ECO 4412 The ECONOMICS OF INTEGRATION and eu

1. ECO 4412 The ECONOMICS OF INTEGRATION and eu Doç.Dr. Pınar NARİN EMİRHAN

2. COURSE OBJECTIVE • The objective of this course is to introduce the students the types of economic integrations and to analyze the effects of economic integration on integrating countries. • International Economic Integration is the institutional combination of seperate national economies into larger economic blocks or communities, in order to promote efficiency in resource use on a regional basis.

3. ASSESSMENT • Midterm Exam : 40 % • Research Paper and Presentation : 60 % • Total : 100 %

4. TEXTBOOK • Baldwin, R. And Wyplosz, C. (2006) The Economics of European Integration, Second Edition, McGraw Hill. • Robson, Peter (2000) The Economics of International Integration, Fourth Edition, Routledge: London. • Additional readings/articles.

5. TENTATIVE COURSE PLAN

6. RESEARCH TOPICS Only suggestions not limited to these subjects! • 1. Understanding Globalization • Why globalization accelarated after 1990’s? • Do globalization and economic integrations contradict? • Why some economic integrations fail? • 2. Tax harmonization in the EU • Value added tax (VAT): source vs. destination principle • Measures and proposals in the area of corporate taxation • The Stability and Growth Pact and the coordination of macroeconomic policy • 3. The EU budget and fiscal transfers • Revenues • Expenditures • Net-payer positions

7. RESEARCH TOPICS • 4. Agricultural subsidies and policies in the EU • Price support • Set aside • Output subsidies • Income subsidies • Renewable resources and the future of agriculture • 5. Cohesion (regional) Policy • Objectives, instruments and principles of regional policy • Structural funds and their effects • Changes introduced by Agenda 2000 • Effectiveness of EU cohesion policy • 6. Monetary Integration in the EU • Why monetary integration? • The development of monetary integration in the EU • The theory of optimum currency area

8. RESEARCH TOPICS • 7. Single European Market • Movement of capital • Movement of labor • 8. Competitiveness in the EU • Industry policy • The ‘Lisbon Strategy’ • The EU in the world economy; International competitiveness of the EU • Current economic problems of the EU (ageing societies, financial markets, etc.) • 9. Enlargement of the EU • Enlargement process • Economic consequences of the Eastern enlargement • 10. Understanding Turkey’s Relations with EU • History • Current situation • 11. Customs Union Between Turkey and EU • Costs vs. benefits

9. RESEARCH Groups • Each week 2/3 groups will present their papers. • Students must send to the lecturer (pinar.emirhan@deu.edu.tr) their powerpoint presentations at least 3 days prior to their presentations, otherwise 5 points will be deducted from their presentation grades. • The deadline for paper submission is January 11, 2013. • Papers will be submitted in both printed form and in a CD. (All papers will be uploaded to TURNITIN.)

10. RESEARCH Groups • Each group will choose a subject from the list provided and will prepare a 20/30 minute presentation. • During the presentation, the groups can use any technical presentation aid they consider necessary (projector, PowerPoint, internet-based material, song-and-dance, etc.), providing this does not distract the audience from the points made and the facts presented, and do not extend the presentation to beyond 20/30 minutes. • The presentation should be fact-based and well organized. Each presentation must conclude by drawing contending interpretations, highlighting the signification of the issue, presenting their opinion on the issue, etc. • Each presentation will be followed by a 10/15 minute comments and question session involving the other students. Everybody will have to comment, question or add to the presentation.