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Unit of study_

ECOS2307: The European Economy

What economic challenges and opportunities does Europe face? This unit analyses Europe's economic framework and policy experience, its economic institutions and the unique relationship European countries have with each other and the rest of the world. Particular attention is paid to the unique constraints that European policymakers face. This unit provides a practical understanding of European economic management for those who may encounter Europe while working in the private or public sectors. No prior knowledge of Economics is required.

Code ECOS2307
Academic unit Economics
Credit points 6
Prerequisites:
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12 credit points at 1000 level
Corequisites:
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None
Prohibitions:
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None

At the completion of this unit, you should be able to:

  • LO1. Demonstrate understanding of the economic backgrounds and major events that have shaped the current European Union
  • LO2. Apply economic concepts for analysing and evaluating the European economic policies
  • LO3. Appreciate similarities and differences across the countries that belong to the European Union
  • LO4. Identify the challenges ahead for the EU
  • LO5. Understand the economic interdependence between the EU and other world economies
  • LO6. Identify the costs and benefits of the EU membership
  • LO7. Understand the European decision making within the EU
  • LO8. Understand the economics arguments behind Europe‚Äôs common currency project and appreciate the attendant difficulties and opportunities that the Euro has created for policymakers at national and supra-national level
  • LO9. Understand how economic concerns have shaped social policies in the European Union
  • LO10. Understand the economic reasoning behind European integration
  • LO11. Critically analyse events related to the European economy

Unit outlines

Unit outlines will be available 1 week before the first day of teaching for the relevant session.