Economy of the EU


Economy of the EU

The aim:
1. Student acquires basic knowledge in the field of international economic integration.
2. Student assesses the current state of European integration and explains the course of this process in various member states.
3. Student is able to indicate what conditions must be met by an economic entity operating in the single internal market.

Acquired knowledge:
1. Student learns about the forms of international economic integration.
2. Student learns the dominant theories of economic integration.
3. Student learns about the integration process within the European economic communities and the EU.

Acquired skills:
1. Student assesses the state of construction of the single internal market.
2. Student assesses the possibilities of creating an economic and monetary union in all EU countries.
3. Student compares the state of the economies of EU member states.

Acquired social skills:
1. Student is able to indicate what requirements products and services should meet in the single internal market.
2. Student is able to explain what procedures products and services are subject to in the single internal market.
3. Student is able to determine what funds a farmer in the EU countries can benefit from under the common agricultural policy.

Course contents
1. The concept and forms of international economic integration.
2. Benefits and costs of international integration.
3. Trade effects of the customs union and the free trade area.
4. Principles of the Single European Market. Harmonization of tax systems and public procurement.
5. Free movement of production factors (labor, capital, services).
6. Monetary integration. Optimal currency area theory. Criteria for Convergence, Stability and Growth
7. Selected policies – common commercial policy, common agricultural policy, regional policy.

Recommended reading: 
1. Ekonomika integracji europejskiej. Teoria, praktyka polityka, W.Molle, . Gdańsk 2000.
2. Jednolity rynek europejski, J.Kundera, . Kraków 2003.

Additional reading: 
1. Integracja europejska-narodziny i rozwój idei, F.Machlup, . Warszawa 1986.
2. Integracja europejska, J.Barcz, . Warszawa 2007.
3. The Crisis in the euro area, J.Kundera, . Warszawa 2017.

Projekt "Zintegrowany Program Rozwoju Uniwersytetu Wrocławskiego 2018-2022" współfinansowany ze środków Unii Europejskiej z Europejskiego Funduszu Społecznego

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