International Economics

Major: Finance, Banking and Insurance
Code of subject: 6.072.00.O.024
Credits: 5.00
Department: Department of Economics and Marketing
Lecturer: senior lecturer Samotіy Natalia Stepanovna
Semester: 4 семестр
Mode of study: денна
Мета вивчення дисципліни: The study discipline "International Economics" is focused on the study of the system of international economic activity and the objective laws and principles of its development; acquiring knowledge about the conditions, forms, methods and basic tools of international economic interaction, as well as developing the skills and abilities to analyze the foreign economic policy of Ukraine in the process of its integration into modern world economic structures.
Завдання: The study of an academic discipline involves the formation and development of students' competencies: • general: ZK1. The ability to realize one's rights and responsibilities as a member of society, to realize the values of a civil (free democratic) society and the need for its sustainable development, the rule of law, the rights and freedoms of a person and a citizen in Ukraine. ZK2. The ability to preserve and multiply moral, cultural, scientific values and achievements of society based on understanding the history and patterns of development of the subject area, its place in the general system of knowledge about nature and society and in the development of society, technology and technologies, to use various types and forms of motor activity for active recreation and leading a healthy lifestyle. ZK3. Ability to abstract thinking, analysis and synthesis. ZK4. Ability to learn and master modern knowledge. ZK5. Determination and persistence in relation to assigned tasks and assumed responsibilities. ZK6. Knowledge and understanding of the subject area and understanding of professional activity. ZK7. Ability to apply knowledge in practical situations. ZK8. Ability to conduct research at an appropriate level. ZK9. Skills in using information and communication technologies. ZK10. Ability to communicate in a foreign language. ZK11. Ability to work in a team. ZK12. Ability to communicate with representatives of other professional groups at different levels (with experts from other fields of knowledge/types of economic activity). ZK13. Ability to work in an international context. ZK14. The ability to act socially responsibly and consciously. • professional: FK1. The ability to logically and consistently reproduce the acquired knowledge of the subject area of marketing and international economy. FC2. The ability to critically analyze and generalize the provisions of the subject area of modern marketing and international economics. FK3. The ability to use the theoretical provisions of marketing to interpret and predict phenomena and processes in the marketing environment. FK4. The ability to conduct marketing activities based on an understanding of the essence and content of marketing theory and the functional relationships between its components. FC5. Ability to correctly apply marketing methods, techniques and tools. FC6. The ability to conduct marketing research in various areas of marketing activity. FC7. The ability to determine the impact of functional areas of marketing on the results of economic activity of market entities. FC8. Ability to develop marketing support for business development in conditions of uncertainty. FC9. The ability to use marketing tools in innovative activities. FC10. Ability to use marketing information systems in making marketing decisions and develop recommendations for improving their effectiveness. FC11. The ability to analyze the behavior of market subjects and determine the peculiarities of the functioning of markets. FC12. The ability to substantiate, present and implement the results of research in the field of marketing. FC13. The ability to plan and implement effective marketing activities of a market entity in a cross-functional section. FC14. Ability to propose improvements to marketing functions.
Learning outcomes: O1. Demonstrate knowledge and understanding of the theoretical foundations and principles of marketing activities. O 2. Analyze and predict market phenomena and processes based on the application of fundamental principles, theoretical knowledge and applied skills of marketing activities. O 4. Collect and analyze the necessary information, calculate economic and marketing indicators, justify management decisions based on the use of the necessary analytical and methodological tools. O 5. Identify and analyze the key characteristics of marketing systems at different levels, as well as the behavior of their subjects. O 7. Use digital information and communication technologies, as well as software products necessary for the proper conduct of marketing activities and the practical application of marketing tools. O 10. Explain information, ideas, problems and alternative management decisions to specialists and non-specialists in the field of marketing, representatives of various structural units of the market entity. O 17. Demonstrate skills of written and oral professional communication in state and foreign languages, as well as proper use of professional terminology. O 19. Identify skills of analysis of digitized information, justify management decisions based on changes in external and internal environment. O 20. Demonstrate skills in forecasting demand for domestic and international markets, explore online marketing metrics, substantiate management decisions.
Required prior and related subjects: Prerequisites: Entrepreneurship Corequisites: Macroeconomics; Microeconomics.
Summary of the subject: In the process of studying the academic discipline "International Economy", students will familiarize themselves with the laws of functioning and development of the international market organization of economic life; tools for analysis and programming of the development of an open national economy, features of its interaction with the economy of other countries; trends in the development of international commodity, investment, financial and labor markets; will consider the institutional structure of regulation of the international economy, trends in its development and ways of improvement; As a result of studying the academic discipline, the student should be able to demonstrate the following learning outcomes: 1. Understand the peculiarities of economic relations in the mega-environment compared to the macro- and micro-environment; 2. To be able to evaluate the trade advantages of countries in the conditions of the international division of labor; 3. To be able to apply the forms and methods of regulating the foreign trade policy of economic entities; 4. Understand the specifics and consequences of migration processes; 5. Be able to evaluate the effectiveness of international capital movement and international credit relations; 6. Understand the essence of the international currency system and knowledge of its main means and tools; 7. To be able to objectively assess the role of Ukraine and its prospects in the integration process.
Опис: The essence, structure, main elements of the international economic system. The essence, factors and types of international division of labor. International specialization and cooperation. The essence, objects, subjects, forms of international economic relations. Evolution of theories of international economic relations. Theories of absolute and comparative advantage. Dynamic models of international competitiveness. Foreign, international and world trade. Tariff and non-tariff regulation of international trade and economic relations. Ukraine on the world market of goods and services. The essence, motivation and forms of international movement of capital. The essence, reasons and types of international investments. The world financial market, its structure and development trends. Transnational corporations and their sphere of activity. International credit and its main types. International monetary and financial organizations. Scales, forms, directions of modern migration processes. Concept of currency and its classification. Exchange rate and currency parity. Forms of international settlements and their comparative characteristics. International regional integration. International economic policy of Ukraine in the conditions of economic globalization.
Assessment methods and criteria: Oral survey during students' work in small groups during lectures, laboratory and practical classes. Written work and oral component on the exam. When working remotely (including under quarantine conditions), an interview with students is expected during video conferences during lectures and practical classes. Laboratory work is carried out in the classroom or (in the case of distance learning) on a home computer. Individual reports from laboratory work and written works are forwarded to the National Academy of Sciences, or to the teacher's e-mail address in the domain. Remote classes are held on the MS Teams and ZOOM platforms.
Критерії оцінювання результатів навчання: - Current control (testing, independent work, essay) - 40 points; - Final control - 60 points
Recommended books: 1. Foreign economic activity of the enterprise: Textbook for universities / I.V. Багрова, Н.І. Redina, V.Ye. Власюк, О.О. Hetman; For order. Dr. Econ. Sciences, Prof. IV Bagrova. - Kyiv, Center for Educational Literature, 2004. - 580 p. 2. Kozak Yu.G. International Economics: Textbook / Yu.G. Kozak and others. - К .: «АртЕС», 2002. 3. Kozyk VV, International Economic Relations: Textbook. way. / В.В. Kozik, L.A. Pankova, NB Danilenko. - 3rd ed., Revised. and ext. - К .: Знання-Прес, 2005. - 406 с. 4. Lukyanenko DG Economic integration and global problems of today: Textbook. manual / D.G. Lukyanenko. - К .: КНЕУ, 2005. 5. International Economics: Textbook / Yu.G. Kozak, D.G. Lukyanenko, Yu.V. Makogon and others. - К .: ЦУЛ, 2009. - 560 с. 6. International investment activity: Textbook / DG Lukyanenko, BV Gubsky, OM Brain, etc .; For order. Dr. Econ. Sciences, Prof. D.G. Lukyanenko. - К .: КНЕУ, 2003. - 387 с. 7. International relations (History. Theory. Economics): Textbook. manual / Ed. MZ Malsky, YM Moroz. - Lviv: LNU Publishing Center. Ivan Franko, 2002.