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The Euro was first adopted as a currency in 1999, but what impact has it had on the European economy? This course, Managing the European economy after the introduction of the Euro, looks at the key developments in the economy since that date and examines the challenges of economic policy formation and governance of the EU's expanding economy.
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Introduction
This course focuses on key developments in the economy of the European Union (EU) since the advent of the Euro in 1999. Further, it concentrates on the challenges this has posed for economic policy formation and the governance of the EU's expanding economy. One of the central features of the post-Maastricht governance environment is the attempt to create a ‘single market in services’ for Europe. If the 1990s was the decade of the ‘single market programme’ (SMP) which concentrated on the integration of product markets, then the 2000s promise to be the decade of an equivalent attempt to create a single market for professional, financial and other services, and for capital flows.
This course provides a sample of Level 1 study in Geography.Course learning outcomes
After studying this course, you should be able to:- Appreciate the importance of the Euro-zone economy as a player in the international economic system
- Recognise the importance and role played by the European Central Bank in the conduct of Euro-zone monetary policy
- Understand the relationship between monetary policy and fiscal policy in the management of the European economy
- Reflect on the consequences of Euro-zone enlargement for the conduct economic policy in the EU states.
