Economics BA (B), European Economic Integration, 7.5 credits

Aim

To ensure students can apply economic concepts to the analysis of a range of economic policy problems, with specific emphasis on economic integration issues. To give the students an economic understanding of the process of European integration.

Course objectives

By the end of this course, students should:

-Describe benefits and costs of monetary unions from a macroeconomic perspective as well as other relevant perspectives
-Understand the impact of economic integration on trade patterns, the location of economic activity.
-Understand the effects of monetary integration, including Monetary Union, and its impact on the ability of governments to conduct independent fiscal and monetary policy.
-Find macroeconomic data
-Use data to analyse economic development using the models presented in the course.

After taking the course the student should have:
-A deeper knowledge about monetary economic integration
-A deeper understanding of the development of the European economy over time

Content

This course offers an extensive economic analysis of the monetary union, the euro, the monetary and fiscal policy in the eurozone. In the first part of the course considers the implications of joining a monetary union through discussion based on an economic cost-benefit analysis. The second part emphasizes the macroeconomic perspective and the reality of monetary unions by analyzing Europe's experiences, such as the design of the European Monetary Union (EMU) and the European Central Bank (ECB) to conduct a single monetary policy. Stabilization policy as well as more long-term structural effects and real economic growth in a monetary union are studied.

Entry requirements

Economics basic level (A)

Selection rules and procedures

The selection process is in accordance with the Higher Education Ordinance and the local order of admission.

Teaching form

Lectures and seminars.

Examination form

2010: Exam - Assignment Report, 2.5 Credits
Grade scale: Seven-grade scale, A-F o Fx

2011: Home exam, 5 Credits
Grade scale: Seven-grade scale, A-F o Fx

The examination will be a home exam at the end of the respective course. The examination can be accompanied, or replaced, by exercises.



The examiner has the right to offer alternative examination arrangements to students who have been granted the right to special support by Mid Sweden University’s disabilities adviser.



Grading system: www.miun.se/betygskriterier

Grading system

Seven-grade scale, A-F o Fx