Chapter organization How the european Single Currency evolved The Euro and economic policy in the Euro Zone The Theory of Optimum Currency Areas The Future of emu Summary Copyright C 2003 Pearson Education, Inc Slide 20-2Copyright © 2003 Pearson Education, Inc. Slide 20-2 Chapter Organization ▪ How the European Single Currency Evolved ▪ The Euro and Economic Policy in the Euro Zone ▪ The Theory of Optimum Currency Areas ▪ The Future of EMU ▪ Summary