IRE301 Economy of European Countries

Code IRE301
Name Economy of European Countries
Status Compulsory/Courses of Limited Choice; Courses of Free Choice
Level and type Undergraduate Studies, Academic
Field of study Economics
Academic staff Ilze Judrupa
Credit points 3.0 (4.5 ECTS)
Parts 1
Annotation Characterization of the economy of European states. Stages of the formation of EU. Division of European states by the level of economical development. Features of groups of different European states and their trends of development..
Goals and objectives
of the course in terms
of competences and skills
The goal is to acquaint students with the models of economic development of European states, trends of current economic development and competitiveness of countries in the global market. The main tasks are the following: • to enable students to understand and analyse factors affecting economic development; • to enable students to understand goals of countries related to the economic policy and the ongoing reforms, to evaluate the influence of economic policy on the economic development of a state; • to enable students to compare the European states by their levels of economic development and to evaluate main advantages and disadvantages of competitiveness of countries.
Learning outcomes
and assessment
Upon completion of the study course, the student is able: 1. To explain factors affecting the economic development of countries and their competitiveness. - Homework assignments
2. To analyse the models of economic development of countries, their features in the largest European countries. - Presentations
3. To calculate main macroeconomic indicators. - Assignments
4. To construct charts and diagrams of the main macroeconomic indicators, to define main problems of economic development of a state. - Assignments
5. To discuss the influence of fiscal and monetary policy on the national economy of states. - Case study
6. To evaluate main advantages and disadvantages of the competitiveness of countries. - Assessment tests

Course prerequisites Peliminary knowledge of macroeconomics is preferred

[Extended course information PDF]