"European Integration" is an authoritative and accessible guide to the integration process of the European economies, suitable for undergraduate students of economics. It explores the core trade and currency issues and features full coverage of contemporary policy debates and institutional developments. Theoretical models and current approaches are analyzed within the context of the EU experience, using modern tools of economic analysis and up-to-date data. The book begins with an overview of the historical and institutional framework of the European Union and a discussion of the challenges of the recent enlargement. It, then, moves on to the analysis of product and factor market integration, continues with discussion and analysis of macroeconomic policy within EMU - drawing upon some basic principles of game theory - and then examines foreign direct investment and labour migration in the EU. "European Integration" is an ideal core text for intermediate or advanced economics courses on the integration of Europe.
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