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Бакалавриат 2022/2023

Экономика

Направление: 45.03.02. Лингвистика
Когда читается: 1-й курс, 1, 2 модуль
Формат изучения: с онлайн-курсом
Онлайн-часы: 30
Охват аудитории: для всех кампусов НИУ ВШЭ
Преподаватели: Розанова Надежда Михайловна
Язык: английский
Кредиты: 4
Контактные часы: 30

Course Syllabus

Abstract

Material life is a fundamental factor that forms basics of our existence. Although our needs, desires, wants, and wishes are unlimited, the resources to cover them are in short supply. As individuals, we all would like to have the highest possible level of well-being, to get a good job and to make big money. But how to achieve these ambitious goals? That is what Economics is about! Economics is the social science that studies production, distribution, and consumption of goods and services. Its aim is to find optimal/efficient ways to allocate scarce resources among boundless wants and needs. Economics focuses on the behaviour and interactions of people in their material life. How do/can/should people make their decisions in economic corporate and individual communication, in management, marketing, public relations and human resources? How to run a household and manage income and expenses? How to be practical in our everyday small and large interpersonal communications? These questions are in the core of the Economics subject. Economics is a complicated and multisided science. That is why we study Economics systematically and gradually, step by step. The first step is Introductory Economics. It is what is meant by Economics discipline in the School of Foreign Languages. Introductory Economics deals mostly with words, there are no complex models that would need advanced mathematical knowledge. The key idea of Introductory Economics is to understand the main relationships in our everyday economic life. If you understand how consumers behave, how and what firms do to maximize their profits, how the market mechanism works, what the government can and cannot do in improving market imperfections, and the things alike, you are the boss in Economics! It is more than enough for both getting high marks in the tests and making out your own economic situations. As Economics is taught for students with linguistic specialization, the core of the course lies in the area of words and expressions that could be useful for them in their future profession. The course teaches the reading, speaking, listening and writing skills needed in today’s global workplaces together with essential business, economic, and financial vocabulary and grammar. The course is based on authentic economic and financial situations, giving you the skills to communicate in real-life business scenarios, so you will develop the ability to express your opinion, present your ideas and negotiate in an international workplace. Economics is a two-module course (a one-semester course) for the first-year students. There are three parts. The first part is devoted to introduction elements of Economics that are general to the whole of the discipline. The second part covers microeconomic topics that deal with the economic problems at the level of firms and individuals. The third part touches upon macroeconomic topics that treat economic issues at national and international levels. During the course, the students are expected to deepen their understanding of how modern economy works, develop basic tools of economic analysis and improve their skills in applying theory to current economic problems. Economics is a core and compulsory discipline under world standards. The course is taught in English. The course offers a range of business learning and support materials to help you communicate with confidence in the area of Economics, Business and Finance.
Learning Objectives

Learning Objectives

  • • Learning Objectives • to expand the students’ knowledge in the field of economics • to develop skills for understanding and analyzing real economic situations • to provide the students with the knowledge of basic micro- and macroeconomic models and their applications to the current economic cases
Expected Learning Outcomes

Expected Learning Outcomes

  • To demonstrate comprehensive knowledge
  • To demonstrate comprehensive knowledge and understanding of social and economic policy considerations in various cases
  • To demonstrate the ability to effectively communicate relevant economic information and arguments
  • To evaluate critically the appropriateness of different economic approaches to solving social and economic problems at local, regional, national and international levels
  • To explain the relevant doctrines and provide examples of key cases in each major topic of Microeconomics
  • To explain the relevant doctrines and provide examples of key cases in each major topic of Microeconomics and Macroeconomics
  • To outline the general concepts and basic economic terms
  • To structure logically and present economic arguments both in writing and in speaking
  • To understand the economic way of thinking
  • To understand the fundamental micro- and macroeconomic concepts and analyse how to use them in our everyday life
Course Contents

Course Contents

  • Introduction to Economic Thinking
    As Economics is taught for students with linguistic specialization, the core of the course lies in the area of words and expressions that could be useful for them in their future profession. The course teaches the reading, speaking, listening and writing skills needed in today’s global workplaces together with essential business, economic, and financial vocabulary and grammar. The course is based on authentic economic and financial situations, giving you the skills to communicate in real-life business scenarios, so you will develop the ability to express your opinion, present your ideas and negotiate in an international workplace. Economics is a two-module course (a one-semester course) for the first-year students. There are three parts. The first part is devoted to introduction elements of Economics that are general to the whole of the discipline. The second part covers microeconomic topics that deal with the economic problems at the level of firms and individuals. The third part touches upon macroeconomic topics that treat economic issues at national and international levels. During the course, the students are expected to deepen their understanding of how modern economy works, develop basic tools of economic analysis and improve their skills in applying theory to current economic problems. Economics is a core and compulsory discipline under world standards. The course is taught in English. The course offers a range of business learning and support materials to help you communicate with confidence in the area of Economics, Business and Finance.
  • Microeconomics
  • Macroeconomics
Assessment Elements

Assessment Elements

  • non-blocking Test 1 (Microeconomics)
    Tests are done as parts of the final written online or offline control work. Each test takes 50 minutes, comprises both economic and linguistic tasks, and could be done either online or offline. There are 40 questions in each test.
  • non-blocking Test 2 (Macroeconomics)
    Tests are done as parts of the final written online or offline control work. Each test takes 50 minutes, comprises both economic and linguistic tasks, and could be done either online or offline. There are 40 questions in each test.
  • non-blocking Essay Collective Project
    Essay is a collective project work. It is done by a mini-group of students (3-4 persons analysing one topic). The topics are provided by the teacher. There should be two parts, a written paper (up to 10’000 characters) and a paper defence (an oral presentation, up to 10 minutes). Each part has equal weights of 0.5 in the total essay estimation. Essay estimation includes the following aspects: the basic skills of argumentative communication in English to ensure the maximum range and authenticity of economic content; skills in giving a presentation (reasons in support or against a particular point of view, the advantages and disadvantages of various opinions); presentation (informative/descriptive/argumentative/persuasive speech). With respect to cases of plagiarism identified after the grades have been announced, the grade in the record sheet shall be changed to “0”.
  • non-blocking Seminar Activity
    Ongoing assessment is carried out as part of the regular and systematic monitoring of students’ academic knowledge during seminars, including distance learning courses, and other forms of studies (internships, project work, scientific seminars etc.). Seminar Activity includes the following marks:  Individual Oral Activity during seminar sessions (speeches, reports, questions, comments) = max 5 points for each presentation. It comprises: • skills of participating in debates (active listening, questioning, responding to questions, emphasizing, discussion strategies) • skills of participating in dialogue on general, academic, and professional topics. (active listening, questioning, responding to questions, emphasizing, discussion strategies) • skills in delivering a monologue: informative/descriptive/reasoning • understanding of specialised complex longer texts/articles and reports concerned with contemporary economic problems • ability to read and understand journal articles, texts, lectures from different perspectives • learning topic-based vocabulary and its active usage in oral and written presentations  Quizzes (up to 10 minutes) = max 5 points There is a kind of competition among the students. It means the time for the quizzes is strictly limited. If it is said the time is, for example, 10 minutes, after the time is over, the answers will not be taken into account.  Home assignments = max 5 points All the points are accumulated during the term. The highest score in the group is normalized to 10 points. The scores of the other students are then enumerated accordingly. During seminars the students are expected to provide arguments in economic tasks, both with good English economic terminology and good economic insides. Independent work includes activities that students do at home, in the classroom and online work. The elements of independent work cannot be retaken. HSE has internal regulations concerning plagiarism. All the written assignments, at home or in class, are tested for plagiarism. If we come across an issue that can be characterized as plagiarism, the grade for the task must be given zero (0). The originality of all the answers should not be less than 90%. Otherwise, the paper could not be assessed.
Interim Assessment

Interim Assessment

  • 2022/2023 2nd module
    0.28 * Test 2 (Macroeconomics) + 0.16 * Seminar Activity + 0.28 * Test 1 (Microeconomics) + 0.28 * Essay Collective Project
Bibliography

Bibliography

Recommended Core Bibliography

  • Brief principles of macroeconomics, Mankiw, N. G., 2007
  • Economics, Begg, D., 1994
  • Economics, Begg, D., 2005
  • English for Economics : учеб. пособие для вузов, Розанова, Н. М., 2009
  • Modern principles of economics, Cowen, T., 2013
  • Principles of economics, Frank, R. H., 2001
  • Principles of economics, Mankiw, N. G., 1998
  • Principles of economics, Mankiw, N. G., 2001
  • Principles of economics, Mankiw, N. G., 2012
  • Principles of economics, Vandenplas, M., 1996

Recommended Additional Bibliography

  • Economics for business, Begg, D., 2004
  • Foundations of economics, Begg, D., 2001
  • Principles of economics, Case, K. E., 2014
  • Principles of economics, Case, K. E., 2016
  • Principles of economics, Melvin, M., 2013
  • Английский в сфере экономики и финансов : учебник, Розанова, Н. М., 2020
  • Английский в сфере экономики и финансов : учебник, Розанова, Н.М., 2020