International Summer Program

Economic Policy of collaboration in Europe towards monetary and political Union – June 6 – July 28, 2006 (48hs)

  Duration: This course is taught in English from Monday to Thursday
  Location: Room 45.2.103 (University West)
  Time: Monday, Wednesday and Thursday 2 – 4 p.m., Tuesday 3 – 5 p.m.

Part II

European Institutions, EU policies, economic and monetary process

You will get insights into the process of reconstruction and economic development in the decades after the World War II and the background of the shaping and development of European Institutions (Commission, Council, Parliament and Court). In addition we will discuss the interaction of the European Union with the member states and the Eastern enlargement of the Community. The second aim will be the establishment of the economic and monetary integration. Special insights into the bank and law system complete this part. A written exam will conclude this part of the course.

Further Information about the other parts of the course is available at the International Office.

 

 

topic

name

Mo, June 26

Introduction

Tina Baur, Johanna Söhnchen, Matthias Kirbach

Tue, June 27

European Union: An Overview

Prof. Smolny

Wed, June 28

Economic Integration

Matthias Kirbach

Thu, June 29

Technological collaboration: The Airbus case

Michael Alpert

Mo, July 3

Germany - An Introduction

Kai Kohler

Tu, July 4

Germany - From Cold war to the Breakdown of the Iron Curtain

Prof. Smolny

Wed, July 5

The System of Institutions within the EU

Oliver Schnell

Thu, July 6

Eastern enlargement and reform discussion

Christine Brandt

Mo, July 10

Monetary Integration

Matthias Kirbach

Tue, July 11

ECB & Fed - A comparison

Christine Brandt

Wed, July 12

A comparative analysis of the legal and banking system

Peter N. Posch

Thu, July 13

Final Session

Prof. Smolny

Thu, July 20

Written Examination

 

  

1. Introduction

Tina Baur, Johanna Söhnchen, Matthias Kirbach

Journey through Europe

We will provide students with basic information about the members of the European Union, e.g. culture, sights, languages, geography.

 Links:  http://www.europa.eu.int
           
http://www.eurunion.org

Presentation

 

 2. European Union: An Overview

Prof. Dr. Werner Smolny

From Reconstruction to Economic, Monetary and Political Integration

We will give an introduction to the process of European Integration, starting at the end of World War II and ending with future perspectives. Since the speaker is an economist, the focus will be on economics.

 Links:  CIA World Factbook, European Union

            http://www.cia.gov/cia/publications/factbook/ -> European Union
           
The Web-Site of the European Union
           
http://europa.eu.int/abc/index_en.htm

Presentation         Print Version

 

3. Economic Integration

Matthias Kirbach

The aim of this session is to provide students with an analysis of the theory of economic integration within the European context. It will provide an understanding of basic objectives and the structure of the process of economic integration in Europe. Main elements of this session are:

·         A discussion of the motives, aims and forms of integration

·         A detailed explanation of the different levels of the integration process (free trade area, customs union, common Market, economic union, political union)

·         Effects of economic integration (static and dynamic) and benefits of a single market and a discussion of the internal market

 Links:   http://www.europa.eu.int

Presentation

 

4. Technological Collaboration: The Airbus case

Michael Alpert

The Airbus case explains how industrial policy could be organized in high technology sectors. Beside facts about the commercial aircraft industry and a view at the unique history of Airbus, the students should get familiar with the strategic trade policy. The effects of the theory will be illustrated with the ongoing trade dispute in the commercial aircraft industry between the US and Europe.

 Links:  http://www.asd-europe.org/
            http://www.aia-aerospace.org/

Presentation

 

5. Germany - An Introduction

Kai Kohler

This lecture provides information for a more detailed discussion of the German development during the last decades. It gives basic facts about the country, the political issues and the political system. Students should be enabled to understand and characterize current developments in Germany.

 Links:    http://www.tatsachen-ueber-deutschland.de/

Presentation        Print Version

  

6. Germany - Form Cold War to the breakdown of the Iron Curtain

Prof. Dr. Werner Smolny

Form Cold War to the breakdown of the Iron Curtain

We will give an overview of the development in Germany in the last 60 years. Starting from reconstruction after World War II, we go ahead with a discussion of the development in West and East Germany before and after German unification.

 Links:  CIA World Factbook, Germany

            http://www.cia.gov/cia/publications/factbook/ -> Germany
                       
The Web-Site of the German Government
                        http://www.bundesregierung.de/en

Presentation        Print Version

 

7. The System of Institutions within the European Union

Oliver Schnell

This lecture should make the students familiar with the fundamental organs of the EU. In addition to their composition and other basic facts, responsibilities of each institution as well as their interaction (e.g. in the decision-making process) will be clarified. The talk will give an understanding of what major changes (improvements?) Europe’s Constitution may come up with.

 Links:  http://europa.eu.int/institutions/index_en.htm
            http://www.euabc.com/
            http://www.richardcorbett.org.uk

Presentation

 

8. Eastern enlargement and reform discussion

Christine Brandt

After a description of the process of the enlargement we will discuss the ability to act and the decision-making in an EU with 25 member states. Furthermore we will consider the democratic legitimization of the EU and the interrelated question of European identity.

 Links:  http://europa.eu.int/comm/publications/booklets/move/41/index_en.htm
             http://europa.eu.int/scadplus/european_convention/index_en.htm

Presentation

 

9. Monetary Integration

Matthias Kirbach

The aim of this section is to discuss the theory of monetary integration within the European context and to provide an understanding of the main macroeconomic costs and benefits of a monetary union. The main elements of this session are:

·         The European Monetary System (basics and historical background)

·         Stages of the European Monetary System and its assessment

·         A discussion of costs and benefits of a single currency

·         Theory of optimum currency areas and its application to the European Union

·         A discussion of the convergence criteria and perspectives of the Monetary Union

 Links:  http://www.ecb.int/home/html/index.en.html

Presentation

 

 10. ECB & Fed - A comparison

Christine Brandt

The aim of this session is to provide students with information about the Monetary Institutions in the European Union and the United States. We will compare the different strategies of monetary policy and search for an explanation of these different strategies.

 Links:  http://www.ecb.int/home/html/index.en.html
             http://www.federalreserve.gov

Presentation

 

 11. A comparative analysis of the legal and banking system

Peter N. Posch

Short description:

·         What are the main differences in the legal system and the banking system between the US and the EU with focus on:
central banks, supreme courts and constitutions?

·         What economic influence do the differences have and how does that influence the macroeconomic situation?

·         What is to be expected in the future? Will there be a convergence of system or will the gap increase?

 

 Links: http://www.statewatch.org/
            http://www.ecomleb.org/lebanon/laws/countries_selection.asp
            http://www.cia.gov/cia/publications/factbook/geos/ee.html
            http://www.auswaertiges-amt.de/www/en/laenderinfos/laender/laender_ausgabe_html?land_id=188

            http://www.welt-in-zahlen.de/laenderinformation.phtml?country=228
            http://www.ojp.usdoj.gov/bjs/
            http://www.useu.be/

Presentation

 

12. Final Session

Questions to control your knowledge

 

13. Written Examination