Theme of the lecture № 6. Monetary policy

1. Main tools and purposes of monetary policy.

2. Additional methods of monetary policy.

3. The paper-money circulation.

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 Central bank on development and realization of monetary policy. 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).

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.

Literature: 1-35.

Theme of the lecture № 7. Antimonopoly activity of the state

1. Reasons of emergence of monopolies and antimonopoly law.

2. Main methods of monopolization and counteraction.

3. Economic management of economic activity of monopolies.

4. Antimonopoly activity in the world markets.

Competition and norms of particularly behavior. Competition and monopoly. Reasons of emergence of monopolies. Purpose of monopolization economy. Objectivity of emergence monopolies. State and economic order. Demonopolization of economy and antimonopoly law. Basic provisions of the first antitrust laws: Sherman's law, Clayton's law. Policy of restriction of monopolize and mechanism of regulation of exclusive activity. First antimonopoly authorities.

Indicators of measurement of degree of the exclusive power: assessment of borders of the market, Lerner's index, Herfindal's index, concentration coefficient.

Main methods of monopolization economy.

Merge of managing subjects, use dominating provisions, secret arrangement about establishment of the price and sales volumes, falsification of the competitive auction. Main ways of counteraction of monopolization: control of merge of firms, exposure of secret arrangement, division of the monopolist, protection of the competition at the competitive auction.

Economic management of economic activity of monopolies. Characteristic feature of natural monopolies. Antimonopoly activity in the world markets. Multinational corporations. The competition at the level of the main world competitors. Policy of stimulation of a competitive order and formation of the competitive sphere in the Republic of Kazakhstan.

Literature: 1-35.

Theme of the lecture № 8. Social policy. Social protection

1. Social nature of market economy and objective need of the state social policy.

2. Social protection as element of social policy.

3. Formation of the income in market economy and modern distributive policy of the state.

4. Priorities of social policy of the state.

Social effects of the market. Cases in which gives individual interests to public interests. Social problems of the market, which it isn't able to solve. Economic inequality in market system. Essence and purposes of social policy. Functions of social policy: economic, distributive, ideological, protective.

State social protection. Principles of the state social protection: subsidiary, solidarity, efficiency, adequacy, continuity. Dilemma: subsidiary – solidarity. System of social protection in market economy. Level and quality of life. Consumer basket, living wage and poverty. Compensation state regulation of a salary.

Justice of distribution of the income in market economy. Essence and types of income. Lorenz curve. Jeanie's coefficient. Priorities of social policy: prevention of deterioration of situation, mass degradation preservation of economic independence, overcoming of social injustice, ensuring ecological safety, etc.

Literature: 1-35.