The course covers the main economic aspects of the current development of Europe. It will touch on background of European integration, though its main focus is on the economic analysis of the policies and prospects for the European countries. We will deal with the history and institutions of the European Union, growth aspects, European Monetary and Regional Policy, as well as Trade, Science and Technology and Competition. Moreover, the European Labor Market and Public Debt will be investigated. Recent issues covering the European Union and its standing in International Relations, the challenges of European Enlargement, the demands during the Financial Crisis, the Energy Security issues as well as recent developments due to the Migration towards the European Union will be examined.