Economics of the EU

(2.5-3 Credit Hours) · Undergraduate

The European Union (EU) as we know it has been formed by three creative processes - deepening of the integration, enlargement of the EU, and economic transformation in former socialist countries. In this course, after introducing those processes and some theoretical background, different EU economic policies will be thoroughly analyzed. Considering that the participants are American undergraduates, this course will systematically compare and contrast the EU and its role in the world with the USA. Preliminary knowledge of principles of microeconomics is strongly recommended, but all necessary theoretical concepts are briefly summarized as part of this course.