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JOHN CABOT UNIVERSITY
COURSE CODE: "EC 250"
COURSE NAME: "Economic, Competition, and Regulatory Issues of the European Union"
SEMESTER & YEAR:
Spring 2014
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SYLLABUS
INSTRUCTOR:
Pal Belenyesi
EMAIL: [email protected]
HOURS:
MW 3:00 PM 4:15 PM
TOTAL NO. OF CONTACT HOURS:
45
CREDITS:
3
PREREQUISITES:
Prerequisites: EC 201, EC 202
OFFICE HOURS:
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COURSE DESCRIPTION:
This course follows selected topics of current and historic interest regarding European economic integration. The economic integration of the EU is the starting point: light touch macroeconomics and the advantages of a regional economic integration will be discussed. From customs union we will follow the path to single market and monetary union. The developmental approach puts emphasis on legacy, regulatory issues and competition policy. We will review the institutional set up, talk about intergovernmentalism and supranationalism, and finish the course with discussing some industry policies.
The aim of the course is to get acquainted with the buzzwords of specialized EU business reporting and move comfortably in the EU regulatory environment. Students will become familiar with the rules on the internal market (the free movement of the four freedoms), competition policy, telecommunication and water supply, and will gain knowledge about the functioning of the European Union.
Home assignments complete the class, which focus on the comparative issues in US/EU policy making.
The course will use hand-outs and a selection of articles from classical and contemporary literature.
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SUMMARY OF COURSE CONTENT:
The course will be held twice a week. Students are expected to actively participate in discussions and contribute to course work, individual or group-related.
The course will cover issues from history of public spekaing, negotation techniques, public speaking skills, presentation and negotition planning. It will also provide the participants with hands-on examples of international negotations from the EU.
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LEARNING OUTCOMES:
Students will understand the functioning of the European Union and have a good deal of apprehension of its policies, in particular competition and the network industries. Though the course does not substitute for a detailed institutional introduction course on the EU, it is expected that attendees will have a clearer sight of how the EU works in terms of lawmaking and policy monitoring. The structure will also help visiting students to make the best of their short stay in Europe and take back what is possible in terms of understanding the way the EU functions.
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TEXTBOOK:
| Book Title | Author | Publisher | ISBN number | Library Call Number | Comments | Format | Local Bookstore | Online Purchase |
| Policies and Policy Processes of the European Union | Buonanno, Nugent | Palgrave Macmillan, 2013 | ISBN 978-1-4039-1514-6 | | | | | |
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REQUIRED RESERVED READING:
RECOMMENDED RESERVED READING:
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GRADING POLICY
-ASSESSMENT METHODS:
| Assignment | Guidelines | Weight |
| Mid-term paper | Subject discussed with the lecturer. | 50 |
| Final exam | Written test. | 40 |
| In-class assignment | Home assignments, in groups. | 10 |
-ASSESSMENT CRITERIA:
AWork of this quality directly addresses the question or problem raised and provides a coherent argument displaying an extensive knowledge of relevant information or content. This type of work demonstrates the ability to critically evaluate concepts and theory and has an element of novelty and originality. There is clear evidence of a significant amount of reading beyond that required for the course
BThis is highly competent level of performance and directly addresses the question or problem raised.There is a demonstration of some ability to critically evaluatetheory and concepts and relate them to practice. Discussions reflect the student’s own arguments and are not simply a repetition of standard lecture andreference material. The work does not suffer from any major errors or omissions and provides evidence of reading beyond the required assignments.
CThis is an acceptable level of performance and provides answers that are clear but limited, reflecting the information offered in the lectures and reference readings.
DThis level of performances demonstrates that the student lacks a coherent grasp of the material.Important information is omitted and irrelevant points included.In effect, the student has barely done enough to persuade the instructor that s/he should not fail.
FThis work fails to show any knowledge or understanding of the issues raised in the question. Most of the material in the answer is irrelevant.
-ATTENDANCE REQUIREMENTS:
Refer to the University Policy.
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ACADEMIC HONESTY
As stated in the university catalog, any student who commits an act of academic
dishonesty will receive a failing grade on the work in which the dishonesty occurred.
In addition, acts of academic dishonesty, irrespective of the weight of the assignment,
may result in the student receiving a failing grade in the course. Instances of
academic dishonesty will be reported to the Dean of Academic Affairs. A student
who is reported twice for academic dishonesty is subject to summary dismissal from
the University. In such a case, the Academic Council will then make a recommendation
to the President, who will make the final decision.
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STUDENTS WITH LEARNING OR OTHER DISABILITIES
John Cabot University does not discriminate on the basis of disability or handicap.
Students with approved accommodations must inform their professors at the beginning
of the term. Please see the website for the complete policy.
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SCHEDULE
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- Introduction to the EU, basic notions.
- Economics of integration: costs and benefits (demand, supply, open-economy and closed trade area).
- Historical overview of the economic and monetary integration process in Western Europe: from World War II to the recent times. (Political reasons, Churchill’s Zurich speech, CMEA, UNECE, OEEC-OECD, EPU, federalism - inter-governmentalism).
- The EU within the globalized world economy. Examples of other regional economic integrations (South America, Arab world, Asia).
- Intergovernmentalism - Supranationalism.
- The EU institutions: the European Commission, the European Parliament, the European Council, the Council of Ministers, and the European Court of Justice.
- Decision—making process.
- The theory of trade and EU. Free movement of goods, persons, services, capital. The way from customs union to the Internal Market.
- The Single Market: the process of economic integration in the EU. Barriers to trade – some examples of the evolving case law of the EC.
- Mid-term wrap-up. Presentation of term-paper.
- Sectoral policies: different levels of integration (agriculture, transport, telecoms, culture).
- Competition Policy in the EU. The basics.
- Recent trends towards converging economic policies. Example of Connecting Europe Facility.
- Research and Innovation Policy in the EU. Horizon 2020.
- The process of monetary integration in Europe: from the European Monetary System (EMS) to the European Economic and Monetary Union (EMU).
- Monetary and fiscal policies in EMU: the European Central Bank and the Stability and Growth Pact. The reforms (2003-5, 2010-11) and sovereign debt crisis. Treaty on Stability, Coordination and Governance in the Economic and Monetary Union.
- Some case study on regional non-EU economies (UK, Switzerland). Advantages and disadvantages of the Eurozone from an outsider’s point of view.
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