Economic Theory

Major: Business, Trade and Exchange Activities
Code of subject: 6.076.00.O.003
Credits: 6.00
Department: Ecological Politics and Environment Protection Management
Lecturer: Farat Oleksandra
Semester: 1 семестр
Mode of study: денна
Learning outcomes: As a result of studying the discipline, the student must be able to demonstrate the following learning outcomes: AB3. Ability to further study with a high level of autonomy As a result of studying the discipline, the student must be able to demonstrate the following program learning outcomes: ZN 4. To use knowledge of forms of interaction of subjects of market relations for maintenance of activity of business, trade and exchange structures. ЗН5. Know the characteristics of goods, works and services in business, trade and exchange activities. УМ1. Ability to think critically, analyze and synthesize for professional purposes. УМ8. Apply the acquired knowledge to identify, set and solve problems in different practical situations in business, trade and exchange activities.
Required prior and related subjects: сo-requisites: Basics of entrepreneurship and management, Introduction to the specialty рostrequisites: Basics of marketing, Philosophy, Macroeconomics and microeconomics
Summary of the subject: Economic theory as a science. Driving forces and factors of production. Forms of social economy. Commodity organization of production .. Money. Their essence and functions. Inflation .. Economic systems of the modern world .. The market in the structure of the economic system. Competition and monopoly in a market economy. Regulation of economic processes at the micro and macro levels. Entrepreneurship and its organizational forms. Types of enterprises. The efficiency of the economy in the modern state. Financial and credit system. The role and functions of banks. The mechanism of market self-regulation and the limits of state market regulation. Cyclical economic development and its consequences Social reproduction of product and income. Measuring the volume of national production. World economy and forms of international economic relations
Assessment methods and criteria: Assessment of students' knowledge is based on the results of current and final controls. Current control (30%): written express control, performance of practical tasks, performance and defense of laboratory works. Final control (70%): written component (60%), oral component (10%).
Recommended books: 1. Galushka ZI, Pochenchuk GM Economics: theory and practice. Textbook. Chernivtsi: Chernivtsi. nat. un-t. 2020. 232 p. 2. Economic theory: a textbook / [ed. NI Kholyavko, OI Gonta]. - Chernihiv: National Scientific Institute of Economics of Chernihiv National Technological University, 2014. - 220 p. 3. Economic theory: a textbook / OV Stefanyshyn, MV Kvak, MV Kichurchak, MI Terebukh. - Lviv: Ivan Franko Lviv National University, 2015. - 336 p. 4. Karlin MI Politics and economics [Text]: textbook / MI Karlin, OA Ivashko. - Lutsk: Vezha-Druk, 2015. - 212 p. 5. Fundamentals of economic theory: a textbook / ON Litvinova, VS Kolomiychuk. - [2nd ed., Expanded and supplemented.]. - Ternopil: TSMU, 2015. - 428 p. 6. Danilovich-Kropyvnytska ML and others. Macroeconomics: Textbook / ML Danilovich-Kropyvnytska, PI Stetsiuk, IO Tyvonchuk. Second edition, supplemented. Lviv: Lviv Polytechnic Publishing House, 2017. 292 p 7. Skoryk GI and others. Introduction to macro- and microeconomics: Textbook / GI Skoryk, MB Shvetsova, PI Stetsiuk. Second edition. Lviv: Lviv Polytechnic Publishing House, 2019. 164 p. 8. Matselyukh NP Economic theories in the system of scientific economic knowledge: textbook. manual / NP Matselyukh, IA Maksimenko. - 2nd ed., Reworked. and ext. - К.: Центр учб. lit., 2016. - 226 p. 9. Farat OV Economic theory: Electronic textbook. Lviv: Lviv Polytechnic Publishing House, 2016. Electronic optical disk (CD-ROM). Educational and methodological support 1. Electronic discipline "Economic theory" in the virtual learning environment of the Lviv Polytechnic - https://vns.lpnu.ua/course/view.php?id=868 for students of specialty 076 Entrepreneurship, trade and stock market activity. •