The seventh edition of The Economics of European Integration provides students with an accessible presentation of the facts, theories and controversies that are driving rapid change at the heart of Europe. This new edition covers crucial updates on the impact of Brexit and Covid-19 and offers an expert analysis of the contemporary status of integration within the European Union. Key Features and Updates .Wide range of learning features including boxed examples and illustrations, end of chapter summaries, self-assessment questions and essay questions. .Fully updated to include new discussions and examples such as the new budget which has significant implications on European bonds, immigration, and climate change. .Two new chapters highlighting the impact of both Brexit and Covid-19 on the EU. .An Online Learning Centre with Lecture Outlines, PowerPoint Presentations, and an Image Library. Richard Baldwin is Professor of International Economics at the Graduate Institute, Geneva, having been a visiting professor at Oxford and MIT. He is Editor-in-Chief and founder of VoxEU.org since 2007 and he advises governments around the world on globalisation and integration issues having served in the Bush (Sr) White House in 1990-91. Charles Wyplosz is Professor Emeritus of International Economics at the Graduate Institute in Geneva where he also served as Director of the International Centre for Money and Banking Studies. He is a Fellow of CEPR and of the European Economic Association, as well as a Founding Managing Editor of the Economic Policy journal.

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Part 1: History, Facts and Institutions History Facts, Law and Institutions Decision Making Part 2: The Microeconomics of European Integration 4Essential microeconomic background 5Preferential liberalisation 6Scale economies and competition 7Growth 8Labour markets and migration Part 3: EU Micro Policies 9Common Agricultural Policy 10Location effects and regional policy 11Competition policy and state aids 12EU trade and climate policy Part 4: The Macroeconomics of Monetary Integration 13Essential macroeconomic tools 14Optimum currency areas Part 5: EU Monetary and Fiscal Policies 15The European monetary union 16Fiscal policy and the Stability Pact 17The financial markets and the euro 18The Eurozone in crisis Online Chapters 19Economics for Covid-19 20Brexit: Problems and Prospects 21The history of European monetary integration