European Union and International Economics

Teacher(s)

Defraigne Jean-Christophe;

Language

English

Prerequisites

A course on economics and a course on the European economy.

Main themes

This course will analyse the relations between the European Union and the global economy.

Learning outcomes

At the end of this learning unit, the student is able to :

After taking this course, students should have a basic knowledge of The main theoretical concepts and indicators related to international economics. The main stakes and tools of the trade policy. The main stakes and tools specific to the European Union trade policy. The framework of the multilateral trading system. The framework of the governance of the global monetary and financial system.

Content

The course looks into the main mechanisms related to international trade and foreign direct investment. It looks into the strategies of multinational enterprises and their impact on the global value chain. The course will explain the main tools of trade policies and the main rules of the multilateral trading system. The course will show how the EU trade policy and European firms operate in the global economy. The course will also introduce the global monetary and financial system and its impacts on the EU and on the European firms.

Teaching methods

Attending and participating to class is compulsory 

Evaluation methods

The classes will consist of seminars. Attendance is compulsory and counts for 20% of the final mark.
The evaluation will consist of TWO oral examinations that will account for 80% of the mark.
Each examination is based on the ex-cathedra course and on specific readings from a list communicated to students during the first lecture of the course. The first examination will take place on the week 09 (mid-November). The second during the January session.

Bibliography

ADDA, Jacques: « La Mondialisation de l’Economie », La Découverte, Paris, 2012
BALDWIN, Richard  & WYPLOSZ, Charles: « The Economics of European Integration », Mc Graw Hill, 2022
DEFRAIGNE, Jean-Christophe & NOUVEAU Patricia : « Politique Commerciale » in « Introduction à l’Economie  Européenne », 3ème édition, Ouvertures Economiques, De Boeck, Brussels, 2022
Defraigne, Jean-Christophe, Traversa, Edoardo, Wouters Jan & Zustrassen Dimitri, Which EU industrial policy in the Multipolar Economy of the 21st Century? Edward Elgar, Cheltenham, ISBN: 978180037262, 2022.
DICKEN, Peter : “Global Shift: reshaping the global economic map in the 21st century”, Sage publications, London, 2015.
GSTOHL Sieglinde & De BIEVRE, Dirk : « The Trade Policy of the European Union”, Palgrave Mc Millan, 2018.
KOUL Autar Krishen : « Guide to the WTO and GATT: Economics, Law and Politics”, Springer, Singapore, 2018.
KRUGMAN, Paul, OBSTFELD, Marice, MELITZ, Marc, International Economics, Theory and Policy, Global Edition, 2022.
MELO AURAUJO, Billy “The EU Deep Trade Agenda”, Oxford University Press, 2016
RAVENHILL, John Eds « Global Political Economy », Oxford University Press, 2020.

Faculty or entity

EURO