Consumption and Consumer Behavior
- be able to analyse emerging-market economies and economies in transition, taking into account their crucial characteristics and historical experience
- be able to analyze challenges faced by transition and emerging-market economies, i.e., those middle- and low-income countries, which have conducted market-oriented economic reforms and become integrated into the global economy since 1990s.
- be able to implement the knowledge for the analysis of the consumption in the context of Russian economy
- A brief history of the communist economic system based on central planning in the former Soviet Union and Central and Eastern Europe.In this topic we will discuss political economy of transition, controversies over a transition strategy, and first results of transition (at the end of 1990s), interrelations between market and democracy, and between economic and political transition, and the role of external actors in transition process.
- The evolution and collapse of the communist economic system in the late 1980s / early 1990s and the subsequent transition to a market system in the 1990s and 2000s.In this topic we will discuss causes and consequences of emerging market-crises in 1980s and 1990s, impact of the global financial crisis of 2008-2009 on emerging-market economies, the increasing role of emerging-market economies in the global economy.
- Experience in market reforms in China, India, other countries in Asia, the Middle East and North Africa, sub-Saharan Africa and Latin America over the same period.In this part we will discuss the role of external actors (IMF, World Bank, WTO, EU, etc.) in economic and political transition in Central and Eastern Europe and former Soviet Union, cumulative results of transition in early/mid 2010s, specifics of Chinese economic transition and its major stages, market reforms in other Asian countries (Vietnam, Laos, Cambodia, Myanmar, Mongolia, India). We also will discuss market reforms in the Arab world (including the period of Arab Spring), Sub-Saharan Africa, Latin America, summary of emerging-market reforms since 1980s.
- The challenges of a modern global economy and global and regional economic governance with a special focus on emerging market economies and their role.In this topic we will discuss consequences of globalization, changes in international financial institutions, emerging-market economies and global and regional trade systems.
- The transformation of the Russian economy over the past 30 yearsIn this part in frame of class participation we will discuss the evolution and the main tendencies of the development of Russian market during last 30 years.
- Online course
- In-class participation
- ExamAn exam is held in the form of written essay
- Interim assessment (2 module)0.3 * Exam + 0.2 * In-class participation + 0.5 * Online course
- Stinchcombe, A. L., Shorter, E., & Tilly, C. (2013). Economic Sociology. Burlington: Academic Press. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=918903
- Biggart, N. W., & Wiley InterScience (Online service). (2002). Readings in Economic Sociology. Malden, Mass: Wiley-Blackwell. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=231984
- Tittenbrun, J. (2011). Economy in Society : Economic Sociology Revisited. Newcastle upon Tyne: Cambridge Scholars Publishing. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=524366
- Wolf, C., Lang, T., & United States. (2006). Russia’s Economy : Signs of Progress and Retreat on the Transitional Road. Santa Monica, CA: RAND Corporation. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=213931
- Zafirovski, M. (2001). Exchange, Action, and Social Structure : Elements of Economic Sociology. Westport, Conn: Greenwood Publishing Group. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=182471