Study-Unit Description

Study-Unit Description


CODE EST3208

 
TITLE The Economics of EU Policies

 
UM LEVEL 03 - Years 2, 3, 4 in Modular Undergraduate Course

 
MQF LEVEL 6

 
ECTS CREDITS 4

 
DEPARTMENT European Studies

 
DESCRIPTION The study-unit is to provide an overview of the economic fundaments and implications of EU policies. The study-unit starts out focusing on policies set at supranational level such as the common commercial policy and competition policy and later takes up other selected policies such as environmental policy. The EU supranational policies are examined using analytical tools to identify their implications for producers and consumers in the common market. Particular focus will be placed on how the setup of these policies affect the EU position in the world market. Other policies will be studied from an EU member state perspective to understand the role of EU membership in policy implementation. We will use economic tools to analyze the pros and cons of policy design and implementation. The study-unit is lecture-based but also incorporates interactive learning, primarily in the form of student presentations-

Study-unit Aims:

The aim of the study-unit is to give students a foundation to analyze major EU policies from an economic perspective. Main economic tools are provided to examine economic underpinnings of the EU position in targeted policy areas. Current policy dimensions are studied with the purpose of providing an up-to-date account of resulting economic effects. These effects are evaluated to identify how EU policies can be reformed to better achieve set targets.

Learning Outcomes:

1. Knowledge & Understanding:

By the end of the study-unit the student will be able to:

- describe policy fundaments and implications;
- identify economic effects of various policies;
- evaluate EU’s policy position;
- describe policy rationale;
- discuss pros and cons of EU policy positions.

2. Skills:

By the end of the study-unit the student will be able to:

- apply economic tools to examine EU’s policy position;
- analyze policy causes and effects from an economic perspective.

Main Text/s and any supplementary readings:

Main text:

- Baldwin, R., Wyplosz, C., 2015. The Economics of European Integration. McGraw-Hill. Fifth edition.
- Hanley, N., Shogren, J., White, B. (2019) Introduction to Environmental Economics, Oxford: Oxford University Press.
- Up-to-date supplementary readings in form official documentation and reports.

 
RULES/CONDITIONS Before TAKING THIS UNIT YOU MUST TAKE EST1040 AND TAKE EST1041

 
STUDY-UNIT TYPE Lecture

 
METHOD OF ASSESSMENT
Assessment Component/s Assessment Due Sept. Asst Session Weighting
Presentation SEM1 Yes 25%
Assignment SEM1 Yes 75%

 
LECTURER/S Susanna Thede

 

 
The University makes every effort to ensure that the published Courses Plans, Programmes of Study and Study-Unit information are complete and up-to-date at the time of publication. The University reserves the right to make changes in case errors are detected after publication.
The availability of optional units may be subject to timetabling constraints.
Units not attracting a sufficient number of registrations may be withdrawn without notice.
It should be noted that all the information in the description above applies to study-units available during the academic year 2023/4. It may be subject to change in subsequent years.

https://www.um.edu.mt/course/studyunit