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Economics of Foreign Countries
Major: International Economic Relations
Code of subject: 6.292.00.O.029
Credits: 5.00
Department: Management and International Business
Lecturer: Chernobay Liana Ivanivna, PhD, Prof.
Semester: 5 семестр
Mode of study: денна
Завдання: general competences: INT. The ability to solve complex specialized tasks and practical problems in the field of international relations in general and international economic relations in particular, as well as in the learning process, which involves the application of the latest theories and methods in the implementation of complex studies of global economic relations, is characterized by the complexity and uncertainty of conditions;
special (professional subject) competences: SK1. The ability to distinguish characteristic signs and trends of the development of the world economy, peculiarities of the implementation of economic policy and world integration / disintegration processes, including Euro-Atlantic integration; SK3. The ability to identify the peculiarities of the functioning of the environment of international economic relations and models of economic development; SK11. The ability to conduct research on economic phenomena and processes in the international sphere, taking into account cause-and-effect and spatio-temporal relationships; SK14. Ability to communicate on a professional and social level using professional terminology, including oral and written communication in national and foreign languages.
Learning outcomes: Learning outcomes:
RN2. Communicate freely on professional matters in national and foreign languages orally and in writing, use economic terminology professionally.
RN4. To systematize and organize the received information about processes and phenomena in the world economy; evaluate and explain the influence of endogenous and exogenous factors on them; formulate conclusions and develop recommendations taking into account the peculiarities of the national and international environment.
RN8. To understand, highlight and describe new phenomena, processes and trends of global development, mechanisms and tools for implementing economic policy and world integration / disintegration processes, including Euro-Atlantic integration.
RN10. To identify and single out the peculiarities of the functioning of subjects of international relations and models of their economic development.
RN23. To be aware of the need for lifelong learning in order to maintain professional competence at a high level.
Know2. Critical understanding of basic theories, principles, methods and concepts in education and professional activity.
Com1. Conveying to specialists and non-specialists information, ideas, problems, solutions and own experience in the field of professional activity.
AandR3. Ability to further study with a high level of autonomy.
Teaching and learning methods
Verbal, visual, practical. Lectures and practical classes: information-receptive method; reproductive method; heuristic method; problem statement method.
Individual work:
reproductive method; research method.
Methods of evaluating the achievement of learning outcomes
Current and examination control. Knowledge assessment methods: oral survey at the beginning of classes; current testing at the virtual learning environment; assessment of the student's activity during practical classes, clarifications and definitions, additions to previous answers; evaluation of submitted proposals, original solutions during the defense of control papers for correspondence education, etc. Examination: testing, oral examination.
Required prior and related subjects: -prerequisite: International Economics, International economic Relations;
-co-requisite: International monetary and financial relations,International organizations and transnational corporations.
Summary of the subject: As a result of the study of the discipline, the recipient of higher education
will know: general patterns of world economic development and their impact on national economies; theories of the development of national economies, their essence, types and evolution; models of economic development of the countries of the world and determinants of their competitiveness; approaches to evaluating the macroeconomic results of the functioning of national economies for the purpose of their further forecasting; key directions of the economic policy of the governments of foreign countries;
will be able to: identify the country's place in the system of international economic relations, taking into account the general patterns and trends of development; analyze the economic potential of the country and the factors that determine it; to study the institutional and sectoral structure of the national; evaluate macroeconomic performance; to form recommendations for increasing the competitiveness of the national economy.
Опис: National economies in the system of the world economy. Evolution of models of economic development of the countries of the world. Determinants of economic success of countries. The economy of the USA and Canada. Economy of the countries of the European Union. Economy of Japan. Peculiarities of the economic development of newly industrialized countries. Economy of the countries of Central and Eastern Europe. Economy of developing countries. Economy of the countries of Central Asia. Economy of China. Economy of the countries of the Near and Middle East. Strategic trade and economic partners of Ukraine
Assessment methods and criteria: - Current control (30%): written reports of individual work, oral questioning, work in virtual Lviv Polytechnik learning environment, presentations
- Final control (70%): semester control (written-50% and oral-20% component)
Критерії оцінювання результатів навчання: Current control – 30 points. Oral survey, solving problems - 3 points (practical 2 - 1 point; practical 5 - 1 point; practical 8 - 1 point); Work at the virtual learning environment 1 point for each subject, taking into account correction factor (percentage of correct answers in the overall structure) - 10 points; Presentations of the results of independent work - 17 points (practical 1 - 2 points; practical 3 - 4 points; practical 4 - 3 points; practical 6 - 4 points; practical 7 - 2 points; practical 9 - 2 points).
Examination control - 70 points. Written component 50 points; oral component - 20 points.
In case of non-fulfillment of certain criteria from one or another form of knowledge control, the number of points awarded to the student may be reduced:
- for an incomplete answer - 0.5 points;
- for each incorrect answer - 1 point;
- 2 points for unreliability of the provided information;
- for insufficient disclosure of the topic - 1.5 points;
- for lack of references to literary sources - 0.5 points.
Порядок та критерії виставляння балів та оцінок: 100–88 points – (“excellent”) is awarded for a high level of knowledge (some inaccuracies are allowed) of the educational material of the component contained in the main and additional recommended literary sources, the ability to analyze the phenomena being studied in their interrelationship and development, clearly, succinctly, logically, consistently answer the questions, the ability to apply theoretical provisions when solving practical problems; 87–71 points – (“good”) is awarded for a generally correct understanding of the educational material of the component, including calculations, reasoned answers to the questions posed, which, however, contain certain (insignificant) shortcomings, for the ability to apply theoretical provisions when solving practical tasks; 70 – 50 points – (“satisfactory”) awarded for weak knowledge of the component’s educational material, inaccurate or poorly reasoned answers, with a violation of the sequence of presentation, for weak application of theoretical provisions when solving practical problems; 49-26 points - ("not certified" with the possibility of retaking the semester control) is awarded for ignorance of a significant part of the educational material of the component, significant errors in answering questions, inability to apply theoretical provisions when solving practical problems; 25-00 points - ("unsatisfactory" with mandatory re-study) is awarded for ignorance of a significant part of the educational material of the component, significant errors in answering questions, inability to navigate when solving practical problems, ignorance of the main fundamental provisions.
Recommended books: 1.The certified educational and methodological complex "Economics of foreign countries" is located in the virtual educational environment at the address: Course: Economics of foreign countries (lpnu.ua)
2. Methodological instructions for conducting practical classes and independent work in the discipline "Economics of foreign countries" for students of the first (bachelor's) level of higher education, specialty 292 "International economic relations" (all forms of education) / Acc.: Chernobay L.I., Lema G.V., Malibroda S.B. – Lviv: Publishing Center of the MMP INEM Department of the Lviv Polytechnic National University, 2021. – 23 p.
3. Methodological recommendations for the performance of control papers in the discipline "Economics of foreign countries" for students of the first (bachelor's) level of higher education, specialty 292 "International economic relations" (all forms of education) / Incl.: L.I. Chernobaj, G. Lema. V., Malibroda S.B. – Lviv: Publishing Center of the MMP INEM Department of the Lviv Polytechnic National University, 2021. – 49 p.
4. Chernobai L.I., Bosak A.O., Malibroda S.B. Synopsis of lectures on the discipline "Economics of foreign countries" for students of the first (bachelor's) level of specialty 292 "International Economic Relations" of all forms of education. – Lviv: Publishing Center of the MMP INEM Department of the Lviv Polytechnic National University, 2021. – 123 p.
5. Economy of foreign countries: education. manual / O.E. Kuzmin, L.I. Chernobai, A.O. Bosak, M.V. Kizlo. - Lviv: Publishing House of the National University "Lviv Polytechnic", 2010. - 408p.
6. Kozik V.V. International economic relations: training. manual / V.V. Kozyk, L.A. Pankova, N.B. Danylenko. – 8th ed., revised. and additional - K.: Znannia, 2011. - 469 p. – (Higher education of the 21st century)
7. Chernobay L.I., Kuzmin O.E., Adamyk V.V., Malibroda S.B. (2020) Modeling the Impact of International Migration on Economic Development of a Country: Case Study of Ukraine. Ekonomicky casopis / Journal of Economics 1/68/2020. – P. 33 – 54.
8. Liana Chernobay, Tetiana Yasinska, Svyatoslav Malibroda (2020) Applied aspect of corporate social responsibility impact on company competitiveness (UNILEVER example). ENTERPRISE. Southwestern University "Neofyt Rylsky", Faculty of Economics. Issue 1, Hour VIII, 2020. "Neofyt Rylski" University Publishing House, Blagoevgrad, 2020. - P. 32-44.
9. Liana Chernobay, Sviatoslav Malibroda (2021) The method for estimating the impact of migrants' remittances on the financial and economic development of a country. Mind Journal 10/2020. Peer-reviewed scientific journal. Semiannual. Publisher: University of Economics and Humanities. – https://doi.org/10.36228/MJ.10/2020.5
10. Chernobay L.I., Yasinska T.V., Kuziv O.P. Study of the labor market in Ukraine and recipient countries of Ukrainian labor migrants in the context of sustainable development / L. I. Chernobai, T. V. Yasinska, O. P. Kuziv. - Scientific Bulletin of the Uzhhorod National University. Series International economic relations and world economy. – Publishing house "Helvetica", 2021. - Issue 36. - P.164-170.
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