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38.03.01 Economics
38.03.02 Management
38.03.05 Business Informatics
38.03.06 Commerce
01.03.05 Statistics
3. Program Content
Finance:
Social Studies
Topic 1: Finances and financial system.
1. Financial markets, types and functions.
2. Stock market.
3. Financial institutions.
4. Banks. Banking system. Central Bank: tasks and functions.
5. Monetary policy.
6. Money aggregates. Money supply and monetary base. Money multiplier.
7. Financial services. Deposits and loans.
8. Digital financial services. Financial technology and financial security. Digital financial assets.
9. State budget. State budget deficit and surplus. The principle of balancing the state budget.
Public debt.
10. Personal budget and economic rationality of its formation.
11. Methods and sources of financing of enterprises. Indicators of the firm's activity.
Maths
Topic 2: Financial Calculus.
1. Using fractions and percentage to solve applied problems from various branches of knowledge
and real life.
PROGRAM
Economic theory
Social Studies
Topic 1: Introduction to economic theory.
1. Economics as a science and as an economy.
2. Needs and their types.
3. Social institutions. Property as a basic economic institution.
4. The institution of entrepreneurship and its role in the economy.
5. Types of economic systems and society.
Topic 2: Microeconomics
6. Market. Market mechanism and pricing.
7. Demand and supply. Their main factors.
8. Giffen's goods and the Veblen effect.
9. Markets of factors of production: labour, capital, land, information.
10. Competition as a basis of market functioning. Types of market structures.
11. Enterprise (firm) in the economy. Objectives of the enterprise functioning. Economic goals of
the firm.
12. Production. Factors of production and factor incomes.
13. Alternative cost. Methods and sources of financing of enterprises.
14. Costs, their types.
Topic 3: Macroeconomics
1. The state in the economy. Imperfections of markets.
2. Economic growth and ways of its achievement.
3. Measurement of economic growth.
4. The concept of economic cycle. Phases of the economic cycle.
World economy
PROGRAM
Social Studies
Topic 1: Basic elements of the world economy.
1. World economy. The concept and factors affecting the world economy.
2. Participants of the world economy: developed and developing countries in the world economy,
international organizations, integration associations, TNCs.
3. Indicators of the development of the world economy.
4. The concept, trends and factors of international division of labour.
5. Basic forms of international economic relations
Topic 2: World Trade
1. World trade. Basic concepts, indicators, principles, factors.
2. Scale, structure and trends of international trade.
3. Exports and imports of goods and services. Indicators of world trade development.
4. Benefits and losses from participation in international trade.
5. State regulation of foreign trade.
6. Territorial structure of the world economy and spatial specialisation. Resources in the world
economy.
7. The concept of trade policy, liberalism and protectionism, tariff and non-tariff methods of
foreign trade regulation, the role of the WTO in the regulation of international trade.
4. 4. Recommended References
4.1. Reading List
Finance
Economic Theory
Sources in English Topic
1. Greenlaw Steven A.. Principles of Economics 2e. Topic 2. Microeconomics.
– 2 nd ed. OpenStax, 2017, 974 p. URL: Topic 3. Macroeconomics.
https://www.infobooks.org/pdfview/15837-principles-
of-economics-2e-steven-a-greenlaw/ (free access)
2. Kishtainy Niall, Abbot George, Farndon John, Topic 1. Introduction to economic
Kennedy Frank, Meadway James, Wallace Christopher, theory.
Weeks Marcus. The Economics Book: Big Ideas Simply
Explained - DK Publishing, 2012. 351 p.
URL: https://archive.org/details/1.-the-economics-book-
big-ideas-simply-explained-by-dk-niall-kishtainy-
george-
ab/1.%20The%20Economics%20Book%20%28Big%20
PROGRAM
Ideas%20Simply%20Explained%29%20by%20DK%2C
%20Niall%20Kishtainy%2C%20George%20Abbot%2C
%20John%20Farndon%2C%20Frank%20Kennedy%2C
%20James%20Meadway%2C%20Christopher%20Wall
ace%2C%20Marcus%20Weeks%20%28z-
lib.org%29/page/n5/mode/2up (free access)
3. McConnell Campbell R. , Brue Stanley L.. Topic 2. Microeconomics.
Economics: principles, problems, and policies - 17th ed. Topic 3. Macroeconomics.
McGraw-Hill. Irwin, 2008. 870 p. URL:
https://archive.org/details/mcconnell-brue-economics-
17th-edition/page/n867/mode/2up (free access)
World Economy
https://elib.fa.ru/fbook/Aleksandrov_1806.pdf/downlo
ad/Aleksandrov_1806.pdf (free access)
Finance
Online course in Link Summary
English
1. An Introductory https://alison.com/courses/an- A brief course in the Basics
Course in Personal introductory-course-in-personal-finance- of Personal Finance
Finance and Credit and-credit/resources
(Alison)
2. Introduction to https://corporatefinanceinstitute.com/cour This course describes the
Banking (Corporate se/introduction-to-banking-course/ basic elements of the
Finance Institute) banking system.
PROGRAM
Economic theory
Markets (Part 1)
(Open Education)
World Economy