Syllabus

Title
5009 Economic and Fiscal Policy: Economic Liberalization and European Integration
Instructors
Dr. Evgeni Peev
Contact details
  • Type
    PI
  • Weekly hours
    2
  • Language of instruction
    Englisch
Registration
02/01/19 to 02/28/19
Registration via LPIS
Notes to the course
Subject(s) Bachelor Programs
Dates
Day Date Time Room
Monday 03/04/19 10:45 AM - 12:45 PM TC.3.05
Monday 03/11/19 11:00 AM - 01:00 PM EA.6.032
Monday 03/18/19 11:30 AM - 01:30 PM D5.1.001
Monday 03/25/19 11:00 AM - 01:00 PM EA.6.026
Monday 04/01/19 11:00 AM - 01:00 PM EA.6.026
Monday 04/08/19 11:00 AM - 01:00 PM TC.3.03
Monday 05/06/19 10:30 AM - 12:30 PM TC.4.03
Monday 05/13/19 11:00 AM - 01:00 PM EA.6.032
Monday 05/20/19 11:00 AM - 01:00 PM EA.6.032
Monday 05/27/19 11:00 AM - 01:00 PM EA.6.026
Monday 06/03/19 11:00 AM - 01:00 PM EA.6.026
Monday 06/17/19 11:00 AM - 01:00 PM EA.6.026

Contents

The course "Liberalization and European Integration" focuses  on economic liberalization and European integration with a special emphasis on countries in Central and Eastern Europe (CEE). The introductory part of the course gives an overview over state regulation, soft budget constraint syndrome and economic performance in CEE before 1990 to present background on transition. The basic part covers the transition to a market economy since 1990 focusing on: (i) the EU Enlargement policy and other determinants of the liberalization of markets and decreasing the size of the state; (ii) the effects of economic liberalization and size of the state on economic performance; (iii) recent challenges of the global financial crisis on the role of financial deregulation and liberalization on economic performance in Eastern Europe.

Learning outcomes

The course enables students to understand (1) the key economic problems of the state regulation in the socialist system, (2) the policies (EU Enlargement, “Washington Consensus”) for liberalization of markets and decreasing the size of the state, (3) the convergence (divergence) patterns of economic liberalization in the New EU Member States, (4) the effects of these patterns on economic growth and development, (5) the new challenges of the global financial crisis on the role of financial liberalization on economic performance in CEE and other issues of the design of deregulation and liberalization policies. 

Attendance requirements

Attendance is mandatory, max. 2 absences without valid excuse

Teaching/learning method(s)

The course shall discuss variety of theories, empirical evidence and policy debates. 

Assessment

Final test (60%), mid-term test (25%), class participation (15%).

Prerequisites for participation and waiting lists

If you have a valid registration to the lecture, but will not participate, please unregister during the registration period of LPIS. Your place will be availablefor other students.
During the registration period free positions are filled according to the"first-come, first-served“ principle.
After the end of the registration period students on the waiting list will beregistered to the lecture based on their progress in their studies. No registration to the lecture can be guaranteed. Any vacant seats in the classes will only be allocated through the waiting list - neither via email nor by phone or in the 1st course session.

Readings

1 Author: Kornai, Janos
Title:

The Socialist System. The Political Economy of Communism


Publisher: Oxford University Press
Remarks: various chapters
Year: 1992
Content relevant for class examination: Yes
Content relevant for diploma examination: No
Recommendation: Strongly recommended (but no absolute necessity for purchase)
Type: Book
2 Author: Mueller Dennis C.
Title:

Public Choice


Publisher: Cambridge University Press
Remarks: Chapters: 21-22.
Content relevant for class examination: Yes
Content relevant for diploma examination: No
Recommendation: Strongly recommended (but no absolute necessity for purchase)
Type: Book
3 Author: De Haan Jakob , Susanna Lundström and Jan-Egbert Sturm
Title:

Market-oriented Institutions and Policies and Economic Growth: A Critical Survey, Journal of Economic Surveys, 20(2), 2006, p.157-91.


Year: 2006
Content relevant for class examination: Yes
Content relevant for diploma examination: No
Recommendation: Strongly recommended (but no absolute necessity for purchase)
Type: Journal

Availability of lecturer(s)

Unit details

Unit Date Contents
1

Introduction 

 

 

2

The State Regulation in the Socialist System (Part 1) 

 

 

3

The State Regulation in the Socialist System (Part 2) 

4

The European Integration Model of Transition and Economic Liberalization

5

Mid-term test

6

The Size of Government 

 

7

The Size of Government and Economic Performance

8

Economic Liberalization and Economic Growth 

9

Financial Liberalization and Economic Performance: Challenges 

10

Critical Views on Transition Policies

11

Final test

 

12
Last edited: 2019-01-29



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