College aantekeningen
Complete study material (17/20) - European Economics (prof. Buts)
- Instelling
- Vrije Universiteit Brussel (VUB)
Complete study material for European Economics (taught by prof. Buts). Got me a 17/20
[Meer zien]Voorbeeld 4 van de 203 pagina's
Voorbeeld 4 van de 203 pagina's
In winkelwagen
Voorbeeld van de inhoud
European EconomicsMaster in European and International Governance
2020-2021
,Table of Content
Structure and themes
• Part I: history, facts and institutions (intro to the EU)
o First 3 chapters
• Part II: the microeconomics of economic integration
o Lot of time
o Already start today: main elements of free trade agreements, imposing tariffs
on some countries, not on others
• Part III: EU micro policies
o Competition policy, agricultural policy, …
o Importance of solidarity mechanisms
• Part IV: the macroeconomics of monetary integration
o European semester
o Essential rules
• Part V: EU monetary and fiscal policies
o Economic Crisis of 2010 and how this improved our macroeconomic policy
coordination
o What we learned from the Crisis
Class 1: Introduction, chapter 4
• Introduction
• Chapter 4: essential microeconomic tools an tariff analysis
o Preliminaries I: supply and demand
o Welfare analysis: consumer and producer surplus
o Preliminaries II: import demand curve
o Preliminaries II: export supply curve
o The workhouse diagram: MD-MS
o MFN tariff analysis
o Welfare effects of a tariff
o Trade wars using tariffs…
o Types of protection
Class 2: chapter 5 and chapter 6
• Chapter 5: the essential economics of preferential liberalization
o Analysis of unilateral discriminatory liberalization
o The RTA diagram
o Discriminatory liberalization
o Supply-switching effects of EEC customs union
o Welfare effects
o Excursus: home welfare effects in more detail
o Analysis of a customs union
o Customs union versus free trade agreements
o Frictional barriers: the 1992 program
2
, o ‘Deep’ trade agreements
o WTO rules
• Chapter 6: market size and scale effects
o Market size matters
o Market size matters: some evidence
o The BE–COMP-diagram in a closed economy
o The impact of European liberalization
Class 3: Chapter 7, chapter 8
• Chapter 7: growth effects and factor market integration
o The logic of growth
o Post-war European growth: the evidence
o Investment and output per worker
o Investment and labor productivity
o Determinants of long-run growth
o Liberalization, allocation effects, and the medium-run growth bonus
o Medium-term growth effects: the Solow diagram
o Medium-term growth effects: EU accessions
o Long-term growth effects: faster knowledge creation and absorption
o Long-term growth effects
• Chapter 8: economic integration, labor markets and migration
o European labor markets: a brief characterization
o Labor market: equilibrium and employment
o Effects of trade integration on labor markets
o Migration: some facts
o Labor markets: demand and supply
o Migration: the simplest framework
o Migration: further remarks
o Barriers to mobility
Class 4: guest lecture - economic policy coordination in the EU
The European semester and the recovery and resilience facility
• EU competences
• A closer look at the legal base
• Scope and instruments of EU economic policy coordination
• The Annual Surveillance Cycle
• Country-specific recommendations: example
• The Commission’s economic narrative
• The worst crisis in living history
• The EU crisis response
• The Recovery and Resilience Facility
• The challenges ahead
• Questions
3
, Class 5: chapter 9
• Chapter 9: the common agricultural policy
• CAP: Brainstorm and introduction
• The Common Agricultural Policy
• The simple old logic: price supports
• The old logic: step by step
• Direct consequence
• Uneven distribution of benefit
• Changed circumstances and CAP problems
• Changed circumstances – step by step:
• Unintended consequences: farm income problem
• Unintended consequences: CAP paradox
• Unintended consequences: other problems
• The simple economic logic of the new CAP
• CAP reform more recently
Class 6: chapter 10
• Chapter 10: regional policy – differences between regions and countries
o Location effects, economic geography and regional policy
§ Why do we observe differences in GDP/capita and employment rates
between countries and between regions within countries?
§ Regional/cohesion policy is necessary
o The case of Malta’s manufacturing
o Location factors: importance-performance gaps
o Importance-performance analysis
o Focus: potential to remedy
o Europe’s economic geography: the facts
o Summary of the facts
o Theory part I: comparative advantage
o Theory part II: new economic geography
o The locational effects of European integration
o The locational effects of European integration: considering additional
complicating factors
o Theory part III: putting it all together
o EU regional policy
o EU regional policy: proposed reforms for 2021–2027
Class 7: chapter 11
• Chapter 11: EU competition and state aid policy
o In short
o EU’s role in competition policy
o EU competition policy
o European Commission – DG COMP
o Three pillars
o EU competition policy
4
Voordelen van het kopen van samenvattingen bij Stuvia op een rij:
√ Verzekerd van kwaliteit door reviews
Stuvia-klanten hebben meer dan 700.000 samenvattingen beoordeeld. Zo weet je zeker dat je de beste documenten koopt!
Snel en makkelijk kopen
Je betaalt supersnel en eenmalig met iDeal, Bancontact of creditcard voor de samenvatting. Zonder lidmaatschap.
Focus op de essentie
Samenvattingen worden geschreven voor en door anderen. Daarom zijn de samenvattingen altijd betrouwbaar en actueel. Zo kom je snel tot de kern!
Veelgestelde vragen
Wat krijg ik als ik dit document koop?
Je krijgt een PDF, die direct beschikbaar is na je aankoop. Het gekochte document is altijd, overal en oneindig toegankelijk via je profiel.
Tevredenheidsgarantie: hoe werkt dat?
Onze tevredenheidsgarantie zorgt ervoor dat je altijd een studiedocument vindt dat goed bij je past. Je vult een formulier in en onze klantenservice regelt de rest.
Van wie koop ik deze samenvatting?
Stuvia is een marktplaats, je koop dit document dus niet van ons, maar van verkoper 1h09t. Stuvia faciliteert de betaling aan de verkoper.
Zit ik meteen vast aan een abonnement?
Nee, je koopt alleen deze samenvatting voor €14,79. Je zit daarna nergens aan vast.
Is Stuvia te vertrouwen?
4,6 sterren op Google & Trustpilot (+1000 reviews)
Afgelopen 30 dagen zijn er 75759 samenvattingen verkocht
Opgericht in 2010, al 14 jaar dé plek om samenvattingen te kopen