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Economic Theory II

2019/2020
Учебный год
ENG
Обучение ведется на английском языке
5
Кредиты
Статус:
Курс по выбору
Когда читается:
1-й курс, 3, 4 модуль

Преподаватель

Course Syllabus

Abstract

The course is brought to bachelor students of the Ba chelor Program “International Business and M anagement Studies ”, National Research University Higher School of Economics, Saint Petersburg (HSE Saint Petersburg) This document establishes the minimum requirements for knowledge, skills and competences of the student, determines the coverage and content of the cours e, indicates teaching methods and forms of learning activities as well as assessment criteria and grade determination. In this course we will consider such important concepts as: measurement and determination of a nation’s output and income and other natio nal account indexes, problems of economic growth and stability - inflation and unemployment, fiscal and monetary policies, public debt, international trade and exchange rate formation, structure of balance of payment. The course is designed to help student s develop critical - thinking skills through the understanding, application, and analysis of fundamental economic concepts. The focus of the course will be on the behavior and interactions of consumers and producers with the factor market and product mark et and to develop an understanding of the way in which government action impacts this behavior.
Learning Objectives

Learning Objectives

  • to teach students the economic way of thinking about a business decision and strategies
  • to provide a basic knowledge of the mac roeconomic environment in which consumers, businesses, and governments operate
  • to provide the students with an understanding of the various notions and concepts of economics
Course Contents

Course Contents

  • Market regulation
  • Macroeconomics basics
  • National income. Aggregate supply and aggregate demand
  • Consumption and savings. Investments
  • Economic growth . Cycles of economic activity
  • Markets of economic resources
  • Unemployment
  • Money, inflation and banking system
  • Market failures
  • Regulation of business
  • An open economy
Assessment Elements

Assessment Elements

  • non-blocking Written exam
  • non-blocking Quizes
  • non-blocking Control test
  • non-blocking Home assignment
Interim Assessment

Interim Assessment

  • Interim assessment (4 module)
    0.25 * Control test + 0.1 * Home assignment + 0.25 * Quizes + 0.4 * Written exam
Bibliography

Bibliography

Recommended Core Bibliography

  • Blanchard, O. (2017). Macroeconomics, Global Edition (Vol. Seventh edition). Harlow, UK: Pearson. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=nlebk&AN=1426555

Recommended Additional Bibliography

  • Acemoglu, D., Laibson, D. I., & List, J. A. (2016). Economics, Global Edition (Vol. Global edition). Boston: Pearson. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=nlebk&AN=1419560
  • Farrokh K. Langdana. (2016). Macroeconomic Policy. Springer. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsrep&AN=edsrep.b.spr.sptbec.978.3.319.32854.6
  • Henning Schwardt. (2017). The Path to a Modern Economics. Springer. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsrep&AN=edsrep.b.spr.sprbok.978.3.319.52785.7
  • Kathuria, R., & Nagpal, N. K. (2016). Global Economic Cooperation : Views From G20 Countries. New Delhi: Springer. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=1102145
  • Volker Böhm. (2017). Macroeconomic Theory. Springer. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsrep&AN=edsrep.b.spr.sptbec.978.3.319.60149.6