International Economics

Major: Finance, Banking and Insurance
Code of subject: 6.072.00.O.020
Credits: 5.00
Department: Management and International Business
Lecturer: PhD., Associate Professor Lytvyn I.V.
Semester: 3 семестр
Mode of study: денна
Мета вивчення дисципліни: To study the structure of the international economy, the objective laws and principles of its development, to gain knowledge about the conditions, methods and basic tools of international economic interaction, as well as to develop the skills and abilities to analyze the foreign economic policy of Ukraine in the process of its integration into modern world economic structures.
Завдання: General competences: ZK 04. Ability to communicate in a foreign language. ZK 11. Ability to communicate with representatives of other professions of groups of different levels (with experts from other fields of knowledge/types of economic activity). Professional competences: SK02. Understanding the peculiarities of the functioning of modern global and national financial systems and their structure. SK13. Ability to establish effective financial relations and long-term cooperation with consumers, financial intermediaries, investors, financial and credit institutions, insurance companies, using regulatory documents based on contract law.
Learning outcomes: PR01. To know and understand the economic categories, laws, causal and functional relationships that exist between processes and phenomena at different levels of economic systems. PR03. To determine the features of the functioning of modern world and national financial systems and their structure. PR10. To identify sources and understand the methodology for determining and methods of obtaining economic data, collect and analyze the necessary financial information, calculate indicators that characterize the state of financial systems. Teaching and learning methods: Lectures, practical classes - information-receptive method, reproductive method, heuristic method, problem presentation method. Independent work is a reproductive, research method. Methods of evaluating the achievement of learning outcomes: Current and examination control. Methods of current assessment of knowledge: selective oral survey, presentations at seminars, tests, colloquiums, assessment of activity, submitted proposals, original solutions, clarifications and definitions, etc. Exam - test control, oral component.
Required prior and related subjects: Prerequisite: :Management Macroeconomics Co-requisite: Statistics Finance, money and credit
Summary of the subject: The essence of the international economy. Features of international trade. Theories of international trade in goods and services international trade policy. International trade in services. International movement of capital. Modern features of the international movement of capital.  Financial globalization. TNCs are the locomotives of economic and financial globalization. International labor migration. international technology transfer. International economic integration. international monetary and financial systems. The evolution of the world monetary system. The European Monetary System. The currency value and rate of exchange. Mechanisms of foreign exchange transactions and their types of balance of payments. International financial markets. The essence and structure of the global financial market. European markets and the specifics of their operations. Regulation of international economic relations mission and functions of international credit and financial organizations.
Опис: Topic 1. Subject and structure of the international economy Topic 2. Functional relationships in the international economy. Topic 3. Theories of international trade in goods and services. Topic 4. International trade policy and its tools Topic 5. International trade in services. Topic 6. International movement of capital. Topic 7. International labor migration. Topic 8. International technology transfer. Topic 9. International economic integration Topic 10. International monetary and financial system. Topic 11. Currency value and exchange rate. Topic 12. Balance of payments. Topic 13. International financial markets. Topic 14. Regulation of international economic relations.
Assessment methods and criteria: The main forms of control of students' knowledge are control at lectures and practical classes, at consultations and exams Current control at practical classes is conducted in order to identify students' readiness for classes and their ability to demonstrate the acquired knowledge in practice by using the following methods: selective oral survey; face-to-face examination of knowledge on the topics covered in the lectures; checking the correctness of the control homework solution. Control measures are conducted in written form with the following oral component
Критерії оцінювання результатів навчання: The maximum score - 100 points Current control (PC) - 30 points: - presentation of individual independent works (10 points); - oral and written survey, performance of tasks, situational exercises and cases (20 points) Examination control – 70 points: written component (50 points), oral component (20 points)
Порядок та критерії виставляння балів та оцінок: Procedure and criteria for assigning points and grades: • work in practical classes is: presentation of control homework - 10 points, oral and written survey, performance of tasks, situational exercises and cases - 20 points, together - 30 points; • for performance of the control measure (examination task) – 70 points (50 – written component, 20 – oral component).
Recommended books: 1. Липов В. В. Глобальна економіка : навчальний посібник : у 2-х частинах. Частина 1. Теоретичні засади глобальних досліджень : [Електронне видання] / В. В. Липов. – Харків : ХНЕУ ім. С. Кузнеця, 2017. – 228 с. 2. Кузьмін О. Є. Глобальна економіка / О. Є. Кузьмін, О. В. Пирог, І. В. Литвин. – Львів: Видавництво Львівської політехніки, 2016. – 300 с. 3. Козак Ю. Г. Міжнародна економіка: в питаннях та вiдповiдях [текст] підруч. / Ю. Г. Козак. – К.: Центр учбової літератури, 2017. – 228 с. 4. Міжнародна економіка та міжнародні економічні відносини: навч. посібник / А.О. Босак, О.Ю. Григор’єв, Ю.В. Малиновський, В.П. Далик. – 2-е вид., перероб. і доп. – Львів: СТ «Міські інформаційні системи», 2018. – 364 с. 5. Босак А.О. Міжнародна макроекономіка: теорія і практика регулювання: навч. посібник / А.О. Босак, О.Ю. Григор’єв, Ю.В. Огерчук, А.В. Тодощук. – Львів: СТ «Міські інформаційні системи», 2016. – 206 с. 6. Міжнародна економіка та міжнародні економічні відносини : практикум : навч. посіб. / В.В. Козик, Л.А. Панкова, Ю.В. Огерчук, О.Ю. Григор’єв, А.О. Босак. – 3-є вид., переробл. і доповн. – К. : Знання, 2016. – 583 с. 7. Міжнародні фінанси: Навчальний посібник/За ред. Козака Ю.Г. Логвінової Н.С. – Київ: ЦУЛ, 2011. 8. Міжнародна економіка : підручник / Д. Г. Лук’яненко, А. М. Поручник, Я. М. Столярчук. — К. : КНЕУ, 2014. — 762 с.
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