European Union Economics is the ideal text for students who have not studied this topic before. It requires no specialist knowledge of economics. The new edition continues to favour the economic analysis of public policy over detailed descriptions of EU institutions and history. After a general introduction to the theory of economic integration and the structure and objectives of the EU, there is a review of the problems confronting policy makers, an overview of policy alternatives and actual EU policy as well as a comparison between policy performance and objectives. Boxed material handles some of the more theoretical issues.
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Now in its fifth edition, European Union Economics has been thoroughly revised and updated to reflect a major turning point in European evolution - the completion of the single market monetary unification. Each chapter has been analysed closely and reordered to give prominence to events which have become more significant in the light of European integration after the EMU. This new edition retains the style of previous editions and continues to focus on the economic analysis of public policy rather than detailed descriptions of the European Union and its institutions. In doing so, it continues clearly and accessibly, to provide an ideal introduction for students coming to the subject with little or no prior knowledge.
Features of this edition include:
Theo Hitiris held the Jean Monnet ’European Chair’ in Economic Integration at the Department of Economics, University of York, UK, 1991-2001.
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