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Global Economy

Major: International Economic Relations
Code of Subject: 7.292.00.O.1
Credits: 4
Department: Management and International Business
Lecturer: Dr.Econ.Sc., Prof. Pyroh O.V. (Department of MIB)
Semester: 1 семестр
Mode of Study: денна
Learning outcomes:
• know: regularities and current trends of globalization; civilizational paradigm of global economic development; preconditions and factors of the formation of the global economy; competitive mechanisms of functioning of the global market; processes of global corporatization and regionalization of business; the nature of the global economic cycle; principles of global institutionalization of economic development; global imperatives of scientific and technological progress; social dimensions of economic globalization; strategies of sustainable development of countries in the conditions of globalization; ways and models of Ukraine's integration into the global economic space.
• be able to: analyze the disposition and depth of interaction of the subjects of the global economy; assess the sectoral and regional-country structure of the global economy; to investigate the situation of global markets for goods, services, investments, labor; to forecast directions of global modification of market competitive mechanisms; to monitor business activity at different phases of the global economic cycle; adapt management to the cross-cultural environment of economic activity; to develop strategies of corporations activity in global markets; apply the latest international consulting techniques to identify and resolve key business issues; develop effective business communication techniques in the global regulatory system; identify factors and models of global corporate leadership; organize the development and control of the implementation of global business projects; to substantiate directions of innovative development of Ukraine and global competitive environment.
Required prior and related subjects:
• Foreword: International Economic Relations, International Strategies for Economic Development
• Correctional Issue: Global Problems of World Economy and International Economic Relations, Social Responsibility
Summary of the subject:
The economic nature of global transformations. The formation of the global economy. Regulatory institutions of the global economy. Political economy of the global economic cycle. Mechanisms of functioning of global markets. Competitive leadership of global corporations. Processes of regionalization in the global economy. Technological resource of global economic development. Human resource of the global economy. Civilization dimensions of global economic processes. Global context for the development of the Ukrainian economy.
Recommended Books:
1. Kuzmin O.E. Global Economy: Textbook / O.E. Kuzmin, O.V. Pyroh, I.V. Litvin - Lviv: Lviv Polytechnic Publishing House, 2016. - 300 c
2. Global Economy: Teach. manual / PP Masurko [and others]; comp. edit B.M. Dressed; Ministry of Education and Science of Ukraine. - Lviv: Magnolia-2006, 2009. - 206 p.
3. Kalchenko T.V. Global Economy: Teach. manual / T.V. Kalchenko; Dvnz Kiev. nats econ Untitled V. Hetman. - K .: KNEU, 2009. - 364 p.
4. Mazurko P.P. Global Economy: Teach. manual / P.P. Mazurko, B.M. Clothes, VV Kulishov, O.M. Sazonets - Lviv: Magnolia 2006, 2011 - 208 p.
Assessment methods and criteria:
• current control (30%): independent work, tasks, oral questioning;
• final control (70%): testing (40%), oral answer (30%).