Michelle H. L. Turnovsky
Introduction to research into European topics and to the analysis of problems.
This course focuses on the economic aspects of the European Union. The historical and institutional backgrounds are surveyed briefly in order to understand the special nature of the EU as an economic entity. Then the integration and trade issues are presented; the evolution from a customs union to a single market and the trade relations with the rest of the world and specially with the US (negotiations through the WTO etc. ). Next the international finance aspects are investigated, including the various efforts toward monetary integration: from the “snake” to the EMS and eventually a monetary union with a single currency, the Euro, and the European Central Bank. A number of specific issues are also raised: the common agricultural policy, unemployment, etc.
Student learning goals
General method of instruction
Lectures - students are welcome to ask questions and discuss issues
Do the readings and come to class regularly (well prepared)
Class assignments and grading
Research paper on the topic of student's choice. Student choose a topic and must submit a proposal for approval (including outline and bibliography). A more extensive paper is expected from the Euro Studies students as it is the first draft of their senior thesis.
Two exams and one research paper - equally weighted