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SSST Subjects

EC 260 EU Economic Analysis

 
 

Programme(s) where module is offered

  • BSc in Economics with International Business
  • BSc in Economics with Finance
  • BA in Political Science with Economics
  • BSc in Computer Science with Economics
  • BSc in Information Systems with Economics
 

Status (core, option, free choice)

Core

 

FHEQ Level

6

 

Unit Value

6 ECTS

 

Semester taught

Autumn/Spring

 

Pre-Requisite Modules or Qualifications

None

 

Module Code

EC 260

 

Module coordinator

Goran Mirascic

 

Applicable From

2017

 

Educational Aims of the Module

  • This module is designed to introduce students to the issues related to EU Economic analysis, with reference to appropriate theory of economic analysis, whilst paying attention to the political and social implications of the European integration process.
  • The module introduces the main economic aspects of the current development of the EU and its policies.
  • It covers the process of EU and its economic impacts on individuals, firms and regions.
  • Special attention is put on the analysis of the economic opportunities and challenges generated by economic integration, and to the assessment of the policies designed to support this process and mitigate its potential side-effects.
 

Module Outline/Syllabus

  • What is Economic Integration?

  • Economic Constitution of the EU

  • Subsidiarity and Union Economic Functions

  • The Economics of EU Regulation

  • Goods Market Integration: Method

  • Goods Market Integration: Economic Impact Analysis

  • Services Market Integration: Method and Economic Analysis

  • The Internal Market for Network Industries

  • Factor Market Integration: Method

  • Factor Market Integration: Economic Analysis

  • Common Agricultural Policy

  • EU Competition Policy

  • Common Trade Policy

  • EU Industrial Policy

  • Social Equity for the Union?

  • The Economics of Cohesion

  • European Macroeconomic Cooperation

  • Economic and Monetary Union

  • Assessing the EU Budget

  • EU Enlargement: Methods and Economic Analysis

  • Brexit and asymmetric shocks

 

Student Engagement Hours

Type Number per Term Duration Total Time

Lectures

15 1.5 22.5

Workshops

5 1.5 7.5

Seminars

5 1.5 7.5
Tutorials 5 1.5 7.5

Total Contact Hours

45.0

Total Guided/Independent Learning Hours

105.0
Total Engagement Hours 150.0
 

Assessment Method Summary

Type Number Required Duration / Length Weighting Timing / Submission Deadline

Final exam

1

3 hours

50%

Week 17

Mid-semester test

1

2 hours

20%

Week 8

Group project: Case study

Presentation

1

2000 words

 

20 minutes

20%

 

10%

Week 10

 

Module Outcomes

Intended Learning Outcomes:

  • To comprehend the key terminology related to EU Economic Analysis and to be prepared for reading, understanding and analysis of related literature.

  • Evaluate and critically analyse the interrelationships of political and economic factors as well as the correlation between economic and non-economic factors in the field of EU Economic Analysis.

  • Subject Knowledge and critical understanding of each of the following areas:

    • Various policies (CAP, CU, Budget)

    • Internal markets (goods and services)

    • Basis for EU Economic Integration

  • Ability to understand the effects of EU economic policies on resource allocation and income distribution

  • Ability to understand the reasoning behind various integrations within the EU, such as Single market, CET, CAP, EMU and how the same function

  • Ability to recognise concepts and principles essential for theoretical frameworks in EU Economic Analysis (including the effects of EU economic policies on resource allocation and income distribution) and to identify their strengths and weaknesses

  • Ability to listen to the viewpoints of others with comprehension (an intellectual skill) with an appreciation that contradictory views may have relevance.

Teaching and Learning Strategy:

  • A variety of approaches to managing the learning process is introduced in order to be able to meet the ILOs. Teaching will be predominantly based on lectures. Lectures will primarily focus on the key text book. In addition to the key text book, supplementary resources will be used. (ILO: 1-7)

  • Research/investigation assignments for self-study engagement (ILO: 1-6)

  • Learning is organised and supported to encourage active learning, for example by in-class discussions and case study analysis. (ILO: 1-7)

  • Group project assignment to integrate theoretical concepts with practical skills (ILO: 1-7)

Assessment Strategy:

  • Mid-semester test and Final exam (ILO: 1-7)

  • Group project (ILO:2-7)

  • Continuous assessment (ILO: 1-7)

Practical Skills:

  • Write scholarly and grammatically correct essays in the field of Economic Analysis that are referenced in accordance with established academic practice.

  • Recognise and identify different policy implications related to CAP, CET, and CU

  • Interpret methods of EU enlargement

Teaching and Learning Strategy:

  • Lab exercises with tutor-lead support

  • Project assignment (PS: 1)(PS: 1-3)

Assessment Strategy:

  • Mid-semester test and final exam (PS: 1-3)

  • Group Project (PS: 1)

Transferable Skills:

  • Communication skills: written and oral

  • Problem-solving skills

  • Meet deadlines

  • Good time management

  • Ability to work in the team

  • Ability to work independently

Teaching and Learning Strategy:

  • Lectures and tutorials (TS: 1-2, 5-6)

  • Group work in class (TS:1-5)

Assessment Strategy:

  • Project assignments (TS:1-6)

  • Written examination (TS: 1-3)

  • Continuous in-class discussions and participation (TS: 1-6)

 

Key Texts and/or other learning materials

Set text

  • Baldwin, R., Wyplosz, C., (2015), The Economics of European Integration, 5 Edition, McGraw-Hill

Supplementary Materials

Please note

This specification provides a concise summary of the main features of the module and the learning outcomes that a typical student might reasonably be expected to achieve and demonstrate if he/she takes full advantage of the learning opportunities that are provided.

More detailed information on the learning outcomes, content and teaching, learning and assessment methods of each module and programme can be found in the departmental or programme handbook.

The accuracy of the information contained in this document is reviewed annually by the University of Buckingham and may be checked by the Quality Assurance Agency.

Date of Production : April 2017

Date approved by School Learning and Teaching Committee

Date approved by School Board of Study

Date approved by University Learning and Teaching Committee

Date of Annual Review

       
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