Course: Monetary and Fiscal Policies in the EU in English

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Course title Monetary and Fiscal Policies in the EU in English
Course code KEM/AMFEU
Organizational form of instruction Lecture + Lesson
Level of course not specified
Year of study not specified
Semester Winter and summer
Number of ECTS credits 4
Language of instruction English
Status of course unspecified
Form of instruction Face-to-face
Work placements This is not an internship
Recommended optional programme components None
  • Netušilová Pavla, Ing. Ph.D.
Learning outcomes
To teach students how to analyze the aspects of the European integration by means of general economics, namely the impact of the common EU market on a potential product, on gross investment, foreign trade, agricultural production and regional development of the EU member states.
Students are able to: - assess the European process of integration after the World War II until nowadays; - explain how the EU works through knowing about European institutions; - evaluate economic effects of customs union, Single Market and monetary union; - apply essential microeconomic tools and to analyse with them growth effect and factor market integration; - highlight how the EU budgetary procedure is running; - determine criteria of the optimum currency area; - analyse impacts of EU regional and agricultural policy; - identify channels of the single monetary policy; - work in an international teams on economic issues.
The study of this course assumes both basic knowledge about the structure and operation of the European Union and the good command of English (see the syllabus of the preparatory course KEM/ATEU).

Course content
- History, EU Institutions, and Decision Making - The economic tools for impact analysis of European integration - Market scale and scale of economies - Growth effects and Labour Market integration - Competitiveness and Competition in the Single Market - Competitiveness and Growth - Convergence and Regional Policies - Causes and implications of regional disparities in a single market - The Common Agricultural Policy - Financing the EU - Monetary Integration - Economic and Monetary Union - Fiscal Policy in the EU

Learning activities and teaching methods
Lecture supplemented with a discussion, Practicum
  • unspecified - 20 hours per semester
  • Team project (50/number of students) - 17 hours per semester
  • Contact hours - 52 hours per semester
  • Presentation preparation (report in a foreign language) (10-15) - 15 hours per semester
Assessment methods and criteria
Written exam, Report

The course assessment strategy (zápočet): - e-learning test (70% to pass) The course assessment strategy (exam): - active participation in classes; - presentation of the particular topic in a team.
Recommended literature
  • Artis, Michael J.,; Nixson, Frederick. The economics of the European union : policy and analysis. 4th ed. Oxford : Oxford University Press, 2007. ISBN 978-0-19-929896-9.
  • BALDWIN, R., Wyplosz, Ch. The Economics of European Integration. McGraw-Hill Education, 2009. ISBN 9780077121631.
  • McDonald, Frank,; Dearden, Stephen. European economic integration. 4th ed. Harlow : Financial Times/Prentice Hall, 2005. ISBN 0-273-67908-2.
  • Netušilová, Pavla; Hranaiová, Katarína. Monetary and fiscal policies in the EU. Pilsen : University of West Bohemia, 2008. ISBN 978-80-7043-713-1.
  • Senior Nello, Susan. The European union : economics, policies and history. 2nd ed. London : McGraw-Hill, 2009. ISBN 978-0077118136.

Study plans that include the course
Faculty Study plan (Version) Branch of study Category Recommended year of study Recommended semester