Note from June 29, 2020
Although we do not yet know how long the social distancing related to the Covid-19 pandemic will last, and regardless of the changes that had to be made in the evaluation of the June 2020 session in relation to what is provided for in this learning unit description, new learnig unit evaluation methods may still be adopted by the teachers; details of these methods have been - or will be - communicated to the students by the teachers, as soon as possible.
Although we do not yet know how long the social distancing related to the Covid-19 pandemic will last, and regardless of the changes that had to be made in the evaluation of the June 2020 session in relation to what is provided for in this learning unit description, new learnig unit evaluation methods may still be adopted by the teachers; details of these methods have been - or will be - communicated to the students by the teachers, as soon as possible.
5 credits
30.0 h
Q2
Teacher(s)
Fontan Clément;
Language
English
Prerequisites
The prerequisite(s) for this Teaching Unit (Unité d’enseignement – UE) for the programmes/courses that offer this Teaching Unit are specified at the end of this sheet.
Main themes
This course offers an analysis of the build-up and the functioning of the Economic and Monetary Union (EMU) from two distinct disciplinary perspectives that allows to shed light on both the power struggles between the Eurozone actors and the economic constraints and challenges they are facing.
Aims
At the end of this learning unit, the student is able to : | |
| 1 |
- Identify and understand the main economic concepts underlying the build-up and functioning of the EMU. - Explain the power and institutional dynamics shaping the Eurozone governance. - Apply economic and political sciences concepts when analyzing contemporary EMU debates and reforms. - Understand and replicate the strategical behavior of Eurozone actors. |
The contribution of this Teaching Unit to the development and command of the skills and learning outcomes of the programme(s) can be accessed at the end of this sheet, in the section entitled “Programmes/courses offering this Teaching Unit”.
Content
Economics:
- Analysis of the costs and benefits of monetary integration
- Analysis of the stages of European monetary integration.
- Analysis of the specific issues related to the functioning of EMU: centralized monetary policy combined with decentralized fiscal policies; stability and growth pact constraints; differences in economic circumstances and asymmetric shocks.
- Political history of the EMU creation and the buildup of Eurozone imbalances
- Analysis of the Eurozone governance (institutions, ideas and political struggles)
- Analysis of the Eurozone crisis framing and resolution process (why the crisis was framed as a fiscal crisis, why austerity policies were chosen as the main political answer to the crisis)
Evaluation methods
Written exam for both July and August exam sessions. In class oral exercises (roleplay) for the political sciences section of the course.
Faculty or entity
EURO
