• A
  • A
  • A
  • ABC
  • ABC
  • ABC
  • А
  • А
  • А
  • А
  • А
Regular version of the site

World Economy

2021/2022
Academic Year
ENG
Instruction in English
3
ECTS credits
Delivered at:
Магистерская программа "Международный бизнес", направление подготовки "Менеджмент"
Course type:
Elective course
When:
1 year, 1 module

Instructor

Course Syllabus

Abstract

This course is designed for master students of the 1st year (1 module). It is taught in parallel with introductive course on international relations and provides the introduction to world economy. The course covers four blocks of topics: history of global economy, resources, international trade and international finance. The course doesn’t provide students with full vision and understanding of international economic processes. Its objective is to make an overview of stylized facts on the main dimensions of the global economy. This knowledge forms the base for further courses of “International business” master program.
Learning Objectives

Learning Objectives

  • Make an overview of stylized facts on the main dimensions of the global economy
  • Learn the evolution of world economy and stages of globalization
  • Distinguish theories of international trade and its key principles
  • Describe principles of world financial system and financial markets
  • Understand the types of economic resources and their specificities
  • Understand the issue of environmental degradation and it mitigation
Expected Learning Outcomes

Expected Learning Outcomes

  • Dsitinguish global financial markets and their impact
  • learn about the history and methodology of international economics
  • Understand all types of economic resources
  • Understand theories of international trade and its specificities
Course Contents

Course Contents

  • Introduction. History of the world economy. Globalization
  • International Trade
  • International Finanсe
  • Resources in global economy. Natural resource and environmental problems
Assessment Elements

Assessment Elements

  • non-blocking Exam
  • non-blocking Intermediate quizes
Interim Assessment

Interim Assessment

  • 2021/2022 1st module
    0.6 * Intermediate quizes + 0.4 * Exam
Bibliography

Bibliography

Recommended Core Bibliography

  • Bhagwati, J. (2007). In Defense of Globalization: With a New Afterword. Oxford University Press. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsrep&AN=edsrep.b.oxp.obooks.9780195330939
  • Clark, G. (2007). A farewell to alms : a brief economic history of the world / Gregory Clark. Princeton [u.a.]: Princeton Univ. Press. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edswao&AN=edswao.267141262
  • Dani Rodrik. (2018). What Do Trade Agreements Really Do? NBER Working Papers. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsrep&AN=edsrep.p.nbr.nberwo.24344
  • Gilpin, R. (DE-576)161117015. (2001). Global political economy : understanding the international economic order / Robert Gilpin. Princeton, NJ [u.a.]: Princeton Univ. Press. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edswao&AN=edswao.089772180
  • Gilpin, R., & Gilpin, J. M. (2001). Global Political Economy : Understanding the International Economic Order. Princeton, N.J.: Princeton University Press. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=340193
  • Kołodko, G. W., & Brand, W. R. (2011). Truth, Errors, and Lies : Politics and Economics in a Volatile World. New York: Columbia University Press. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=982191
  • Maddison, A. (2001). The world economy : a millennial perspective / by Angus Maddison. Paris: OECD. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edswao&AN=edswao.092066682
  • Mai Farid, Michael Keen, Michael G. Papaioannou, Ian W.H. Parry, Catherine A Pattillo, & Anna Ter-Martirosyan. (2016). After Paris; Fiscal, Macroeconomic and Financial Implications of Global Climate Change. IMF Staff Discussion Notes. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsrep&AN=edsrep.p.imf.imfsdn.16.01
  • Porter, M. E., & Kramer, M. R. (2011). Creating Shared Value. Harvard Business Review, 89(1/2), 62–77. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=bsu&AN=56698455
  • Rodrik, D. (2017). Populism and the Economics of Globalization. CEPR Discussion Papers. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsrep&AN=edsrep.p.cpr.ceprdp.12119
  • Sempa, F. P. (2011). The New Geopolitics of Food. American Diplomacy, 1. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=poh&AN=63231370
  • Stern, N. (2007). Stern Review on the economics of climate change. London: Cambridge University Press. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edswao&AN=edswao.38551722X
  • Stiglitz, J. E. . V. (DE-588)120068524, (DE-627)080424244, (DE-576)163200661, aut. (2017). Globalization and its discontents revisited anti-globalization in the era of Trump Joseph E. Stiglitz. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edswao&AN=edswao.497220709

Recommended Additional Bibliography

  • North, D. C. (DE-588)119307944, (DE-627)080115144, (DE-576)162401531. (2005). Understanding the process of economic change Douglass C. North. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edswao&AN=edswao.114940606