Course Description
It presents the different stages of integration (from the customs union, free trade area, common market... to the economic union), problems and benefits, policies and the movement for the completion of a single market, supported by empirical studies and theories from both the political and economic point of view upon the dimensions of widening and deepening.
Intended Learning Outcomes
CILO-1: Describe the European Union’s goals and structure in general.
CILO-2: Identify the different stages of economic integration.
CILO-3: Explain the cost and benefit of integration via trade creation and divergence model.
CILO-4: Analsye the structural issues of the economic and monetary union based on the Optimum Currency Area Criteria.
CILO-5: Discuss the driving forces of the merged markets and pooling of sovereignty in Europe through economic and also political theories.