For students:

TA5 Economics of the EU (5 cr)

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Code:
ECOK-260
Field:
Macroeconomics
Target:
Bachelor's students
Organiser:
University of Helsinki - Economics
Instructor:
Concepcion Garcia-Iglesias
Period:
Period 3
Format:
Lecture
Method:
Online teaching
Remote:
Zoom link in Moodle
Enrollment:
Sisu How to enroll?

In case of conflicting information consider the Sisu/Courses/Moodle pages the primary source of information.

Content

The object of this course is to analyze the causes and consequences of the accelerating development of the European economy mainly from the monetary and financial perspectives. Special emphasis goes on the various shocks that have created and disrupted it through time. The course will mainly focus on the macroeconomics aspects of the economics of the European Union. Moreover, there will be an emphasis on international trade, international trade agreements, the exchange rate regimes, and the international monetary systems as they are considered integral parts of today’s economic world. In order to know how the economy of the EU works, we need to know the international economic environment not only of today but also from yesterday, as we can learn much about past experiences. Starting from the nineteenth century, the course will move on until today’s sovereign debt crisis. Topics of study include the credibility theory of the EMS, the EU’s 1992 initiative, the Maastricht Convergence Criteria and the Stability and Growth Pact, the European System of Central Banks and the Theory of Optimum Currency areas among others. The importance of monetary integration and the creation of the European Central Bank will also be studied.

Teaching

  • Language: English
  • Schedule: can be found in Course Page and Sisu
  • Study materials: can be found in Moodle
    • For some courses, it is enough to register in Sisu and you can access directly the Moodle area, please note, however, that it may take up to two hours after registration to enter the Moodle area.
    • Log in with your UH username to be able to use all the features of the course workspace
    • More tips for enrolling in Moodle can be found here

Please register for the course in the UH Sisu with your UH username. Further instructions can be found here.

University-specific instructions

Aalto University Students
  • Code: no equivalent code
  • Target groups: BSc
  • Credit points: 5
  • Credit transfer: apply for inclusion in Sisu

Further instructions can be found here.

Hanken Students
  • Code: no equivalent code
  • Target groups: BSc
  • Credit points: 5
  • Credit transfer: apply for inclusion in Sisu

Further instructions can be found here.

University of Helsinki Students
  • Code: ECOK-260
  • Target groups: BSc
  • Credit points: 5
  • YET students: Before taking and completing this course make sure that the credits can be counted towards your degree by checking which courses are/can be included in your curriculum. You can also contact your planning officer Simo Riikonen (firstname.lastname@helsinki.fi).

Learning outcomes

The aim of the course is to introduce the student to the economics of the EU. On successful completion of the course, students should be able to:

  • know how the economy of the EU works
  • analyze the causes and consequences of the accelerating development of the European economy
  • understand the importance of various shocks on the development of the European economy