Global Problems of World Economy and International Economic Relations

Major: International Business
Code of subject: 7.292.01.M.015
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 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. СОМ 1. Clear and unambiguous providing of own conclusions, as well as knowledge and explanations that substantiate them, to specialists and non-specialists, in particular to students. А&R 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%), laboratory work performance(30%)
Recommended books: 1. Pyroh O., Kalachenkova K., Kuybida V., Chmil H., Kiptenko V., Razumova O. The influence of factors on the level of digitalization of world economies // International Journal of Computer Science and Network Security. – 2021. – Vol. 21, No. 5. – P. 183–191. 2. Pyroh O., Prokopenko M., Chernobay L., Kovalenko R., Papizh Y., Syta Y. Management of business processes and export-import activity of industrial enterprises in the digital economy [Електронний ресурс] // Estudios de Economia Aplicada. – 2021. – Vol. 39, No. 5. 3. Arkolakis Costas, Ramondo Natalia, Rodriguez-Clare Andres, Yeaple Stephen. Innovation and Production in the Global Economy. American Economic Review 2018, 108(8). PP. 2128–2173. [On line]. https://pubs.aeaweb.org/doi/pdfplus/10.1257/aer.20141743 4. Baten Joerg. A History of the Global Economy. From 1500 to the Present. 2016. [On line]. https://books.google.com.ua/books?hl=uk&lr=&id=gmOKCwAAQBAJ&oi=fnd&pg=PR8&dq=global+economy&ots=Bh0G6fORIa&sig=8hEH_RR6vQf0xxF_mZfXSbWJzRs&redir_esc=y#v=onepage&q=global%20economy&f=false 5. Dunning John H., Lundan Sarianna. Multinational Enterprises and the Global Economy (Second edit.). 2008. [On line]. https://books.google.com.ua/books?hl=uk&lr=&id=Hz6S4BGmGxUC&oi=fnd&pg=PR1&dq=global+economy&ots=HT0cOVgEZD&sig=Wh-rhFpmp0CNfmR0cnpRTP7_h8s&redir_esc=y#v=onepage&q=global%20economy&f=true 6. . Mindell A. The Year 1: Global Process Work: Community Creation from Global Problems, Tensions and Myths [On line]. https://books.google.com.ua/books?hl=uk&lr=&id=fXaZDwAAQBAJ&oi=fnd&pg=PT6&dq=global+problems&ots=Eff_d110pB&sig=-Otqe3bEO-hmIC2OZnKZVOSBFPg&redir_esc=y#v=onepage&q=global%20problems&f=false