Within the framework of a service contract with DG Trade, experts of the College of Europe designed and delivered training courses aimed at newly recruited officials of DG Trade or officials needing additional training or to refresh their body of knowledge in basic economics theory and international economics, international law, legal aspects of trade policy, and multilateral trade negotiations.
Participants
A total of 15 DG Trade officials wishing, according to their background, to gain an initial or updated insight into either legal or economic aspects of international trade, participated in the training sessions in Brussels.
Basic Economic Theory and International Economics
The four-day training course aimed first at introducing participants to general aspects of Microeconomics and Macroeconomics. It furthermore provided a theoretical and case study based focus on Trade-related Aspects such as Trade Theory or Foreign Direct Investment and Trade. The last component of the course consisted of a specific lecture on the economics of economic integration in the light of the European experience.
Microeconomics
Introducing Economics
Supply and Demand
The Supply Decision
Profit Maximising under Perfect Competition and Monopoly
Profit Maximising under Imperfect Competition
Macroeconomics
The Simple Keynesian Analysis of National Income, Employment and Inflation
Money and Interest Rates
Unemployment and Inflation
The Balance of Payments and Exchanges Rates
The International Monetary System
Development Economics
TRADE RELATED ASPECTS
Globalisation
Overview of Standard trade theory
Testing trade theory
Policy implications of the standard theory
Overview of new trade theory
Policy implications of the new trade theory
Fragmentation, FDI and Trade
Theory of Trade policy
Strategic trade policy
Multilateralism, bilateralism, and trade blocs
Empirical studies on trade liberalisation
Fair trade policies
ECONOMICS OF ECONOMIC INTEGRATION, WITH AN EMPHASIS ON THE EUROPEAN EXPERIENCE
The different stages of economic integration
Internal markets and welfare effects
The creation of the EU’s internal market
Potential improvements of the internal market
The specificities of the European economic and monetary integration
A policy area of the EU, the case of the CAP
Calendar
GENERAL ASPECTS OF NEGOTIATIONS
Overview of Bilateral and Multilateral Negotiations
Bilateral Negotiations
Multilateral Negotiations
Overview of multilateral – multi-issue negotiations
WTO Market Access
WTO NEGOTIATIONS General introduction to WTO negotiations
Special characteristics of multilateral trade negotiations in WTO
Reminder of the position of the EU and its Member States in the WTO
Organisation of the Commission in dealing with WTO matters
The most recent WTO negotiations since the Uruguay Round
Preparation of the negotiation positions
Internal EU preparation between the Commission and the Member States in the 133 Committee
The negotiations in Geneva