Course is an overview of the economics of the European Union, focusing on issues relating to the process of economic integration. The course will cover main issues related to common markets, single currency areas, integration and competition, and will concentrate on a number of key economic issues which are of interest to economic agents and policymakers in the EU. Beside the historical development of the EU, the main areas of interest will be the key figures that govern political and economic processes in the EU; the process of market integration; the rational behind the creation of a monetary union; structure and functions of the European budget; social policy in the EU, with special emphasis on the employment policy; environmental policy; common agricultural policies; the external trade policy of the EU, etc