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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.
The course aims at analysing the process of economic and political integration of European countries through a theoretical and a policy perspective. The course explores the economic and political aspects of the process of European integration, analysing the economic consequences of trade liberalization (customs unions, free trade areas), the budget of the EU with a focus on the Next Generation EU for the post-pandemic recovery, and major common policies of the EU in agricultural and external trade areas. The course concludes with the analysis of the Economic and Monetary Union and its effects on political and social developments within the EU.
As a student in this course you will be able to: Acquire knowledge of the history of European economic integration. Understand the benefits and costs of trade liberalization and economic integration.Analyse the background and economic effects of main EU common policies, such as the Common Agricultural Policy (CAP), the Common Commercial Policy (CCP), and the Economic and Monetary Union (EMU) with the Euro as a single currency. Learn how the EU reacted to recent crises: The Financial/Sovereign Debt one in 2009-2012 and Covid-19 one started in 2020. Understand the role of the EU in international trade and its position within the WTO.
Any 30 points at 200 level in EURA or ECON, orany 60 points at 200 level from the Schedule V of the BA
Students must attend one activity from each section.
Tutor: Yanchi Liu
In order to provide updated materials for a fast-evolving subject as the process of European integration, the main materials of the course are provided via lecture notes (slides) uploaded on the LEARN platform. Other material, which may be helpful, can be found in the Library Subject Guides: http://canterbury.libguides.com/euro
Domestic fee $868.00
International fee $4,075.00
* All fees are inclusive of NZ GST or any equivalent overseas tax, and do not include any programme level discount or additional course-related expenses.
For further information see
Department of Economics and Finance