AØKA08081U  Economics of the EU

Volume 2013/2014
BSc in Economics
MSc in Economics
Main topics of the course include the monetary integration of the EU, trade and external relations in general. Focus will be on the Economic and Monetary Union and the reform of the Stability and Growth Pact plus the state and the functioning of the internal market.

The course will also offer insight into EU’s budget, environmental policies, the common agricultural policies (the CAP) and regional integration. During the coverage of the various topics, background information on the EU institutions will be given.
Learning Outcome
This course seeks to analyse the speed and intensity of EUs economic cooperation and integration. The course focuses on understanding the EMU crisis, and its implications for EU’s economic integration. More generally, the course seeks to provide understanding for EUs economic cooperation and integration as well as ability to analyse those factors that either impede or facilitates more European integration.

The course is among others relevant for those students that aim for jobs in the public sector, in private or semi-public interest group organisations, or in private companies, where a systematic understanding of EUs economic relations is valued highly.

The course is also targeted at students that later in their studies are supposed to participate in exercises or write dissertations about EU-related matters. It also tries to provide a profound introduction for those that wish to do research on EU-matters or students that might at some point in the future wish to prepare for EU competitions (concours).

Readings- autumn 2013
De Grauwe, Paul: Economics of Monetary Union, 2012, ninth edition, Oxford University Press, Chapters 1-11 (p. 3-245, i.e. 242 pages)

Baldwin, Richard and Charles Wyplosz, The Economics of European Integration, 4th edition, 2012. Chapters 1-12. Mc Graw Hill.

Dahl, Martin, 2012, Notes on theories of European Integration.


Dahl, Martin, 2013, Selected notes. 

For further information please visit the course website at Absalon. You can find the website by searching for the name of the course under "Courses" - in courses that offer classes besides the lectures have separate websites for lectures and classes, so you will have to sign up twice! Please remember to also sign up for the course at www.punkt.ku.dk during the course registration period, otherwise you will not be able to sit the exam.

Due to the fact that EUs economic development and integration include almost all aspects of economic theory, the course requires a profound macroeconomic background from bachelor or advanced courses. Particularly relevant are those courses that include international trade and monetary theory.
3 hours of lectures per week for 14 weeks
7,5 ECTS
Type of assessment
Written examination, 3 hours under invigilation
A 3 hours written examination taking place at Peter Bangs Vej 36.
Only certain aids allowed
The exam is a closed book but it is allowed to use EU-treaties during the exam.
Marking scale
7-point grading scale
Censorship form
External censorship
20 % censurship
Exam period
Will be updated before the start of the semester
Same as ordinary. But if only a few students have registered for the re-exam, the exam might change to an oral exams with a synopsis to be handed in. This means that the examination date also will change.
Criteria for exam assesment
The Student must in a satisfactory way demonstrate that he/she has mastered the learning outcome of the course.
  • Category
  • Hours
  • Lectures
  • 42
  • Preparation
  • 161
  • Exam
  • 3
  • Total
  • 206