS, Jacques : « European Integration : Methods and Economic Analysis», 3rd edition, Pearson Education, 2006.

Other information :
Presentation of the detailed course outline on a video projector.
Possiblility to download the detailed course outline.
Reference works (see bibliography above).