As youth find it easier to embrace new ways of thinking, this research sought to send important lessons/messages and develop awareness of the importance of energy efficiency and the use of renewable energy. Therefore, by continuing to educate and inform youth about these issues, they would directly influence both their own and the awareness of their parents or households in which they reside, with the aim of encouraging proper energy management, so that at the end, each family, through proper behavior and implementation of appropriate measures, with little additional cost, could save on energy costs. According to the foregoing, the main objective of the research is, in fact, to investigate knowledge levels of students in the 1 st cycle of studies at the Faculty of Economics and Business of University of Tuzla, in the field of energy efficiency and renewable sources. The methodology used in the paper is based on the use of primary (survey questionnaire) and secondary (desk research) data sources. The research results have shown a very low levels of knowledge and awareness of youth about the importance of energy efficiency and using renewable sources of energy, about the lack of informative and promotional activities in this field, as well as about the interest in environmental protection and energy consumption. Finally, insufficient involvement of youth in the decision-making process regarding energy efficiency and renewable energy was detected.

Summary The thematic framework of this work is the nominal and real convergence as a determinant for joining the European monetary union. The focus of the work is to prove that realising the criteria of the convergence affects the stability of the European monetary union, that is, that the cause of destabilisation is exactly the fact that certain member nations have not realised the assigned convergence criteria. The financial integration is an important question because it contributes to the economic growth affecting free exchange with the goal of a more efficient allocation of capital; it is the result of the economic theory and the empirical research. Introducing the Euro as a single payment method while losing the monetary sovereignty of the countries which have accepted it is the main reason for forming the European Central Bank. The mission of the European Central Bank is to define and conduct a single monetary policy within the Eurozone. Because of the already mentioned facts, the challenges of conducting the fiscal policy within the Eurozone as well as the key aspects of the monetary unification of Europe have been analysed. The results of this analysis should point out the stability of the EMU by the convergence degree of the member nations from a single monetary area.