EU policies and financial instruments2018

2030 EU policies and financial instruments

  • Study programme and level: Master’s Degree Programme Administration- Public sector governance 2nd Cycle
  • 2nd year
  • 6 ECTS
  • Course type: Elective
  • Lectures: 21
  • Seminar: 11
  • Other forms of study: 88
  • Individual work: 60
  • Lecturer: Aleksander Aristovnik, PhD

1. Prerequisits

No prerequisits.

2. Content (Syllabus outline) 

  • History, facts and basics of EU integration
  • The institutions and decision-making in the EU
  • The financial framework and an EU budget
  • Centralized/decentralized and return EU funds/EU grants
  • EU policies with exclusive competencies of the EU
  • EU policies with shared competencies
  • EU financial instruments of regional and urban development
  • EU financial instruments of employment and social inclusion
  • EU financial instruments for agriculture and rural development (and fisheries)
  • EU financial instruments for research and innovation
  • New challenges of EU policies and their funding
  • Case studies of EU policies and absorption of EU funds

3. Readings

  • Baldwin R., Wyplosz C. (2015): The Economics of European Union (5th Edition). New York: McGraw-Hill, (izbrana poglavja) 250 str.
  • Olsen J., McCormick J. (2016): The European Union: Politics and Policies (6th Edition) (izbrana poglavja) 100 str.
  • European Commission (2014): Guidance for Beneficiaries of European Structural and Investment Funds and related EU instruments. 57 str.
  • European Commission (2014): A beginner’s guide to EU funding: An overview of EU funding opportunities in 2014–20. 48 str.
  • Aktualni domači/tuji članki in gradiva

4. Objectives and competences


  • student understands the theoretical foundations that underpin EU policies and their financial instruments
  • student justify the division of responsibilities between Member States and the EU in implementing and monitoring the effects of the EU's policies
  • student analyzes EU policies and their funding sources
  • students understand the different approaches and tools to analyze EU policies
  • student is able to find the financial resources of the EU (co-) financing of projects selected


  • student will be able to interpret and compare the developments in EU policies and their financial instruments
  • student will be capable of understanding and analysis of the functioning of the EU and its policies
  • student will be able to participate in the preparation of EU (co)financed national or local development programs
  • student is able to substantively and financially to place public and private programs/projects in the EU area
  • the student is able to connect and transfer the acquired knowledge into practice

5. Intended learning outcomes

The student is able/capable to:

  • independently analyze EU policies in the economy, social institutions and policies
  • identify the reasons for the implementation of policies at EU and national level
  • to analyze the meaning and implications of the EU funding mechanisms
  • understand the organization and functioning of the various EU financial instruments and related financial possibilities for co-financing projects and programs of EU Member States
  • the student understands the examples from the field of absorption of EU funds

6. Learning and teaching methods

  • preparations for lectures
  • lecture
  • preparations for seminars
  • seminars
  • e-learning
  • case study
  • seminar paper

7. Assessment

  • written and/or oral exam 60 %
  • seminar work and oral exam 40 %

8. Lecturer's references

  • ARISTOVNIK, Aleksander, MEZE, Matevž (2017). The impact of supranational fiscal rules on public finance : the case of EMU member states. Global business & economics review. a publication of the Business & Economics Society International, vol. 19, no. 1, str. 38-53.
  • ARISTOVNIK, Aleksander (2015). Regional performance measurement of healthcare systems in the EU : a non-parametric approach. V: Lex localis - Journal of Local Self. Maribor: Institute for Local Self-Government and Public Procurement, vol. 13, no. 3, str. 579-593.
  • ARISTOVNIK, Aleksander, OBADIĆ, Alka (2015). The impact and efficiency of public administration excellence on fostering SMEs in EU countries. Amfiteatru economic, vol. 17, no. 39, str. 761-774.
  • MENCINGER, Jernej, ARISTOVNIK, Aleksander, VERBIČ, Miroslav (2014). The impact of growing public debt on economic growth in the European Union. Amfiteatru economic, no. 35, str. 403-414.
  • ARISTOVNIK, Aleksander (2012). The relative efficiency of education and R&D expenditures in the new EU member states. Journal of business economics and management, vol. 13, no. 5, str. 832-848.