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Economics in a European Context
This course is deigned to look at a few topics in depth rather than cover every aspect of the EU. It will require the students to undertake a considerable amount of pre-course reading and activities if they are to derive the greatest benefit from the day.
It will cover in detail the following topics to A2 standard
Background to the EU
~ A brief history of the EU and its institutions
~ The member states and some differences in their economies
~ Advantages and disadvantages of membership of the EU including trade creation and trade diversion
~ The difference between the EU and the Eurozone
The Common Agricultural Policy ~ CAP
An indepth morning on the CAP and its reforms will address the following issues
~ does agriculture need government intervention?
~ a brief history and philosophy of CAP
~ an economic analysis of the previous CAP policies
~ what are the CAP reforms?
~ why are the reforms necessary?
~ what will be the economic and social consequences of the new CAP reforms?
~ have they got the balance right at last?
In the afternoon session, the focus will be on the EU and Externalities
Environmental issues
~ What impact will the EU biofuels policy have for the EU and global economies?
~ What are the strengths and weaknesses of EU CO2 trading scheme?
An to finish if there is time, there may be a short session on the Euro and whether the UK should now consider joining in view of the credit crunch and the UK's current economic situation.
This course is suitable for A2 students taking the following examination papers:
OCR syllabus 7811 / 7812 ~ paper 2888 ~ Economics in a European Context
AQA syllabus 6141 ~ Module 4 ~ Working as an Economist
Edexcel candidates would certainly benefit considerably as the course will analyse the impact of the CAP and environmental policies on the Global economy.
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