EURA339-21SU1 (D) Summer Jan 2021 start (Distance)

The Economics of European Integration

15 points

Details:
Start Date: Monday, 11 January 2021
End Date: Sunday, 14 February 2021
Withdrawal Dates
Last Day to withdraw from this course:
  • Without financial penalty (full fee refund): Sunday, 17 January 2021
  • Without academic penalty (including no fee refund): Friday, 29 January 2021

Description

Since the Treaty of Rome in 1957, the European Union (EU) has grown from a small customs union with six member states to become the largest integrated market in the world, with 28 members, more than 500 million citizens and a combined gross domestic product larger than that of the United States. This course provides an economic analysis of the processes and policies, which have driven Europe's economic and political integration, exploring the implications of a single market in which goods and services, labour and capital can move freely.

This course provides economic analysis on the process and policies of European integration, the synergy of economic integration and social harmonization in Europe, EU’s economic relations with external entities such as New Zealand, the United Kingdom, China and the United States, and EU’s concept on the WTO reform.
Since the Treaty of Rome in 1957, the European Union (EU) has grown from a small customs union with six member states to the largest and most successfully integrated economic entity in the world, with 27 members, more than 500 million citizens and a combined gross domestic product close to that of the United States. By deepening, integration and harmonization has gradually upgraded from first pillar (community) towards second (Common Foreign and Security Policy) and third pillar (Judicial and Internal Affairs Cooperation).  European economic integration concentrating in the community pillar is the most fruitful field of the European integration, from European Coal and Steel Community (ECSC) to the European Economic Community (EEC), Custom Union, Single Market and to the Economic and Monetary Union (EMU), while implementing series of common policies such as Common Agricultural Policy (CAP), Common Competition Policy, trade policy as well as reginal policy etc. At the same time it has been facing significant challenges like globalisation and again, the sovereign debt crisis and the recent Brexit influencing the EU greatly both in economy and in politics.

In addition to that, this course highlights the topical issues of the European Union, including Brexit, trade between the EU and the NZ, and the EU’s concept on the WTO reform by addressing at its root and giving detailed analysis from the economic perspective. To be specific, this course analyses Brexit Trade Talks and the possible types of post-Brexit UK-EU economic relations with the focus on important concepts such as passporting rights and regulatory equivalence. It also offers analysis on the short-term and long-term effects of Brexit on the economy of UK and the EU respectively and looks into the future changes. It discusses the economic relation between the EU and the NZ with the focus on the main bargaining issues in FTA negotiation and the possible economic impact. Furthermore, it examines main challenges currently facing the WTO and the EU views and proposals of the WTO reform. The economic relation between China and EU during the Trump period are also discussed in depth, together with the BIT (CAI) negotiations.

This course provides an economic analysis of the process and policies, which have driven Europe's economic and political integration, and explores the implications of integration. It also addresses new EU topics, including QE, Multi-speed Europe.

Learning Outcomes

As a student in this course you will be able to:
 Acquire knowledge of the history of European economic integration since early 1950s.
 Analyse the economic effects of main EU integration policies.
 Understand the mechanism of internal market integration, especially in the aspect of monetary integration, and explore the causes of sovereign debt crisis, evaluate effects of rescue policies.
 Comprehend the economic diplomacy of EU, be equipped with knowledge of popular economic negotiations and analyse its economic relations with main partners.
 Reflect on the interactive relation of economic integration and social harmonization, and critically evaluate the outcomes of Europe integration concerning challenges.

University Graduate Attributes

This course will provide students with an opportunity to develop the Graduate Attributes specified below:

Globally aware

Students will comprehend the influence of global conditions on their discipline and will be competent in engaging with global and multi-cultural contexts.

Pre-requisites

Any 30 points at 200 level from ECON or
EURA, or
any 60 points at 200 level from the Schedule V of the BA.

Restrictions

EURO 339, ECON339.

Equivalent Courses

Recommended Preparation

ENGL117 or an essay-based course.

Timetable 2021

Students must attend one activity from each section.

Lecture A
Activity Day Time Location Weeks
01 Tuesday 15:00 - 17:00 Rehua 101 Lectorial
11 Jan - 7 Feb
Lecture B
Activity Day Time Location Weeks
01 Wednesday 15:00 - 17:00 Rehua 101 Lectorial
11 Jan - 14 Feb
Lecture C
Activity Day Time Location Weeks
01 Thursday 15:00 - 17:00 Rehua 101 Lectorial
11 Jan - 7 Feb
Tutorial A
Activity Day Time Location Weeks
01 Tuesday 17:00 - 18:00 Rehua 101 Lectorial
11 Jan - 7 Feb
Tutorial B
Activity Day Time Location Weeks
01 Wednesday 17:00 - 18:00 Rehua 101 Lectorial
11 Jan - 14 Feb
Tutorial C
Activity Day Time Location Weeks
01 Thursday 17:00 - 18:00 Rehua 101 Lectorial
11 Jan - 7 Feb

Examination and Formal Tests

Test
Activity Day Time Location Weeks
01 Thursday 17:00 - 19:00 Online Delivery [001]
8 Feb - 14 Feb

Course Coordinator

Martin Holland

Guest Lecturer

Professor Chun Ding

Tutor

Xiwen Wang

Assessment

Assessment Due Date Percentage  Description
Essay 29 Jan 2021 35% 3,000 words
Exam 11 Feb 2021 40%
Class attendance and participation in discussion 15%
Occasional homework 10%

Textbooks / Resources

Required Texts

Miroslav N. Jovanovic; The economics of European integration; Edward Elgar publishing Inc, 2013.

Pelkmans, J; European integration: methods and economic analysis; 3rd Edition; Pearson, 2006.

Additional readings will be provided as electronic files on Learn.

Other material, which may be helpful, can be found in the Library Subject Guides

Indicative Fees

Domestic fee $785.00

International fee $3,500.00

* Fees include New Zealand GST and do not include any programme level discount or additional course related expenses.

For further information see Language, Social and Political Sciences.

All EURA339 Occurrences

  • EURA339-21SU1 (C) Summer Jan 2021 start
  • EURA339-21SU1 (D) Summer Jan 2021 start (Distance)