Part 1: the fundamentals of fisheries economics; further analysis - dynamic fisheries models; optimal control theory and its application to fisheries; optimal equilibrium and dynamic approach for a fisheries model. Part 2: population dynamics and contemporary fisheries management; stock recruitment models; a biological and ecological approach to the stock-recruitment relationship; Age-Structured Matrix Models; the role of stock assessment in finding the best data representation model; the role of Virtual Population Analysis (VPA) in producing results for fisheries decision making, a critique. Part 3 Institutions of the European Community: the European Commission; the Council of Ministers; the new co-operation procedure; the European Parliament; the European Court of Justice; the Court of Auditors. Part 4 The legislative frameowrk of the CFP: the Treaty of Rome (25 March 1957); first legislative acts of the Council; the 1972 Act of Accession; the creation of 200-miles EEZ, towards a comprehensive CFP; the Council resolution towards a coherent single CFP package; restriction of access; the Common Fisheries Policy and the Mediterranean. Part 5 The CFP instruments: the budgetary management for fisheries and its relative importance in the economy; resource management, access restrictions; technical conservation measures; TACs and quota management system; the efficiency of the TAC resource management policy; the future of the resource management. Part 6 The Common Organization of the Market: the components of the Common Organization of the Market in fisheries products; Common Marketing Standards; producer's organizations; the price system of the Common Organization of the Market; critique of the Intervention Scheme for fishery products; the Community's trade policy; Community's membership of International Fisheries Conventions. Part 7 The Common Structural Policy: the Multiannual Guidance Programmes (MAGPs); critique of the Community fishing vessel's register; the implementation of the Community's structural measures; overall assessment, future perspective. Part 8 Reforming the CFP: review on the main features of the CFP; restricted access; a proposed licensing scheme justified by a theoretical bioeconomic model.