It is of paramount importance that European firms, investors and countries, take into consideration the implications, changes and opportunities of European integration in their decision-making processes. This is reinforced by the fact that the EU has been continuously evolving and enlarging. This textbook is one of the first to cover the subject of the economics of the EU, including all 25 member countries as well as several other potential candidate countries. Contents: Preface 1. The Origin, Evolution and Prospects for the European Union 2. Monetary Integration 3. Fiscal Policy and the Budget 4. Common Agricultural Policy 5. Competition Policy 6. Industrial Policy in Manufacturing and Services 7. Trade Policy 8. Spatial Location of Production and Regional Policy 9. Capital Mobility 10. Mobility of Labour 11. Social Policy 12. Environment Policy 13. Transport Policy 14. Eastern Enlargement 15. Conclusion Bibliography Index