The Economics of European Integration

Course Information
TitleThe Economics of European Integration / The Economics of European Integration
FacultySocial and Economic Sciences
SchoolPolitical Sciences
Cycle / Level2nd / Postgraduate
Teaching PeriodWinter/Spring
CoordinatorIoannis Papageorgiou
Course ID600022589

Programme of Study: International Studies: Specialization in European Studies

Registered students: 0
OrientationAttendance TypeSemesterYearECTS
KORMOSCompulsory Course329

Class Information
Academic Year2024 – 2025
Class PeriodWinter
Faculty Instructors
Weekly Hours3
Total Hours39
Class ID
Course Type 2021
Specific Foundation
Mode of Delivery
  • Face to face
Digital Course Content
The course is also offered to exchange programme students.
Language of Instruction
  • English (Instruction, Examination)
Learning Outcomes
Upon successful completion of this course, students will - have learnt th economic and institutional aspects of the European economic integration process. - be able to analyze EU policies, and become familiar with the EU fiscal and monetary framework. - be able to apply economic theories to interpret and discuss the economic developments in the region, the crisis of and the proposed solutions to the European economic governance framework.
General Competences
  • Apply knowledge in practice
  • Retrieve, analyse and synthesise data and information, with the use of necessary technologies
  • Work autonomously
  • Work in teams
  • Work in an international context
  • Work in an interdisciplinary team
  • Design and manage projects
  • Be critical and self-critical
  • Advance free, creative and causative thinking
Course Content (Syllabus)
This Course introduces students to the economics of European integration. The Course will cover the history of economic integration among the countries of the European Union (EU) and address, applying basic micro and macro-economic principles, the rationale of such evolution. This will encompass the discussion of stylized facts and some institutional background of the European Union. As regards the real economy, emphasis will be put on the creation of a customs union and a common market, and on the phenomenon of industrial agglomeration. The European Monetary System and the European Monetary Union will be at the core of the part devoted to the monetary integration in the EU. The Course will analyse the EU macro-economic policy, both fiscal and monetary, and its institutions. The Course will examine common agricultural and regional policies, competition policy and the operation of the European budget. The EU external trade policy and the Green Deal will be addressed, time permitting.
Educational Material Types
  • Notes
  • Slide presentations
  • Book
Course Organization
Reading Assigment973.5
Written assigments672.4
Student Assessment
The final mark will depend on the assessment of a written final exam (short and long open questions) and of an individual written assignment on an assigned topic. (Details and guidelines regarding the written assignment will be spelt out in the detailed syllabus). The weighting scheme is written final exam (65%), and an individual term paper (35%). Students will be assessed along various dimensions: understanding of economic concepts, in particular associated with European economic integration; ability to interpret tables, graphs and data; ability to address real-life economic issues by developing a consistent personal argumentation; ability to apply economic knowledge in the typically multidisciplinary context of the European studies.
Student Assessment methods
  • Written Exam with Short Answer Questions (Formative, Summative)
  • Written Exam with Extended Answer Questions (Formative, Summative)
  • Written Assignment (Formative, Summative)
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