World economy
Course: International Business, Commerce And Finance
Structural unit: Educational and scientific institute of international relations
Title
World economy
Code
ОК 06
Module type
Обов’язкова дисципліна для ОП
Educational cycle
First
Year of study when the component is delivered
2023/2024
Semester/trimester when the component is delivered
2 Semester
Number of ECTS credits allocated
4
Learning outcomes
Know the current model of the world economy, the nature, and main trends of the international capital movement; the main directions and formation of the international world economy.
Be able to analyze the main trends of the world economy; determine the main trends of world trade development, its geographical and commodity structure.
Master the skills of convincing protection of their point of view regarding the current state and prospects of economic development of different groups of countries in the world.
Tackle teamwork, case studies, group discussions related to the global economy and globalization of the global economy.
Autonomy in the preparation of analytical notes and recommendations on specific topical theoretical and practical issues regarding the study of the peculiarities of the development of internationalization and globalization of the world economy; analysis of the current state and prospects of economic development of different groups of countries.
Form of study
Distance form
Prerequisites and co-requisites
- Knowledge of the basics of Macroeconomics, Microeconomics.
- Ability to analyze the basic aspects of the functioning of the main components of the world economy, the specifics of the functioning of major groups of countries in the world economy.
- Have the basic skills of analysis and synthesis, critical thinking, working out of a considerable amount of statistical material while providing one’s conclusions and proposals.
- Proficiency in English.
Course content
Introduction.
Topic 1. World economy: history, structure, and general trends.
Topic 2. International trade.
Topic 3. Technological innovations and WE.
Topic 4. International capital flows and international investments.
Topic 5. World financial system.
Topic 6. Multinational Enterprises in World Economy.
Topic 7. World Economy and business cycles.
Topic 8. Globalization of the world economy.
Topic 9. Developed countries.
Topic 10. Developing countries.
Topic 11. Emerging market countries. New industrial countries.
Recommended or required reading and other learning resources/tools
1. Buckley, P. J., & Clegg, J. (Eds.). (2016). Multinational enterprises in less developed countries. Springer.
2. Ellis, F. (2000). Rural livelihoods and diversity in developing countries. Oxford university press.
3. Graham, N. A., & Edwards, K. L. (2019). The Caribbean Basin To The Year 2000: Demographic, Economic, And Resource Use Trends In Seventeen Countries: A Compendium Of Statistics And Projections. Routledge.
4. Gunderson, M., & Oreopolous, P. (2020). Returns to education in developed countries. In The Economics of Education (pp. 39-51). Academic Press.
5. Krugman, P. (1979). A model of innovation, technology transfer, and the world distribution of income. Journal of political economy, 87(2), 253-266.
6. Hilt, E. (2017). Economic history, historical analysis, and the “New History of Capitalism”. The Journal of Economic History, 77(2), 511-536.
7. Holland, P., & Brewster, C. (Eds.). (2020). Contemporary Work and the Future of Employment in Developed Countries. Routledge.
Planned learning activities and teaching methods
Lecture, seminar, individual work (underlined in the syllabus), viewing the fragments of educational documentaries, speech contest
Assessment methods and criteria
1. Surveys at seminars, tasks for individual work, consideration of hypothetical interstate disputes, analysis of the dispute in the case-study format, judging speech contest – up to 30 points.
2. Modular control work – up to 30 points.
3. Examination ¬– 40 points.
Language of instruction
English
Lecturers
This discipline is taught by the following teachers
Departments
The following departments are involved in teaching the above discipline