Macroeconomic policy and modeling in international business
Course: International Business (master)
Structural unit: Educational and scientific institute of international relations
            Title
        
        
            Macroeconomic policy and modeling in international business
        
    
            Code
        
        
            ОК.4
        
    
            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
        
        
            1 Semester
        
    
            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
        
        
            Full-time form
        
    
            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
                    Chair of International Business 
Educational and scientific institute of international relations
            Educational and scientific institute of international relations
Departments
The following departments are involved in teaching the above discipline
                        Chair of International Business
                    
                    
                        Educational and scientific institute of international relations