This book provides an in-depth study of the economic principles underlying the creation of the Common Market and the development of policy ever since the last edition . To take account of all the latest changes Professor Swann has fully updated his discussion of the decision-making institutions, proposed monetary union, the Single European Act and the reformed CAP. Other major aspects - transport and tariff barriers, fisheries and factor movements, social, regional and industrial policy, energy and the environment - are given equally comprehensive treatment. The EC may have always had a political purpose, but its fundamental framework is economic; a definitive description appears in this volume.
I have the Eight edition (1995) that is surely outdated. It is good to read this book once as part of an EU course, but things are moving so fast (despite appearances) there must be better sources of reference.