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An Economic Analysis of the Eu

Jørgen Drud Hansen, Jørgen Ulff‐Møller Nielsen

Abstract

Economic Integration in Europe. The Traditional Theories of Customs Unions and Single Commodity Markets. New Trade Theories and the Integration of Commodity Markets. Common Market Theory. Dynamic and Spatial Effects of Integration. Microeconomic Policies. Monetary Integration Theory. Economic Policy in a Monetary Union. Monetary and Fiscal Policy in the Maastricht Treaty. The Process Towards a European Monetary Union.

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Key concepts: Economic and monetary union, Maastricht Treaty, Economics, Single market, Economic integration, Commodity, International economics, Economic union