Global Problems of World Economy and International Economic Relations

Major: International Business
Code of subject: 7.292.01.M.15
Credits: 5.00
Department: Management and International Business
Lecturer: Dс.Sc. in Economics, Prof. Pyroh Olha (Department of MIB)
Semester: 2 семестр
Mode of study: денна
Learning outcomes: GLO 1. Have the necessary knowledge and skills in business communication in the field of international economic relations, as well as communicate effectively at the professional and social levels, including oral and written communication in a foreign language / languages. GLO 8. To develop and study adaptive models of equalization of imbalances and leveling of threats of global development, to offer variants of the decision of problems by results of research. GLO 9. Monitor, analyze, evaluate the activities of global firms (corporations, strategic alliances, consortia, unions, trusts, etc.) in order to identify their competitive positions and advantages in world markets. GLO 12. To determine the geoeconomic strategies of countries and their regional economic priorities, taking into account national economic interests and the security component of international economic relations in the context of global human problems and the asymmetry of the distribution of world resources. Kn 1. Conceptual knowledge acquired in the process of learning and / or professional activity at the level of the latest achievements, which are the basis for original thinking and innovation, in particular in the context of research work. Kn 2. Critical comprehension of problems in education and / or professional activity and on the border of subject branches (in this discipline - world economy and international economic relations). А 1. Solving complex problems and problems that require updating and integration of knowledge, often in conditions of incomplete / insufficient information and conflicting requirements. А 2. Carrying out research and / or innovation activities. С 1. Clear and unambiguous communication of own conclusions, as well as knowledge and explanations that substantiate them, to specialists and non-specialists, in particular to students. АR 1. Decision-making in difficult and unpredictable conditions, which requires the application of new approaches and forecasting.
Required prior and related subjects: Prerequisite: • Global economy. Сo-requisite: • Social responsibility.
Summary of the subject: General characteristics of global problems of the world economy and international economic relations. Global social problems: overcoming poverty, hunger and providing quality education, health care. Global economic challenges: reducing inequality, decent work and economic growth. Global financial problems: cyclical crises and financial debts (solvency of countries). Global environmental problems: provision of resources (water, air, energy), climate change and conservation of marine ecosystems, land ecosystems. Transnational corporations in the world economy: the problems of pricing and taxation.
Assessment methods and criteria: -final control in the form of a differentiated test based on the results of: oral examination (20%), written examination in the form of testing (50%), defense of laboratory work and control work (30%)
Recommended books: 1. Kuzmin O.E. Global Economy: Textbook / O.E. Kuzmin, O.V. Pyroh, I.V. Litvin - Lviv: Lviv Polytechnic Publishing House, 2016. - 300 c 2. Pyroh O.V. Economic development of the national economy of Ukraine: features and models in the conditions of post-industrial society: monograph / О.V. Pyroh. - Lviv: Lviv Polytechnic Publishing House, 2013. - 336 p. 3. Global economy: textbook: in 2 parts. Part 1. Theoretical foundations of global research. / В.В. Lipov. - Kharkiv: KhNEU named after S. Kuznets, 2017. - 228 p. [On line]. Access mode: D0% 92% 20% D0% 92.pdf 4. Baten Joerg. A History of the Global Economy. From 1500 to the Present. 2016. [On line]. 5. Mindell A. The Year 1: Global Process Work: Community Creation from Global Problems, Tensions and Myths [On line].