Macroeconomic policy and modeling in international business
Course: International Business (Management and Marketing)
Structural unit: Educational and scientific institute of international relations
Title
Macroeconomic policy and modeling in international business
Code
ОК4.
Module type
Обов’язкова дисципліна для ОП
Educational cycle
Second
Year of study when the component is delivered
2021/2022
Semester/trimester when the component is delivered
3 Trimester
Number of ECTS credits allocated
3
Learning outcomes
Know about the tools of macroeconomic policy and the system of key indicators used in the analysis of macroeconomic processes;
methods and principles of macroeconomic research;
methods of macroeconomic forecasting, methods of calculating the real effective exchange rate; model of macroeconomic equilibrium in an open economy; interpretations of the business cycle and models of cyclical fluctuations; simplified models of equilibrium economic growth; institutional support of innovative development
Form of study
Prerequisites and co-requisites
Knowledge of the basics of economic theory, macro- and microeconomics; methods of mathematical analysis; conceptual and terminological apparatus of macroeconomic policy, the main ways to regulate the main global macroeconomic processes, indicators of macroeconomic conditions, mechanisms of macroeconomic policy, tools and institutions of state regulation of macroeconomics, the possible consequences of macroeconomic events
Course content
Thematic plan of the discipline:
1. Methodology, tasks and main components of macroeconomic policy
2. Fiscal mechanism of macroeconomic policy
3. Monetary mechanism of macroeconomic policy
4. Exchange rate management policy
5. Macroeconomic equilibrium in an open economy
6. Public policy in a cyclical economic development
7. Economic growth policy
8. Macroeconomic policy of innovation development
Recommended or required reading and other learning resources/tools
Planned learning activities and teaching methods
Lectures, seminars
Assessment methods and criteria
Evaluation is carried out according to the modular rating system. Current control: answers (up to 30 points), additions (up to 5 points), written assignment (up to 5 points), final modular test (up to 10 points). The form of final control is an exam. The exam is conducted in writing. The student's answer to the exam – up to 20 points.
Language of instruction
Ukrainian
Lecturers
This discipline is taught by the following teachers
Departments
The following departments are involved in teaching the above discipline