Introduction to Institutions and Developments of European Economic and Monetary Union - Einzelansicht

The establishment of the European Economic and Monetary Union (EMU) is one of the most significant aspects of the European integration process. The objective of this course is to gain a deeper understanding of what the EMU is, to investigate the role of core institutions, such as the ECB, the Commission and the role of Member States, and to examine how studying the EMU can contribute to the research of the European integration process. Therefore, the course will discuss interests, institutions and ideas in economic and monetary governance. At the end of this course you will have gained an overview of core concepts in the scholarly political academic and public debates regarding the EMU, its institutions and recent developments (e.g. Banking Union), and an understanding of the relationship of the EMU and the European integration process. Note that the course language is English.

Students are highly recommended to have a look at the following preliminary literature:

Buonanno, Laurie/Nugent, Neill (2013): Policies and Policy Processes of the European Union, Basingstoke: Palgrave, ch. 10, pp. 191-225; on the Economic and Monetary Union (or respective other editions, which you find e.g. under the following library signature: D01 PEN6151(7)_d).

**Some of the discussed aspects are prerequisites for actively participating the course.**

Alternatively, students may consider Wallace/Wallce and Pollack (2005): Policy-Making in the European Union, OUP, ch. 6 on the Economic and Monetary Union, pp. 141-160.

Also, those being especially interested in some (rather short) background reading on more general questions on the linkages of monetary integration and the European economy and society might consider the following post of Andrew Baker (and respective links): http://speri.dept.shef.ac.uk/2016/04/05/what-is-money-for/

For those, being more interested in the economics part, I recommend additionally to the Buoanno and Nugent text the following:

De Grauwe, Paul (2012): Economics of monetary union, Oxford: Oxford University Press.

Further, students might consider the following, more general contributions:

Streeck, Wolfgang (2014)[2013]: Buying Time. The Delayed Crisis of Democratic Capitalism, Verso.

Brecht, Berthold (1956)[1934]: Three Penny Novel ["Dreigroschenroman"], Grove Press.

Students are expected to participate regularly and actively, to read the compulsory texts, and to give a short presentation. Special and/or additional requirements will be discussed in course. Additionally, to pass the course it is obligatory to write a term paper. The latter can be provided in German language too. The course language is English.