The module aims to provide students with knowledge of the globalization and integration processes taking around the world and their effects, including on modern regional integration processes, the basics of the theory of trade, static and dynamic effects of economic integration and the functioning and strategies of integration groups, with particular emphasis on the European Union, its policies and activities. The module provides knowledge enabling to run a critical analysis of the benefits and costs related to the European Union economic integration, identification of mechanisms accompanying economic integration at various levels (applying the theory of economic integration to analyze the functioning of integrated areas).