Europe is a fascinating continent, but it is not easy to understand. The European economy is a market economy, but it has a huge social superstructure. The European Union is a democracy, but its organization in different levels (the Union, the different Nation-States of various sizes and cultures, a great number of Regions) has no equivalent. The monetary union is an ambitious project but it faced a severe financial crisis. How does Europe work? What is its role in world affairs? What is the future of Europe?
- History of European integration, institutional and political architecture (2 sessions)
- Comparison between the political economies of the US and the EU (2 sessions)
- The European Monetary Union (EMU), origins and achievements until the sovereign debt crisis.
- The sovereign debt crisis and the governance of the EMU (2 sessions)
- The future of the European Union.
The course is action-oriented. It will be divided into lectures, with the aim of building a strong background regarding facts, institutions and data; a complete set of Power Point presentations will be available. More interactive moments will offer students opportunities to be involved in real issues of present interest (memos addressed to the finance Minister, academic or public debates on policy issues, and so on).
Jacques Mistral is a French Professor of economics with a wide international experience in the public as well as the private sector. He is a senior fellow of the Brookings Institution in Washington, DC; a special advisor to the French Institute of International Relations (IFRI-Paris); and a visiting professor to the Harvard Kennedy School and to Nanjing University.
Evaluation will be based on participation (1/2) and a written exam (1/2).
Must have already taken ECON 101 & 102. LSA Honors students who have taken ECON 101 and 102 must email firstname.lastname@example.org to request a permission before adding the course.
Lecture and discussion. The course will start on Wednesday, October 16th and the exam will take place on Wednesday, November 13th.