Faculty of Economics and Political Science Faculty of Economics & Political Science Cairo University EuroMed Programme EU Policies EU Economic Policies Prepared by Ehab Shalaby, PhD Faculty of Economics and Political Science EUROMED Prog. Cairo University April 2015

About the lecturer Dr. Ehab Shalaby

About the course The Overall EUROMED Prog. Objectives. The EU Policies Course Objectives. Previous Curriculum developed by P.Dr. A. GHONEM EU Policies Course at the institute of European studies at the university of Vrije Brussels. Consultation with Prof. Dr. Roland F. the deputy director at the center for European studies in Brussels. Consultation With Marina Alfons. A current MASTEUOROMED.

About the course aims and objectives Why ? Impact; To Enhance Economic Cooperation Between Egypt and the EU. How ? Output ; Understanding and Analyzing the EU Economic Particulars and dynamics. Understanding and analyzing the EU key Economic Interests, Motivations, Ideas and Values. Analyze current cooperation dynamics and forecast future cooperation potential .

About the course aims and objectives Outputs : Understanding of the EU Integration from a Political Economy perspective. Understanding Key EU Economic institutions, strategies and policies. Analyzing current and Future Economic Challenges Facing the EU. Understanding and analyzing EU international economic relations. Understanding and analyzing current Egypt-EU relations and future cooperation potentials.

Sources and References About the course content Sources and References Process Input Lecture notes Lecture notes, text book and digital resources. Text book, articles Strategy papers, European SD network Lecturer Lecturer & Students Basic Macroeconomic Concepts. 2. Basic Facts about current and Future EU Economic landscape. 3. EU History and institutions. 4. EU SD Strategy 2050 Lecture notes, text and articles. Text book, lecture notes and articles. Strategy papers and articles. Students 5. Common policies 6. EU Monetary policy and institutions. 7. EU Fiscal Policy and growth and stability pact & Juncker’s investment plan .

Sources and References About the course content Sources and References Process Input Articles , papers, Guest Speakers. Articles Articles, strategy papers Lecturer Lecturer &Guests 8. Current and future challenges Future of Euro zone Greece , UK & Catalonia. Completing the single market; Creating a single digital market; Energy union 9. International trade agreements promoting growth, (TTIP) with the US Strategy papers, articles Student inputs Lecturer & students Students 10. EGYPT-EU Relations. A Partnership for Democracy And Shared Prosperity With the Southern Mediterranean Future cooperation potentials

Overall grading scale: 0 -100 EU economic policies G.S: 0 - 50 Grading Method Overall grading scale: 0 -100 EU economic policies G.S: 0 - 50 Final Paper Exam: 35 points Participation and presentations: 10 points Written paper : 5 points

1. Basic macroeconomic concepts GDP & GDP per capita Aggregate Demand Aggregate Supply National income Balance of Payment Budget surplus and deficit Fiscal policy Monetary Policy Inflation & Recession (gaps) Unemployment

Circular flow of income and expenditure

Figure 2.1 population of the EU, its constituent members, and selected other ‘major’ economic, 2005 Source: Eurostat, world Development Indicators

Figure 2.2 Current and projected EU old age Dependency ratios

Figure 2.3 gross domestic product, at current market prices, evaluated at current exchange rates, in the Eu and selected other major economies, 2005 (billion Euros)

Figure 2.4 Gross National Income and Gross Domestic Product, at current market prices, evaluated at current exchange rates, for the economies in the EU, 2005 (billion Euros)

Figure 2.5 GDP at current market prices, evaluated at current exchange rates, and in PPS, EU Member states, 2005 (billion Euros

Figure 2.6 GDP per capita at current market prices, evaluated at current exchange rates, and in PPS, EU member states, 2005 (Euros)

Figure 2.7 growth in aggregate and in per capita GDP, EU member states, 1996-2005

Figure 2.8 income inequality, EU member states, 2003 (ratio achieved by deciding the total income received by the top-earning 20 per cent of the population by that received by the lowest-earning 20 per cent in each member state)

Figure 2.9 gross value added, agriculture, EU member states, 2004

Figure 2.10 gross value added, industry (including energy), EU member states, 2004

Figure 2.12 standardized unemployment rate, EU member states,2005

Figure 2.13 EU merchandise imports and exports, 2005 (billion Euros)

Figure 2.14 the world’s top ten merchandise traders, 2005 (billion Euros)

Figure 2.15 the EU’s top ten sources of imports (billion Euros),2005

Figure 2.16 the EU’s top ten export partners (billion Euros) , 2005

Assignments 1. Updating the EU fact figure to 2014 Sources: www.euobserver.com www.euractiv.com www.bbc.com/news/world/europe/ www. Europa.eu 2. Preparing for the second lecture: EU history and institutions: Text book chapter 1: distributed by Article: What Is European Integration Really About ? A Political Guide for Economists* Enrico Spolaore Tufts University, NBER, CESIfo and CAGE June 2013

Thank you