Infopaket

Economic Dynamics

ВК 2

Вибіркова дисципліна для ОП

First

2023/2024

5 Semester

6

PLO 5. To apply analytical and methodical tools for substantiating proposals and making managerial decisions by various economic agents (individuals, households, enterprises and government authorities). PLO 8. To apply appropriate economic and mathematical methods and models for solving economic problems. PLO 10. To analyze the functioning and development of economic entities, to identify functional areas, to calculate the relevant indicators that characterize the performance of their activities. PLO 13. To identify sources and understand the methodology of determination and methods for obtaining socio-economic data, collect and analyze the necessary information, calculate economic and social indicators.

Full-time form

Possession of mathematical tools within the course "Mathematics". Knowledge of the theoretical foundations of the courses "Economics", "Macroeconomics", "Microeconomics".

The course structure has two modules: Content module 1 . "Linear models of economic dynamics" , which discusses the basic methods of studying the behavior of systems, the concepts of difference and differential equations, methods for solving them, as well as models of dynamics of economic systems and processes described by linear relations. Content module 2 . "Nonlinear models of economic dynamics" , which discusses the basic concepts and methods of research of nonlinear dynamic systems, as well as their application in the study of complex nonlinear economic processes and systems.

1. Shone R. Economic Dynamics. Phase Diagrams and Their Economic Application. - Cambridge University Press, 2002. 2. Medio A., Lines M. Nonlinear Dynamics: A Primer. - Cambridge University Press, 2003. 3. Stachurski J/ Economic Dynamics: Theory and Computation. – The MIT Press, 2009. 4. Raa T.T. The Economics of Input-Output Analysis. – Cambridge University Press, 2006. 5. Miao J. Economic Dynamics in Discrete Time. – The MIT Press, 2020.

Lecture, practice

semester evaluation: 1. Oral examination (RS 1.1-1.2; 2.1-2.4) - 5 points / 3 points; 2. Solving problems (RS 1.1-1.2; 2.1-2.4) -10 points / 6 points; 3. Module test (2 MT, 20 points max each) (RS 1.1-1.2; 2.1-2.4) -40 points / 24 points; 4. Individual student’s self-study (1 project, 25 points) (RS 1.1-1.2; 2.1-2.4; 4.1) - 25 points / 15 points; 5. Final test (RS 1.1-1.2; 2.1-2.4) - 20 points / 12 points. - final evaluation in the form of the test

English