4. Exercises:

Exercise 1. Construct Laffer's curve for underdeveloped countries, for developed countries, for Kazakhstan.

Exercise 2. Essay writing: «Justice of the principle of the taxation – the principle of receiving the benefits», «Ways of evasion from the taxation».

Form of activity: practical work, discussion, independent activity, research activity, colloquium.

Methodical instructions: Preparation for performance of tasks should be began with studying of recommended literature. The main purpose of the theme is to learn purposes of fiscal policy, essence and types of fiscal policy, concept and instruments of discretionary fiscal policy, dependences between the public expenditures and cumulative demand, between taxes and the personal located income, economy conditions, essence, value and stabilizers of not discretionary fiscal policy, and mechanism of operation of built-in automatic stabilizers.

You shall understand essence and types of a tax policy, concept and instruments of a stimulating tax policy, essence and methods of a constraining tax policy, essence of curve of Laffer, evasion forms from the taxation, taxes and the public expenditures – the main instruments of fiscal policy, taxes and their functions. Consider classification of types of tax by objects of taxation, on destination, on authorities in which order taxes, on economic signs arrive, ways of collection of taxes.

Read about concept of the budgetary policy, essence and structure of the state budget, classification of the public expenditures, methods of financing of economy, conditions of the state budget, and sources of a covering of a budget deficit. Study tax system of Republic of Kazakhstan, main types of the budgetary policy and budgetary-tax policy of Republic of Kazakhstan.

Writing of the essay, drawing up comparative tables and structural and logical schemes and other tasks will help you to fix this theme.

Literature: 1-35.

Theme №6. Monetary policy

1. Main tools and purposes of monetary policy.

2. Additional methods of monetary policy.

3. The paper-money circulation.

Tasks:

1. Discussion of the questions;

2. Exercises:

Exercise 1. Complete the table «The Main Tools of Monetary Policy in the Different Countries» (not less than 10 countries on a choice).

Exercise 2. Study basic provisions of the legislation on National bank, commercial banks of Kazakhstan.

Exercise 3. Analyze of the monetary review on data of National Bank of the Republic of Kazakhstan

	12.2010	12.2011	12.2012	12.2013
Net Foreign Assets	8 623 273	10 742 965	12 901 441	14 648 758
Net Domestic Assets	-6 013 117	-7 896 352	-9 909 848	-11 794 924
Liabilities	2 610 155	2 846 613	2 991 593	2 853 835
Reserve Money	2 572 217	2 837 356	2 890 061	2 825 961

Form of activity: practical work, discussion, independent activity, research activity.

Methodical recommendations: Preparation for performance of tasks should be began with studying of recommended literature. The main purpose of the theme is to learn essence and functions of money, quantitative theory of money, equation of an exchange of Fisher, monetary policy as set of the governmental activities regulating activity of credit and monetary system, functions of the National bank on development and realization of monetary policy. You shall understand regulation of official reserve requirements, operations in the open market, manipulation of discount rate of percent, types of monetary policy, essence and tools of stimulating monetary policy (policy of "cheap" money).

Read about role of commercial banks in market economy, essence and tools of securities market, state regulation of securities market, choice of the directions of monetary policy depending on economic conditions of the country, banking system of the Republic of Kazakhstan, radical and functional methods of a monetary policy, need of carrying out monetary reform liberalization of the prices, monetary reform of 1993 in the Republic of Kazakhstan.

Writing of the essay, drawing up comparative tables and structural and logical schemes and other tasks will help you to fix this theme.

Literature: 1-35.