The European Union

The American College of Greece

Course Description

  • Course Name

    The European Union

  • Host University

    The American College of Greece

  • Location

    Athens, Greece

  • Area of Study

    Economics, European Studies

  • Language Level

    Taught In English

  • Prerequisites

    EC 1000 Principles of Microeconomics
    EC 1101 Principles of Macroeconomics
    EC 3270 Managerial Economics 

  • Course Level Recommendations

    Upper

    ISA offers course level recommendations in an effort to facilitate the determination of course levels by credential evaluators.We advice each institution to have their own credentials evaluator make the final decision regrading course levels.

    Hours & Credits

  • US Credits

    3
  • Recommended U.S. Semester Credits
    3
  • Recommended U.S. Quarter Units
    4
  • Overview

    DESCRIPTION: 
    The political and institutional framework of the European Union. The Union's agricultural, industrial, social, monetary and regional policy. Theory and practice of economic integration.

    RATIONALE: 
    The course provides a better understanding of the EU. It relates to other courses in Economics through the prerequisites and other additional material. It complements courses related to the EU offered by the School of Business Administration.

    LEARNING OUTCOMES: 
    As a result of taking this course, the student should be able to:
    1. Analyze the trade-creating and trade-diverting effects of a customs union.
    2. Demonstrate detailed knowledge of the distributional and efficiency effects of factor mobility.
    3. Analyze the impact of market integration on various market structures.
    4. Identify the advantages and disadvantages of a common currency.
    5. Critically evaluate the microeconomic policies of the EU.
    6. Critically evaluate the macroeconomic policies of the EU.

    METHOD OF TEACHING AND LEARNING: 
    In congruence with the learning and teaching strategy of the college, the following tools are used:
    - Classes consist of lectures and class discussions of recent articles in economic journals assigned by the instructor.
    - Office hours: students are encouraged to make full use of the office hours of their instructor, where they can ask questions and go over lecture material.
    - Use of a blackboard site, where instructors post lecture notes, assignment instructions, timely announcements, as well as additional resources.