Single Market

Name of module

European economic integration: Single Market effects

Target group(s)

Students of economics, social sciences and business administration

Level (Bachelor, Master): Bachelor

Years of study: 3rd

Required knowledge

Basic micro- and macroeconomics

Number of hours (total, % of face-to-face): 120 (50%)

Credits granted: 5

Learning objective(s)

Gain knowledge

a) of the driving forces behind the Single Market of the EU (Maastricht 1992)

b) the four freedoms, their theoretical foundations, impact and shortcomings

c) difficult economic and political issues involved

Be able to handle reasoning based on economic theory and contrast this to empirical results of developments over time

Discover and judge political and societal conflicts involved in enhanced international competition in the EU

Draw prospective conclusions from past developments of the Single Market for recent and future enlargements

 

Content

  • Driving forces in favour of market opening
  • Economic theory
    • Internationalisation, globalisation and EOS
    • Static and dynamic effects
    • Cecchini-Report
  • Main players
    • Round table of industrialists
    • Delors: White book and compromise
    • Maastricht Treaty
    • Deja vue: Lisbon Agenda 2010
  • The four freedoms
  • Trade
    • From customs union to Single Market
    • Obstacles and trade-enhancing mechanism
    • Evaluation of the trade effects
  • Services
    • Privatisation and services of general public interest
    • The Bolkestein-Directive
  • Free movement of capital
    • Dunnings OLI-paradigm
    • Patterns and effects of FDI within the Single Market
    • New protectionism, industrial policy and nationalist sentiment
  • Free movement of people
    • Typs of migration
    • Short- and long-term effects of labour migration
    • The labour migrant: An endangered species?
    • Lessons from restrictions of free movement
  • Freedom of establishment
  • High expectations – modest effects: The 1996 evaluation
  • What role do enlargements play for the Single Market?
    • The 2004 round of ten new members
    • Bulgaria and Romania
    • Is Turkey different?

Teaching methods

  • Lecturing (economic theory and Maastricht Treaty)
  • Presentation by students
  • Case studies (Selected empirical material on trade market in segments, FDI and pairs of countries)
  • Group discussion
  • Role play (optional)

Material, sources, literature

please refer to www.brasche-europa.de for material

Main author of the module

FH Brandenburg/Germany, Ulrich Brasche

Co-operating authors

 

Status of work (a) First draft b) Work in progress c) tested and finalised d) published)

c)

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