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Бакалавриат 2020/2021

Экономика

Лучший по критерию «Полезность курса для расширения кругозора и разностороннего развития»
Лучший по критерию «Новизна полученных знаний»
Статус: Курс обязательный (Социология и социальная информатика)
Направление: 39.03.01. Социология
Когда читается: 1-й курс, 1 модуль
Формат изучения: с онлайн-курсом
Язык: английский
Кредиты: 4

Course Syllabus

Abstract

The course is based on the online-course «Principles of Economics». Students complete the course in accordance with the schedule set up by the online-platform. Theoretic materials are presented in the form of video-lectures and additional sources. The assessment strategy includes tests. Students support is provided by the platform via online-forum and by the course instructor via classes.
Learning Objectives

Learning Objectives

  • The main role of this course is to explore economic way of thinking and the role incentives play in all our lives. The course is based on the online-course “Principles of Economics” in two parts – Microeconomics and Macroeconomics (URL: https://mru.org/principles-economics-microeconomics; https://mru.org/principles-economics-macroeconomics-0) The main role of this course is to explore economic way of thinking and the role incentives play in all our lives. The first part of the course is microeconomic one. It will cover fundamental microeconomics concepts like supply and demand and equilibrium. It will also answer questions such as: How are prices determined? What did Adam Smith mean when he said the market process works like an “invisible hand”? How is it that we have access to fresh roses in very chilly cities every Valentine’s Day? It will cover all the key topics including competition, monopoly, externalities, public goods and more. The second part of the course is macroeconomic one. It will cover fundamental macroeconomics questions such as: Why do some countries grow rich while others remain poor? How important is a country’s banking system — and what happened during the recent financial crisis? How did Zimbabwe end up with an inflation rate that rose into the quadrillions? This part will also cover important topics like monetary policy, fiscal policy, the Solow Growth Model, institutional analysis, the “economics of ideas,” and more.
Course Contents

Course Contents

  • Supply, Demand and the Equilibrium
    Here the foundations demand and supply analysis are discussed.
  • Taxes and Subsidies
    The types of taxes and subsidies are discussed; and we analyze how indirect taxation generates deadweight losses
  • The Price System
    Here we discuss different functions of the price system in the market capitalist economy.
  • Price Ceilings and Price Floors
    This topic devotes to an analysis of disequilibria due to both price ceilings and price floors. In particular, we show that deadweight losses emerge again.
  • GD, its Splitting and its Growth
    We talk about what is GDP; what is difference between nominal GDP and real GDP, discuss various methods of calculating GDP. Then we talk about “growth miracles” and “growth disasters” in different economic systems.
  • Savings, Investment and the Financial System
    What are savings? How savings can be transformed into investment? We try to give answers to these and some other questions.
  • Unemployment and its Types
    Here we discuss different types and classifications of unemployment. In particular, we analyze both classical unemployment and Keynesian one.
  • Business Fluctuations and Business Cycle Theories
    Finally we talk about different theories of business cycles, especially we compare Keynesian and monetarist approaches.
Assessment Elements

Assessment Elements

  • non-blocking Big Homework
  • non-blocking Test #1
  • non-blocking Test #2
  • non-blocking In-class Participation
Interim Assessment

Interim Assessment

  • Interim assessment (1 module)
    Both in-class tests are written working with “open-type questions”. There are no blocking forms of control.
Bibliography

Bibliography

Recommended Core Bibliography

  • Turner, A. (2012). Economics After the Crisis : Objectives and Means. Cambridge, Mass: The MIT Press. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=443564

Recommended Additional Bibliography

  • Экономикс: принципы, проблемы и политика : Учебник, Макконнелл К.Р., Брю, С.Л., 2005