EGOn4004 Europe in Global Economy

Faculty of Social Studies
Spring 2022
Extent and Intensity
1/1/0. 7 credit(s). Type of Completion: zk (examination).
Teacher(s)
doc. Mgr. et Mgr. Oldřich Krpec, Ph.D. (lecturer)
Mgr. Vladan Hodulák, Ph.D. (lecturer)
Guaranteed by
doc. Mgr. et Mgr. Oldřich Krpec, Ph.D.
Department of International Relations and European Studies – Faculty of Social Studies
Contact Person: Olga Cídlová, DiS.
Supplier department: Department of International Relations and European Studies – Faculty of Social Studies
Timetable
Wed 12:00–13:40 U53
Prerequisites (in Czech)
! EUP413 Europe in Global Economy && ! EGO404 Europe in Global Economy && ! VISn4003 Europe in Global Economy && ! IREn4008 Europe in Global Economy && !NOWANY( EUP413 Europe in Global Economy , EGO404 Europe in Global Economy , VISn4003 Europe in Global Economy , IREn4008 Europe in Global Economy )
Course Enrolment Limitations
The course is only offered to the students of the study fields the course is directly associated with.
fields of study / plans the course is directly associated with
Course objectives
This course discusses the position and role of Europe in the international political economy from the pre-industrial era to the present era. The focus of the course is on the analysis of Europe as an actor in the international economy with regard to relevant historical, political, and social conditions and circumstances. The first part of the course deals with the ascendancy of Europe as an economic leader, the Europeanization of the international economy and a discussion of specific conditions for the takeoff of the West. The following part of the course consists of a discussion of the contemporary position of Europe in the world economy – in international trade and monetary issues, and the competitiveness of Europe and its position in key international organizations and regimes.
Learning outcomes
At the end of the course, students should acquire a comprehensive understanding of international economic relations and the position of the European economy in the world economy. Students should possess basic skills and competences to analyze the contemporary European economy in international political and economic relations. Students will be understand the challenges facing monetary integrations from both political and economic perspectives and will be able to devise suitable solutions.
Syllabus
  • 1. Introduction to the course, Europe in the International Economy 1500-1800 2. Europeanization of the International Economy, the Industrial Revolution 3. The Inter-War Period 4. The European Economy: Reconstruction and the Golden Age 5. Europe and Economic Integration 6. Europe in Contemporary International Trade 7. European Economy and the issue of Competitiveness 8. Joint seminar with the Utrecht University School of Economics 9. Political Economy of European monetary integration I 10. Political Economy of European monetary integration II 11. Eurozone crisis 12. Euro in the international monetary system 13. Recent developments in the Eurozone
Literature
    required literature
  • El-Agraa, A.: The European Union – Economics and Politics. Cambridge: Cambridge University Press. 2011
  • Krugman, P.; Obstfeld, M.; Melitz, M.: International Economics. Harlow: Pearson. 2018
  • CINI, Michelle and Nieves PÉREZ-SOLÓRZANO BORRAGÁN. European union politics. Sixth edition. Oxford: Oxford University Press, 2019, xxv, 532. ISBN 9780198806530. info
  • MITCHELL, William, L. Randall WRAY and Martin WATTS. Macroeconomics. First edition. London: Red globe press, 2019, xxvii, 573. ISBN 9781137610669. info
  • COHEN, Benjamin J. Currency power: understanding monetary rivalry. Princeton, New Jersey: Princeton University Press, 2015. ISBN 0-691-16785-0. info
  • EICHENGREEN, Barry J. The European economy since 1945 : coordinated capitalism and beyond. Princeton: Princeton University Press, 2007, xx, 495. ISBN 9780691138480. info
  • MADDISON, Angus. The World economy : a millennial perspective. Paris: OECD, 2001, 383 s. ISBN 9264186085. info
Teaching methods
Lectures, discussion of selected issues based on knowledge of required literature, analysis of empirical facts and its interpretation. Students are expected to write one analytical paper.
Assessment methods
1. Students are encouraged to actively participate in the seminars by posing questions of clarification or bringing up problems for discussion. 2. At the end of the semester students should submit a 5-page long final paper on a topic relevant to the course. 3. There will be a final in-class written exam, consisting of five questions based on the required readings and the discussions in class. Grading The final grade will be calculated as a composite evaluation consisting of three parts: 1) evaluation on the eight position papers 2) evaluation on the final paper 3) evaluation on the final exam Students will be awarded 5 points for the submission of eight position papers of acceptable quality in the specified deadline. Each final-exam question gets between 0 and 2 points (max. 10 points overall for the final exam). Students will be awarded 5 points for the submission of a final paper of acceptable quality. In order to complete the course, students must collect at least 12 points.
Language of instruction
English
Further Comments
The course is taught annually.
Listed among pre-requisites of other courses
The course is also listed under the following terms Spring 2023, Spring 2024, Spring 2025.
  • Enrolment Statistics (Spring 2022, recent)
  • Permalink: https://is.muni.cz/course/fss/spring2022/EGOn4004