Universität Wien
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210122 SE M5: EU and Europeanisation (2020S)

The Economic and Monetary Union of the EU

9.00 ECTS (2.00 SWS), SPL 21 - Politikwissenschaft
Continuous assessment of course work

Eine Anmeldung über u:space innerhalb der Anmeldephase ist erforderlich! Eine nachträgliche Anmeldung ist NICHT möglich.
Studierende, die der ersten Einheit unentschuldigt fern bleiben, verlieren ihren Platz in der Lehrveranstaltung.

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Plagiierte und erschlichene Teilleistungen führen zur Nichtbewertung der Lehrveranstaltung (Eintragung eines 'X' im Sammelzeugnis).
Moodle

Registration/Deregistration

Note: The time of your registration within the registration period has no effect on the allocation of places (no first come, first served).

Details

max. 45 participants
Language: English

Lecturers

Classes (iCal) - next class is marked with N

  • Wednesday 11.03. 08:00 - 09:30 Hörsaal 2 (H2), NIG 2.Stock
  • Wednesday 18.03. 08:00 - 09:30 Hörsaal 2 (H2), NIG 2.Stock
  • Wednesday 25.03. 08:00 - 09:30 Hörsaal 2 (H2), NIG 2.Stock
  • Wednesday 01.04. 08:00 - 09:30 Hörsaal 2 (H2), NIG 2.Stock
  • Wednesday 22.04. 08:00 - 09:30 Hörsaal 2 (H2), NIG 2.Stock
  • Wednesday 29.04. 08:00 - 09:30 Hörsaal 2 (H2), NIG 2.Stock
  • Wednesday 06.05. 08:00 - 09:30 Hörsaal 2 (H2), NIG 2.Stock
  • Wednesday 13.05. 08:00 - 09:30 Hörsaal 2 (H2), NIG 2.Stock
  • Wednesday 20.05. 08:00 - 09:30 Hörsaal 2 (H2), NIG 2.Stock
  • Wednesday 27.05. 08:00 - 09:30 Hörsaal 2 (H2), NIG 2.Stock
  • Wednesday 03.06. 08:00 - 09:30 Hörsaal 2 (H2), NIG 2.Stock
  • Wednesday 10.06. 08:00 - 09:30 Hörsaal 2 (H2), NIG 2.Stock
  • Wednesday 17.06. 08:00 - 09:30 Hörsaal 2 (H2), NIG 2.Stock
  • Wednesday 24.06. 08:00 - 09:30 Hörsaal 2 (H2), NIG 2.Stock

Information

Aims, contents and method of the course

The Economic and Monetary Union (EMU) is one of the most ambitious projects of the European Union (EU). In the form of its common currency, the euro, it is also one of the most salient projects in the EU, as it is omnipresent in the everyday life of its citizens. Given its distributional consequences, however, EMU is also one of the most controversial EU policies, fiercely discussed by both academics and the public.
This course helps students understand the institutional design and the politics of EMU. How did EMU come about? Why did it get into the euro crisis, and how was the crisis managed? Who has the power to decide and what are the major conflict lines? Why do we distinguish between so-called “creditor” and “debtor states”? How is EMU legitimized and who can hold it accountable? What are the current reform proposals, and how do future scenarios look like?
By working on these and other questions, the course participants acquire basic facts and specialist knowledge about the functioning of EMU. After the course, students shall thus be able to understand the political processes and conflict lines underlying the governance of the ‘euro’. What is more, they should be well equipped to analyse the policy and politics of EMU as well as to evaluate current proposals for the pending EMU reform.

Assessment and permitted materials

Coursework includes three assignments:
1) One literature response paper of 1,5 – 2 pages (min. 750 – max. 1.000 words) summarizing and discussing one article or book chapter from the reading list. The response paper needs to be uploaded on Moodle at the latest 24 hours before the respective session.
2) One individual presentation (10 minutes) or participation in a group presentation (10 minutes each): individual presentations may refer to only one article or book chapter from the reading list of the respective session; group presentation refer to the topic of an entire session and thus take into account all the relevant readings. The presentation cannot be given in the same session in which the response paper is submitted.
=> AS LONG AS HOME-LEARNING CONTINUES, PRESENTATIONS ARE SUBSTITUTED BY LITERATURE SUMMARIES (DETAILS ON MOODLE)
3) One term paper of 3.000 words (+/- 10%) building on the presentation topic and relating it to the course objectives. The term paper must be submitted after the end of the course and no later than three weeks after the last session, i.e. 15 July 2020. Nonetheless, students are strongly encouraged to start the work on their term paper already during the course.
4) IN ORDER TO ASSESS LEARNING OUTCOMES DURING THE HOME-LEARNING PHASE, THERE WILL BE AN INTERMEDIATE ONLINE TEST (DETAILS ON MOODLE)

Minimum requirements and assessment criteria

This course requires regular attendance, weekly readings, active participation and the above mentioned oral and written assignments. Regular attendance is mandatory, especially attendance of the first session is indispensable. No more than two sessions may be missed. Submissions of each assignment in time is mandatory, submissions after the deadline count as no submission. In order to pass the course, all assignments must be submitted in time and obtain a positive assessment. Students may also be asked to attend public academic events relevant to the seminar topic.
Evaluation:
- 30% response paper
- 30% presentation (15% AS SUBSTITUTED BY LITERATURE SUMMARY)
- 15% ONLINE TEST
- 40% term paper
- Participation can tip the scale if the final evaluation stands between two grades
- For a positive overall assessment, each of the three assignments needs to be assessed positively

Plagiarism: It goes without saying that plagiarism is unacceptable. Plagiarized assignments count automatically as no submission and therefore lead to final grade 5 of the entire course. The seminar instructor reserves the right to approach the Studienprogrammleitung (SPL) for further steps in case of plagiarism.

Examination topics

Readings and information provided on syllabus and in class.
SEE MOODLE

Reading list

Chang, Michele (2016): Economic and Monetary Union, London: Palgrave.

Hodson, Dermot (2015): ‘Policy-Making under Economic and Monetary Union’, in: Wallace, Helen, Pollack, Mark A. and Alasdair R. Young (eds), Policy-Making in the European Union, 7th ed., Oxford: Oxford University Press, 166-195.

Verdun, Amy (2019): ‘Economic and Monetary Union’, in: Cini, Michelle and Nieves Pérez-Solórzano Borragán (eds), European Union Politics, 6th ed., Oxford: Oxford University Press, 343-357.

Schelkle, Waltraud (2018): ‘The Political Economy of Monetary Solidarity: Revisiting the Euro Experiment’, Wirtschaft und Gesellschaft 44:3, 371-403.

Hodson, Dermot and Puetter, Uwe (2019): ‘The Euro Crisis and European Integration’, in: Cini, Michelle and Nieves Pérez-Solórzano Borragán (eds), European Union Politics, 6th ed., Oxford: Oxford University Press, 389-405.

Dyson, Kenneth (2017): ‘Playing for High Stakes: The Eurozone Crisis’, in: Dinan, Desmond, Nugent, Neill and William E. Paterson (eds), The European Union in Crisis, London: Palgrave, 54-76.

Frieden, Jeffry and Walter, Stefanie (2017): ‘Understanding the Political Economy of the Eurozone Crisis’, Annual Review of Political Science 20:1, 371-390.

Association in the course directory

Last modified: Mo 07.09.2020 15:21