Početna Undergraduate StudiesInternational RelationsFourth year of studies – European IntegrationInternal Market of the European Community

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Internal Market of the European Community

  • Study programme/study programmes: International Studies – module European Integration
  • Type and level of studies: Undergraduate academic studies
  • Name of the course: Internal Market of the European Community
  • Teacher (Surname, middle initial, name): Prof. Branko A. Vasiljević
  • Status of the course: Compulsory
  • Number of ECTS: 6
  • Teaching methods: Lectures, writing of individual seminar papers
  • Number of classes: 3+1

Aim and outcome of the course

The subject matter of the course is studying of theoretical basis, historical development, institutions, policies and processes related to the internal market of the European Union. It analyzes the path of market integration from customs union, through joint market, to the common market of the Union. It points to institutional bases of the common market, such are “four freedoms”, provision of action of free competition and removal of distortions at the market. It presents the bases of formulation of common sector policies and analyzes basic policies. Particular attention is paid to harmonization of fiscal policies which provides for an undisturbed action of common market, as well as to external trade policy of the Union.

The aim of the course is mastering theoretical and practical knowledge of situation and developmental perspectives of the EU internal market.

The course enables both analysis of market processes in the European Union and the capacity of establishing practical relations with the EU subjects, of institutional and commercial character.

Content of the course
Theoretical teaching
Introduction, conceptual definition, methodology of teaching; Theoretical approach to analysis of integrated market – benefits and costs; Development of internal EU market – from customs union to economic union; Policy of competition and removal of market distortions; Common agricultural policy; Trade policy; Internal market and regional development; Infrastructural policy; Energy policy and environmental protection; Harmonization of fiscal policies and internal market; Mobility of capital and work and elements of social policy; Trade with services; Trade agreements of the EU with other countries.

Practical teaching: Exercises, Other modes of teaching, Study research work
Defence of seminar papers


а) basic

1. Miroslav N. Jovanović: Evropska ekonomska integracija, Ekonomski fakultet, Belgrade, 2004 (selected chapters), 250 pages

2. material from the www.europa.eu

b) additional:

1. Theo Hitiris: European Union Economics, Fifth Edition, Prentice Hall, London, 2003 (selected chapters)

Assessment of knowledge

Pre-examination commitments

  • Activity during the lectures 10
  • Colloquim(a) 20
  • Seminar(s) 20

Final examination

  • Oral examination 50