УТВЕРЖДАЮ
Зав. кафедрой общественного
здоровья и здравоохранения
профессор
Т.М. Шаршакова
2016
Subject Plan for practical training of students
of the Faculty for foreign students training in the 3d semester of 2016/2017 academic year
Subject№1. Economic Theory: its subject and functions
Learning Objectives: On studying this subject students are to know what are economic needs, what
kinds they can be and how they change with the overall evolution of the human society; to know factors of
production and their classification, understand opportunity costs and be able to represent them using
production-possibilities curve; to be able to bring reasons for specialization and explain the difference
between absolute and comparative advantage; to know different ways to overcome the major problem in
economics — the scarcity of resources; to know the main indicators of production efficiency.
Questions for monitoring:
1.What is the major difference between needs and resources?
2.What happens to human needs as our society develops?
3.What do economists refer to factors of production? What are the principle factors of production?
4.What is the difference between real and money capital?
5.What is ageing? What kinds of ageing are distinguished?
6.What does the problem of choice mean in economy?
7.What does the production-possibilities frontier represent?
8.What type of goods is more important to produce: capital or consumer?
9.What are opportunity costs? When do they emerge?
10.What is the essence of the law of increasing opportunity costs?
11.How is it possible to reach economic growth with limited resources?
12.What does specialization mean and how is it implemented?
13.What is comparative advantage and how is it different from absolute one?
14.What are the indicators of production efficiency?
Subject№2. Economic Systems
Learning Objectives: After studying this subject students are to understand what an economic system
means, to know its elements and levels; to know the types of economic systems and be able to define them;
to understand the notion of property and know its types, to know the basic ways of property reforming; to
define market and list and explain its major features, to be able to represent and explain market circulation of
goods, resources and money; to know different kinds of competition and be able to differentiate them; to
understand the notion of market failure and know the state measures for market regulation.
Questions for monitoring:
1.What is an economic system?
2.What are the major features of traditional economy?
3.What are the major features of planned economy?
4.What are the major features of mixed economy?
5.What can become a property?
6.What types and forms of property exist?
7.How can property be reformed? What is nationalization, privatization?
8.What features distinguish market economy from the other economic systems?
9.What are the main directions of government intervention in market economy?
10. Give the examples of private and public property.
11. Give the examples of intellectual property.
12.What are the main directions of state protection of property rights?
2
Subject№3. Market Economy
Learning Objectives: After studying this subject students are to understand what market means, to
know elements of market mechanism; to know the types of markets and be able to define them; to know the
basic ways of government’s regulation of market economy; to define market and explain its major features,
to be able to represent and explain market circulation of goods, resources and money; to know different kinds
of competition and be able to differentiate them; to know how government supports perfect competition, how
government carry out antimonopoly policy.
Questions for monitoring:
1.What is market?
2.What is the main types of markets?
3.What is the market mechanism?
4.Who are the market participants?
5.What factors are vital for market development?
6.Is competition essential for market economy?
7.What is perfect competition?
8.What is the difference between monopoly and oligopoly?
9.What is the difference between monopoly and monopsony?
10.How can Government regulate market economy?
11.How can Government regulate competition between market participants?
12.Can you represent the circulation of goods, resources and money in market economy?
13.How do Government carry out antimonopoly policy?
Subject№4. Supply and Demand. Elasticity of Supply and Demand.
Learning Objectives: In the course of studying this subject students are to learn what supply and
demand are, learn to understand demand and supply representation in demand and supply schedules, learn
how to draw demand and supply curves, learn to explain demand and supply curves' shifts, learn the
determinants of supply and demand, study the notion of market equilibrium; students are to know two basic
ways of price regulation, their influence on demand and supply curves’ shifts; they are to learn what
elasticity is and what kinds of elasticity exist, how elasticity of goods affect their demand and supply.
Questions for monitoring:
1.What does demand mean?
2.How does demand depend on the price?
3.What are non-price determinants of demand?
4.What is the difference between complements and substitutes?
5.Can you explain the law of demand?
6.How can demand be visually represented?
7.What is the difference between individual and market demand?
8.What do economists call «supply»?
9.What factors influence supply?
10.How do demand and supply interact?
11.When do the shortages and surpluses of producer and consumer emerge?
12.What do price ceilings and price floors mean? What are their effects?
13.What is elasticity of demand?
14.Is price elasticity different from income elasticity?
15.How can cross-elasticity be defined?
16.What goods can be considered elastic?
Subject№5. The resource market and income distribution.
Learning objectives: On studying this material students are to tell the difference between product and
resource markets, to be able to classify the latter according to the relevant factors of production, they are to
explain how resources are employed and what income their suppliers get; students are to describe labor market
and its structure, explain the distribution of wages and differentiate between their types; they are to know land
market and how rent is derived, what resources are supplied to capital market and what makes up the income at
this market; students are to understand what the optimal resource combination is.
Questions for monitoring:
1.What types of resource markets do you know?
2.What is labor market? Describe its structure.
3
3.Explain employment trends at labor market.
4.How is investment carried out at labor market?
5.What is land market?
6.What is rent and what does it depend upon?
7.Can you describe capital market?
8.How does interest rate affect capital supply?
9.What makes up the income for businessmen?
10.How can you explain the optimal combination of resources?
11.What is the least-cost combination of capital and labor?
12.What is the profit-maximizing combination of labor and capital?
Subject№6. The major macroeconomic indicators.
Learning Objectives: In the course of learning this material students are to obtain the following skills:
ability to explain the notion of national economy and describe its characteristics and structure, ability to
define national-income accounting system; ability to explain the major macroeconomic indicators and the
way they are counted and measured, ability to find the difference between real and nominal GNP, ability to
define the wealth of nation and describe its constituents.
Questions for monitoring:
1.What is macroeconomics? What does it study?
2.What are the major macroeconomic problems of the modern world? What tools are used to solve them?
3.What is national economy?
4.Can you describe the structure of national economy, its types?
5.How the national-income accounting system can be defined? What are its purposes?
6.What are the major macroeconomic indicators?
7.What is the Gross National Product (GPN)? How is it measured?
8.What methods are used to count GPN?
9.What kinds of GPN do economists distinguish?
10.What is Net National Product?
11.What is the wealth of nation? How can its structure be defined?
12.Can you explain the notion of economic assets?
13.How are economic assets classified?
14.What do economists refer to economic liabilities?
Subject№7. Macroeconomic instability.
Learning Objectives: After studying this subject students are to understand the implication of
macroeconomic instability, the principles of its establishment; to know the business cycle, its phases,
approaches to its reasons; to be able to explain unemployment, its rates and economic costs; to be able to
define inflation, describe its reasons and forms; to get acquainted with the aims and principles of
macroeconomic regulation.
Questions for monitoring:
1.What are the possible reasons of macroeconomic instability?
2.How does macroeconomic instability manifest itself?
3.What do economists refer to the business cycle?
4.What major phases are distinguished in the business cycle?
5.How do aggregate supply and demand affect macrostability?
6.What are recessionary and inflationary gaps?
7.How is unemployment defined? Describe the reasons of this phenomenon.
8.What is the rate of unemployment? How is it measured?
9.What are the costs of unemployment?
10.How does inflation manifest itself?
11.How do economists explain the phenomenon of inflation?
12.How can inflation be classified?
13.What are micro- and macro-consequences of inflation?
14.Can you describe the aims and principles of macroeconomic regulation?
15. How do you understand the term «fiscal policy»?
4
Subject№8. Social policy of the government. Economic growth.
Learning Objectives: Students are to explain the essence of the social policy, its primary objectives
and functions; they are to know such terms as “standard of living” and “quality of life” and how they are
used to define the welfare rate of people; they are to explain the notion of consumer basket and describe its
structure, understand how minimum consumer budget is measured; students are to explain the problem of
income inequality and the role of the state as income redistributor; they are also to know the major trends of
the modern social policy and explain the mechanism of the social partnership. On studying this subject
students are to understand what economic growth means and how it is revealed, to be able to define types of
economic growth, they are to differentiate between nominal and real GNP and explain the significance of
GNP per capita and per worker, students are to explain the notion of productivity and be able to apply it to
production as a whole and all types of resources, they are to know various sources of economic growth and
characterize their efficiency, they are also to bring examples of limits to economic growth and propose ways
to overcome them.
Questions for monitoring:
1. What does social policy mean? What does it consist of?
2. What is the difference between standard of living and quality of life?
3. How is consumer basket determined?
4. What does the minimum consumer budget consist of?
5. Why is there a problem of income inequality? What are the ways for it to be overcome?
6. How can the government redistribute income?
7. What the principles of the social policy in the modern world?
8. What is the mechanism of social partnership strategy?
9. What does Lorenz curve reflect?
10. What is the role of health care as a part of the social security of the population?
11. What is economic growth? What are its manifestations?
12. What is the difference between real and nominal GNP? What GNP is especially relevant for
economic growth determination?
13. How are GNP per capita and GNP per worker related to economic growth?
14. What are the objectives of economic growth?
15. How can economic growth be achieved?
16. What is productivity? How can it be measured?
17. What are the ways to increase productivity of labor?
18. How to improve productivity of capital? Are there any ways to increase productivity of land resources?
19. Can economic growth be eternal?
20. What are the limits for economic growth?
21. How can these limits be overcome?
Subject№9. The world economy and its structure.
Learning Objectives: After studying this subject students are to explain the notion of the world
economy, describe its structure and main participants, they are to be able to follow the process of the world
economy evolution; they to define the type of economy of the country according to the degree of its
integration with the world community, students are to understand the world specialization and cooperation,
their meaning and importance; they are also to know the most relevant trends in the world economy such as
postindustialization, globalization, regional economic integration.
Questions for monitoring:
1.What does the world economy comprise?
2.Can you mention any subjects in the world economy?
3.Can you describe the process of the world economy evolution?
4.What is one of the basic factors for the world production and integration?
5.How do you understand the terms “international specialization” and “international cooperation”?
6.How do the latter complement each other?
7.What are the major patterns of the world economic relations?
8.What is globalization and why is it so important?
9.What is the advantage of the regional economic integration?
10. What is the difference between the world economic integration and the regional one? Can you bring
examples of the regional economic integration?
5
Subject№10. The world economic relationships.
Learning Objectives: On studying this subject students are to understand the notion of the
international economy and the reasons of its emergence, to know the forms of the international economic
relations; to be able to define the international trade, its forms and policies applied; to understand the notion
of currency and exchange rate as its feature; to understand the international capital movement and migration
of labor forces; to explain what barriers to trade exist and how they operate, what tools help to resist
exchange rate changes.
Questions for monitoring
1.What is the international economy? Mention the reasons for its emergence.
2.How are countries classified by the international economics?
3.What forms of international economic relations do you know?
4.What is the international trade? What does it consist of?
5.What barriers to trade are used in the modern world?
6.What is the main aim of the foreign economic policy?
7.What forms of the international capital movement can you mention?
8.How does the migration of labor forces occur?
9.What do currency relations deal with?
10.What is currency? Can you classify it?
11. What is the essence of currency rate?
12. What is the purpose of balance of payments? Can you describe its structure?
The List of Reading Materials
Major materials:
1. McConnel Campbell R. Economics: principles, problems and a policy: studies. For high schools: [in
English] / C. R. McConnell, S. L. Brue 1990. – 866 p.p.
2. Samuelson Paul A. Economy: studies. The grant for high schools: [ in English] / Item P. A.
Samuelson, D. Nordhaus; "Williams", 2000. – 688 p.p.
3. Fisher. Economical studies. For high schools: [in English] / S. Fisher, R. Dornbush, R. Shmalenzi; business, 1997. –
864 p.p.
4. Paul Wonnacott Economics: [in English] / Item P. Wonnacott, R. Wonnacott – 4th ed., New York,1990. –
804p.
5. Colander David Economics: [in English] / Item D. Colander, Boston, 1993. – 514p.
6. Hyman D.N. Economics: [in English] / Item D. N. Hyman – 2nd ed., Boston: Irwin, 1989. – 1040p.
7. Parkin Michael Economics: [in English] / Item M. Parkin, New-York, 1990. – 1056p.
8. Slavin Stephen Economics: [in English] / Item S. Slavin, Boston: Irwin, 1996. – 821p.
9. Slavin Stephen Itroduction to Economics: [in English] / Item S. Slavin, Boston: Irwin, 1991. – 704p.
Supplementary Reading
1. Clark S.B. Essentials of Economic Theory. As applied to modern problemsof industry and public
policy: [ in English] / Item S.B. Clark, New-York, 1924. – 566p.
2. Patterson S.H. Economic problems of modern life: [ in English] / Item S.H Patterson, Karl W.H.
Schoiz – 2nd ed., New-York, 1931 – 696p.
3. Goldsmith Arthur A. Government, Society, The Global Political Economy [ in English] / Item A.A.
Goldsmith, Boston: Irwin, 1996. – 558p.
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УТВЕРЖДАЮ
Зав. кафедрой общественного
здоровья и здравоохранения
профессор
Т.М.Шаршакова
2016
Subject Plan for practical training
of students of the Faculty for foreign students training
in the 4th semester of 2016/2017 academic year
The subjects of lectures, their duration in academic hours
The subjects of lectures
№
Duration
1.
Economic Theory: its subject and functions
2
2.
Economic Systems
2
3.
Market Economy
2
4.
Supply, demand and market equilibrium. Elasticity of Supply and Demand.
2
5.
The resource market and the distribution of profit.
2
6.
The major macroeconomic indicators.
2
7.
Macroeconomic instability.
2
8.
Social policy of the government. Economic growth.
4
9.
The world economy and its structure.
2
10.
The world economic relationships.
2
In total:
22
7
The subjects of seminars, their duration in academic hours
The subjects of seminars
№
Duration
1.
Unlimited needs and limited resources. The problem of economic choice.
2
2.
The theory of consumer behavior.
2
3.
The theory of the firm and the theory of producer’s behavior.
2
4.
Macro Equilibrium: Aggregate Demand and Aggregate Supply (AD-AS)
2
5.
Aggregate income-expenditure model.
2
6.
Financial system of the state and fiscal policy.
2
7.
Money market and monetary policy.
4
8.
Macro equilibrium of the goods and money markets: IS-LM model.
2
9.
Balance-of-payments and its structure.
2
In total:
20