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Code ECON 407
Term 201702
Title The Political Economy of European Integration
Faculty Faculty of Arts and Social Sciences
Subject Economics(ECON)
SU Credit 3
ECTS Credit 6.00 / 6.00 ECTS (for students admitted in the 2013-14 Academic Year or following years)
Instructor(s) Bahri Y?lmaz -bahri@sabanciuniv.edu,
Language of Instruction English
Level of Course Undergraduate
Type of Course Click here to view.
Prerequisites
(only for SU students)
ECON340
Mode of Delivery Formal lecture,Interactive lecture
Planned Learning Activities Interactive,Communicative,Discussion based learning
Content

This course aims at providing the students with a basic understanding of the interaction between politics and the economy in the integration of European. The course will first underline the historical and socio-economic context of European integration in the aftermath of World War II. Second, the course will focus on the dynamics of markets and government policies as they shape one another in the newly emerging institutional framework of EC and EU. Third, the course will analyse the challenges for the European economies and polities in present day global economy and increasingly volatile international relations with their newly developing alliances and institutions

Objective

Refer to the course content.

Learning Outcome

By the end of this course, a student should be able to:

1) Examine the historical origins of the EU.
2) Classify the economic effects of European integration into three aspects: allocation effects, accumulation effects and location effects.
3) Describe the main EU Policies such as CAP, Regional Policy, EU Competition and state aid policy and EU Trade policy.
4) Describe the timeline from the Gold standard, to Bretton Woods up to the establishment of the European Monetary Union along with its macroeconomic functioning.
(5) Describe what is meant by 'thinking like an economist on European economic issues'.
(6) Identify the links between current economic problems and economic theory.
(7 ) Apply abstract theoretical ideas and concepts to actual economic events and outcomes.
(8) Study independently and in groups.
(9) Research and critically evaluate information.
(10) Apply techniques and theories in appropriate contexts.

Programme Outcomes
 
Common Outcomes For All Programs
1 Understand the world, their country, their society, as well as themselves and have awareness of ethical problems, social rights, values and responsibility to the self and to others. 5
2 Understand different disciplines from natural and social sciences to mathematics and art, and develop interdisciplinary approaches in thinking and practice. 5
3 Think critically, follow innovations and developments in science and technology, demonstrate personal and organizational entrepreneurship and engage in life-long learning in various subjects. 5
4 Communicate effectively in Turkish and English by oral, written, graphical and technological means. 5
5 Take individual and team responsibility, function effectively and respectively as an individual and a member or a leader of a team; and have the skills to work effectively in multi-disciplinary teams. 5
Common Outcomes ForFaculty of Arts & Social Sci.
1 Develop a thorough knowledge of theories, concepts, and research methods in the field and apply them in research design and data analysis. 5
2 Assess the impact of the economic, social, and political environment from a global, national and regional level. 5
3 Know how to access written and visual, primary and secondary sources of information, interpret concepts and data from a variety of sources in developing disciplinary and interdisciplinary analyses. 4
Economics Program Outcomes Area Elective Courses
1 Provide constructive analysis of economic phenomena at the national and international level, and interactions between the two. 5
2 Develop an understanding of organizations and institutions in the society as well as their influence on the economy. 5
3 Recognize how incentives shape the behavior of individuals and organizations. 4
4 Identify ?economic? problems and propose alternative models and/or design and conduct research to provide viable solutions using theoretical tools and/or quantitative methods. 5
5 Communicate problems and solutions to managerial and policy decision-making units as well as to lay audiences. 4
International Studies Program Outcomes Area Electives
1 Analyze global affairs from international relations and economics perspectives. 5
2 Demonstrate theoretical and practical knowledge of the international affairs. 5
3 Compete for increasing opportunities in careers within the newly emerging global institutions. 5
4 Evaluate the international political events and present their views and positions on international affairs with advanced oral and written skills. 5
Assessment Methods and Criteria
  Percentage (%)
Final 50
Midterm 30
Assignment 20
Recommended or Required Reading
Textbook

"The Economics of European Integration" Richard Baldwin and Charles Wyplosz, McGrawhill, 2010.