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Recht und Wirtschaft | Wirtschaft und Recht (gemäß SSO 2020)

The Economics of European Integration

Exam number: 5041

Semester: from 4th semester (Schwerpunktbildung)

Duration of the module: One semester

Form of the module (i.e. obligatory, elective etc.): Elective

Frequency of module offer: Each winter semester

Prerequisites: Fundamentals of Micro- and Macroeconomics. Basic studies (Grundlagenausbildung) should be completed.

Applicability of module for other study programmes:

Person responsible for module: Prof. Dr. Felix Weinhardt (until summer semester 2021: Prof. Dr. Daniel Becker)

Name of the professor: Prof. Dr. Felix Weinhardt (until summer semester 2021: Prof. Dr. Daniel Becker)

Language of teaching: English

ECTS-Credits (based on the workload): 6

Workload and its composition (self-study, contact time):
Contact time (lecture, tutorials, seminar etc.) 33,75 h; self-study: 146,25 h

Contact hours (per week in semester): 3

Methods and duration of examination:
Successful written exam (120 min) + assignment, see the course outline.

Emphasis of the grade for the final grade: Please check regulations of the study programme

Aim of the module (expected learning outcomes and competencies to be acquired):
Gain an insight into the Economics of European Integration. Learning to apply economic theory to real-world problems.

Contents of the module:
A course in the Economics of European Integration based on the textbook by Baldwin/Wyplosz. Preliminary list of topics:
- A short history and the present state of European Integration
- Essential microeconomic tools
- The essential economics of preferential liberalisation
- Market size and scale effects
- Growth effects and factor market integration
- Economic integration, labour markets and migration
- Essential macroeconomics tools
- The choice of an exchange rate regime (and history) includes impossible trinity
- Optimum Currency Areas
- The Common Agricultural Policy
- Location effects, economic geography and regional policy
- The European Monetary System and the European monetary union
- Fiscal policy and the Stability Pact
- The Financial Markets and the Euro

Teaching and learning methods:
Lecture and tutorial, self-studies, assignments

Literature (compulsory reading, recommended literature):
Baldwin, Richard E. / Wyplosz, Charles: The Economics of European Integration (latest edition).
A more detailed reading list will be distributed via Moodle.

Further information:
Registration in Moodle Viadrina required.