Infopaket

Macroeconomic Policy

ОК 21

Обов’язкова дисципліна для ОП

First

2021/2022

8 Semester

6

PLO9. To realize the main features of the modern world and national economy, the institutional structure, directions of social, economic and foreign economic policy of the state. PLO 11. To be able to analyze the processes of government authorities and market regulation of socio-economic and labor relations PLO13. 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. PLO22. To demonstrate flexibility and adaptability in new situations, in working with new objects and in uncertain conditions.

Full-time form

Successful mastering of the courses "English", "Economics", "Macroeconomics". Knowledge of the main theoretical aspects of macroeconomics.

The academic discipline focuses on the policy issues and practice in macroeconomics by providing theoretical frameworks that are geared to discussing the most exciting, current, major debates in the macroeconomic policy field. It examines the government budget and its relationship to government debt, the long- and short run effects of budget deficits, tax cuts, and government spending, macroeconomic results of different monetary policy mechanism, effects of exchange rate fluctuations on the economy etc. It consists of the Module 1, which studies the basics and patterns of macroeconomic anti-crisis policy and the policy of full employment, anti-inflationary policy; Module 2, devoted to monetary, financial, social polices and macroeconomic policу in the open economy.

Europe 2020. A Strategy for Smart, Sustainable and Inclusive Growth. Brussels. URL: https://ec.europa.eu/eu2020/pdf/COMPLET%20EN%20BARROSO%20%20%20007%20-%20Europe%202020%20-%20EN%20version.pdf Hujo K., Yi I. Social Policy and Inclusive Development. United Nations Research Institute for Social Development. 2015. 432 p. Taylor J.B. Inflation targeting in high inflation emerging economies: lessons about rules and instruments. Journal of Applied Economics. 2018. Vol. 22, Issue 1. P. 102-115. Zucman G. Global Wealth Inequality. National Bureau of Economic Research. Working Paper No. 25462. Cambridge. 2019. United Nations Department of Economic and Social Affairs (UN DESA). 2020. World Economic Situation and Prospects 2020. Available at: https://www.un.org/development/desa/dpad/wp-content/uploads/sites/45/WESP2020_FullReport.pdf Yanushevsky R., Yanushevsky С. Applied Macroeconomics for Public Policy. Academic Press. 2018. 230 р.

Lecture. Seminar. individual student’s self-study.

1. Participation in seminars (individual presentations, additions and discussions of a theoretical nature, problem solving and solving practical problems) in the module 1: Max.10 points / Min. 6 points. 2. Test work on the module 1: Max.10 points / Min. 6 points. 3. Participation in seminars (individual presentations, additions and discussions of a theoretical nature, problem solving and solving practical problems) in the module 2: Max.10 points / Min. 6 points. 4. Test work on the module 2: Max.10 points / Min. 6 points. 5. Independent work (writing and defending coursework): Max.20 points / Min. 12 points

English