Economic and Monetary Union

leusl2112  2022-2023  Louvain-la-Neuve

Economic and Monetary Union
5.00 credits
30.0 h
Q1

  This learning unit is not open to incoming exchange students!

Teacher(s)
Language
English
Main themes
This course offers an analysis of the build-up and the functioning of the Economic and Monetary Union (EMU) from two distinct disciplinary perspectives that allows to shed light on both the power struggles between the Eurozone actors and the economic constraints and challenges they are facing.
Learning outcomes

At the end of this learning unit, the student is able to :

1 - Identify and understand the main economic concepts underlying the build-up and functioning of the  EMU.
- Explain the power and institutional dynamics shaping the Eurozone governance.
- Apply economic and political sciences concepts when analyzing contemporary EMU debates and reforms.
- Understand and replicate the strategical behavior of Eurozone actors.
 
Content
The main objectives of this Master course are to explore, from an interdisciplinary perspective, the governance of the Economic and Monetary Union. More precisely, the focus of the course is on the financial and macroeconomic aspect of EMU and addresses the following questions: what are the origins of the Eurozone financial system, how has it evolved since the crisis, what is the real potential for greening European finance, how to understand the mutations of the ECB since its creation, should we worry about public debt...
In order to make the course interactive and to allow students to test their knowledge, they will form groups that will work throughout the semester on a Wikipedia entry on a topic related to EMU. Two sessions of the course will be dedicated to accompanying the groups in their Wikipedia work. In addition, before each class, you must read the required reading and watch the documentary. You must also complete the Wikipedia-related assignments for each course on the Moodle dashboard.
VERY IMPORTANT NOTE: This course is an advanced master's course. It is essential to have a strong background in European political economy or financial macroeconomics in order to follow it (e.g. knowing in detail the role of the Delors Committee in the creation of the Eurozone or knowing how to read the accounting balances of financial institutions) and to have a good command of the English language. In particular, it is highly recommended to have taken the course "European Political Economy" (LEUSL 2031) beforehand. Students who do not have a good knowledge in these areas are invited to choose other courses as part of their elective (i.e. leusl2104 Economic and Monetary Union or LEUSL 2031).
Teaching methods
Aims:
After completing this course, students will be able to:
-        Identify and understand the main economic concepts underlying the build-up and functioning of the  EMU
-        Explain the power and institutional dynamics shaping the Eurozone governance
-        Apply economic and political sciences concepts when analyzing contemporary EMU debates and reforms.
-        Be Wikipedia stars!
Evaluation methods
Grading :
50% of the final notation: Collective Wikipedia assignments (covering the whole process from choosing the topic to peer reviewing other papers to polishing the entry)
50% of the final notation: final personal reflective essay or original essay to be handled online.
In case of a switch to online teaching, the Wikipedia assignments will be held on Teams.
Other information
VERY IMPORTANT NOTE: This course is an advanced master's course. It is essential to have a strong background in European political economy or financial macroeconomics in order to follow it (e.g. knowing in detail the role of the Delors Committee in the creation of the Eurozone or knowing how to read the accounting balances of financial institutions) and to have a good command of the English language. In particular, it is highly recommended to have taken the course "European Political Economy" (LEUSL 2031) beforehand. Students who do not have a good knowledge in these areas are invited to choose other courses as part of their elective (i.e. leusl2104 Economic and Monetary Union or LEUSL 2031).
Faculty or entity


Programmes / formations proposant cette unité d'enseignement (UE)

Title of the programme
Sigle
Credits
Prerequisites
Learning outcomes
Advanced Master in European Business and Economic Policy

Master [120] in Political Sciences: International Relations

Master [120] in European Studies

Master [120] in Public Administration