Economic Policy

Economic Policy, photo: Gerd Altmann

Course ID:

ECO_350

Semester:

6th

Year of Study:

3rd Year

Category:

Compulsory

For Erasmus Students:

No

Learning Outcomes

At the end of this course, students will be able to:

Analyze macroeconomic developments in a structured way.
Formulate criticism of economic policy measures and interventions.
Critically examine the links between the different macroeconomic and microeconomic theories and economic policy options.
Know and critically analyze the main problems of macroeconomic and microeconomic policy at the European level.
Summarize and evaluate empirical work on economic policy issues.
Compare and contrast empirical work on the design of economic policy.
Critically analyze how microeconomic and macroeconomic theory influence the practical implementation of economic policy measures at national and European level.
Contribute to the design of economic policy as executives of competent institutions.

Course Contents

Introduction. Microeconomic Policies. The Common Agricultural Policy. Regional Policy / Cohesion Policy. Competition policy. Trade policy. Basic Macroeconomic Policy Tools. Key Elements of Monetary Integration. Perfect Monetary Areas. The European Monetary Union. Fiscal Policy and Stability Pact. The Financial Markets and the Euro. The Eurozone in Crisis.

Teaching Activities

Lectures (3 hours per week)

Teaching Organization

*Activity*	*Semester workload*
Lectures	39 hours (3X13)
Private study	111 hours
Total number of hours for the Course (25 hours of work-load per ECTS credit)	150 hours (total student work-load)