Course ID 17MST01
Programme
  • International Business and Finance
ESPB 8
Number of classes 3+3
Semester 1
Status Core
Course objective is that graduated vocational economists deepen and concretize knowledge about the development and functioning of the European Union, bearing in mind the current enlargement processes, but also the withdrawal of Great Britain from the Union. Considering the diversity of economic, industrial, fiscal, trade, social and other policies in the EU, it is necessary to gain a better insight into the rules and legislation through which they function. A very important role should also be given to the possibility of using pre-accession funds for domestic companies, policies of good neighborly relations, as well as quotas and other restrictions that must be respected in business with the EU.
After this course, students will, first of all theoretically, and then practically be able to understand and apply the rules of business in different spheres of the EU. There are many areas, dimensions and directives that can make it difficult, but at the same time facilitate the operation of domestic companies with the EU. Students will gain knowledge in the field of common agricultural policy, competitiveness, fiscal, transport, energy and regional EU policies. Students will be trained to facilitate complicated business transactions with EU companies, but also to apply for funds from pre-accession funds of the Union.
Theoretical training
• Competition policy.
• Common agricultural policy (goals, implementation, subsidies, protectionism, funds).
• Trade policy and policy of international economic cooperation (trade relations within the countries of the Union, as well as with the USA, China, Russia, Japan, developing countries).
• Eurozone and its significance (introduction, implementation and difficulties).
• Fiscal integration (tax principles, corporate taxes, indirect and direct taxes, value added tax).
• Energy policy.
• Labor mobility in the EU.
• Regional policy (regional differences in member countries development, North-South relationship).
• EU enlargement (conditions, political and economic effects).
Practical training
• Analysis of case studies and concrete examples from practice.
Baldwin, R., & Wyplosz, C. (2010). Ekonomija evropskih integracija, 3. izdanje. Beograd: Data status.

Jones, E., Menon, A., & Weatherill, S. (2013). The Oxford Handbook of the European Union. Oxford: Oxford University Press.

Damnjanović, J., i Đurić, D. (2013). Međunarodna ekonomija. Novi Sad: Alfa-graf NS.

Jovanović, M. (2013). The Economics of European Integration, Second Edition. Cheltenham: Edward Elgar.
Theoretical training • Competition policy. • Common agricultural policy (goals, implementation, subsidies, protectionism, funds). • Trade policy and policy of international economic cooperation (trade relations within the countries of the Union, as well as with the USA, China, Russia, Japan, developing countries). • Eurozone and its significance (introduction, implementation and difficulties). • Fiscal integration (tax principles, corporate taxes, indirect and direct taxes, value added tax). • Energy policy. • Labor mobility in the EU. • Regional policy (regional differences in member countries development, North-South relationship). • EU enlargement (conditions, political and economic effects). Practical training • Analysis of case studies and concrete examples from practice.
Assessment (maximum number of points 100)
Exam Requirements 55 points Final exam 45 points
Attendance 5 Written exam 45
Ongoing assessment 10 Oral exam
Class participation 30    
Practice: 10    
Array, Array

Practice classes