International Commodity Science

Course: International Economic Relations (with compulsory study of two foreign languages)

Structural unit: Educational and scientific institute of international relations

Title
International Commodity Science
Code
ВК 4.4
Module type
Вибіркова дисципліна для ОП
Educational cycle
First
Year of study when the component is delivered
2021/2022
Semester/trimester when the component is delivered
6 Semester
Number of ECTS credits allocated
1
Learning outcomes
To know and master theoretical knowledge of calculation methods and mechanisms of credit rating formation; to know axioms and methods of technical analysis; to know the features of price schedules; line charts; price scales; histograms; tic-tac-toe; Japanese candles, their types, features of charts; to know the essence of Eliot's wave theory and basic diagrams of wave theory; to know the specifics of power waves, the rules of mutual location. To be able to perform a retrospective analysis of the international foreign exchange market and perform a fundamental analysis of stock prices and exchange rates and make forecasts.
Form of study
Distance form
Prerequisites and co-requisites
A student must have general knowledge of: the peculiarities of the current situation in international foreign exchange markets; factors influencing the situation in foreign exchange markets; fundamental sources of market information; the impact of psychological effects on the foreign exchange market; national features of the formation of financial markets and their impact on regional and international financial markets; the place, specifics and role of world financial centers in shaping the state of the international financial market; features of the pricing mechanism in the international foreign exchange market, factors influencing the price formation of financial instruments; methods and principles of fundamental analysis, sources of macroeconomic information.
Course content
Module 1: Fundamental and Technical Market Analysis 1. The essence of technical analysis in international service markets. 2. Supply and demand, price levels, patterns of market forecasting 3. Basic principles of technical analysis on international service markets 4. Recurrence of similar or identical events 5. Time lag, efficient market hypothesis 6. Adverse selection, moral hazard, state estimation, "lemon problem" 7. Dow Theory in International Services Markets Module 2. Fractal and wave market analysis. 8. Use of Fibonacci Numbers in International Services Markets. 9. Numerical sequences, arithmetic and geometric progressions 10. Wave analysis of trends with different intensity of fluctuations in international services markets 11. Standard and complex wave structure, types of rising and falling waves with extended structure 12. Correction of Elliott waves using the Fibonacci sequence.
Recommended or required reading and other learning resources/tools
1. Кириллов А. Повесть о двух фракталах. — Летняя школа «Современная математика». — Дубна, 2007. 2. Мандельброт Б. Фрактальная геометрия природы. — М.: «Институт компьютерных исследований», 2002. 3. Пайтген Х.-О., Рихтер П. Х. Красота фракталов. — М.: «Мир», 1993. 4. Федер Е. Фракталы. — М: «Мир», 1991. 5. Абачиев С. К. О треугольнике Паскаля, простых делителях и фрактальных структурах // В мире науки, 1989, № 9. 6. Фоменко А. Т. Наглядная геометрия и топология. — М.: изд-во МГУ, 1993. 7. Цицин Ф. А. Фрактальная вселенная // «Дельфис» — № 11(3) — 1997. 8. Фракталы в физике. Труды 6-го международного симпозиума по фракталам в физике, 1985. — М.: «Мир», 1988. 9. Маврикиди Ф. И. Фракталы: постигая взаимосвязанный мир // «Дельфис» — № 23(3) — 2000. 10. Шредер М. Фракталы, хаос, степенные законы. Миниатюры из бесконечного рая. — Ижевск: «РХД», 2001.
Planned learning activities and teaching methods
Lectures, seminars, case study
Assessment methods and criteria
1. Seminar work, writing individual analytical papers, essay writing: up to 53 points 2. Intermediate credit module: up to 7 points 3. Final coursework to defend the research of the economic situation in the country chosen for analysis: up to 40 grades.
Language of instruction
Ukrainian

Lecturers

This discipline is taught by the following teachers

Anton Nanavov
Chair of World Economy and International Economic Relations
Educational and scientific institute of international relations

Departments

The following departments are involved in teaching the above discipline

Chair of World Economy and International Economic Relations
Educational and scientific institute of international relations