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Economics of EU Integration Lecture 5

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Assuming an EMU, what are the economic effects of one? We saw last week that the EU was almost certainly not and OCA, yet the EU exists as a functioning currency area. What are the likely effects of this on growth amongst member states? We developed the canonical model used to describe economic [...]

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Economics of EU Integration Lecture 11

This is the last lecture of the course. We’ll look at Ireland in the EU, and do a recap of the course. 
 
Most Irish people drive past the blue signs along new roads up and down the country, indicating that “This project was co-financed by the EU”.  Since joining in 1973, the difference between what Ireland [...]

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Economics of EU Integration Lecture 10: Political Economy of Enlargement

In this lecture, we will introduce students to the institutional, legal and political context of enlargement within the EU, and preview and examine the fifth enlargement’s likely effects. We will examine the preconditions for reform, and develop a simple model of development, trade policy, and mobility.
Over the weeks we’ve seen a series of increasingly analytical approaches to exploring [...]

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EC4333 Lecture 9: Inequality in the EU

We have seen how the EU has affected economic growth and development across the EU in previous lectures. In this lecture, we will examine how the EU affects the social fabric of its constituent societies, through a series of cohesion funds. We will look at the definitions of inequality in the economics literature, develop some [...]

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Economics of EU Integration Lecture 8: Industrial Policies in the EU

Competition policy was developed as an essential part of the integration process, both in the Treaty of Paris, establishing the European Coal and Steel Community, and in the Treaty of Rome. Competition policy is aimed at preventing distortions in competition caused either by private firms, or by government actions. EU competition policy is complementary to [...]

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Economics of EU Integration Lecture 7: The CAP

The Common Agricultural Policy is a source of much contention in Europe and in the world because of its size, budgetary implications, and redistributive effects. It was a key feature of the recent Doha Development Round of trade talks. Read more about the CAP by downloading this .pdf from the EU. Here is an excellent [...]

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Lisbon Treaty and Energy Security

 
EC4333 students, click here to read an article describing the Lisbon treaty’s possible effects on energy security in the EU. From the article: 
A wider and deeper understanding of this state of affairs on the part of the citizens of Europe and their respective member states and the urgent need for the EU to address this [...]

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EC4333, Economics for Business, Lecture 3: Trade, Economic and Monetary Union

The last two lectures (watch them here and here) looked at the history and structure of the EU up to the Lisbon Treaty. We also began talking about trade creation and trade destruction. The purpose of this lecture is first, to finish off the theory of trade, and look at some data regarding trade integration [...]

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EC4333, Economics of EU Integration: What was the Lisbon Treaty, Why did it Matter, and Why did it Fail?

Lisbon 2008: What was it, was did it mean, and why did it fail?    
This lecture traces the history of the EU’s development through its treaty structure from the Treaty of Rome to the Treaty of Nice, and spends a large portion of the lecture focusing on the Treaty of Lisbon, which the Irish electorate [...]

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EC4333 Lecture 1: Defining Integration

First, we’ll go through the course outline in some detail. Housekeeping over, we’ll head straight into talking about the economics of European Integration. Click below for lecture notes, the handout, and the slides for the first lecture.

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