- •Харків. Вид. Хнеу, 2010
- •Харків. Вид. Хнеу, 2010
- •Introduction
- •Module 1. Basics of market economy Lecture 1. Basic economic terminology
- •1. Terminology
- •Economic resources
- •2. Economic reasoning
- •Choices made at the margin(край)
- •Three basic economic decisions
- •5. Economic forces
- •6. The role of theory in economics
- •Value judgments
- •Microeconomics and macroeconomics
- •8. Economics and other subjects
- •Lecture 2. Economic systems: capitalism, socialism and mixed economy
- •1. Evolving развитие Economic Systems
- •2. Socialism
- •3. Capitalism
- •Figure 2.1. The circular of income and expenditure in a market economy:
- •Specialization and Exchange обмен
- •4. Differences between soviet-style socialism and capitalism
- •Table 2.1 Capitalism’s and soviet-style socialism’s solutions to the three economic problems
- •5. Mixed Economy
- •Government and the Economy
- •Some modern models of mixed economy
- •6. Transition economy
- •Government price setting.
- •Passive macroeconomic policies.
- •7. Other classifications of economic systems
- •Lecture 3. Supply спрос and demand требование
- •1. Markets: purposes and functions
- •2. Demand
- •The Market Demand Curve and the Law of Demand
- •Table 3.1 a demand schedule for grade a eggs
- •Foundation for the law of demand:
- •Figure 3.2. Changes in demand
- •Figure 3.3. Changes in quantity demanded
- •3. Supply
- •The market supply curve and the law of supply
- •Table 3.2 a supply schedule for a eggs
- •4. The marriage of supply and demand (market equilibrium)
- •Lecture 4. Elasticity of supply and demand
- •1. Price elasticity of demand.
- •2. Price elasticity of supply.
- •1. Price elasticity of demand
- •Determinants of price elasticity of demand
- •3. The proportion of income consumers spend on the good.
- •2. Price elasticity of supply
- •Determinants of price elasticity of supply
- •Perfectly inelastic and perfectly elastic supply
- •Module 2. Basics of micro and macroeconomics Lecture 5. Business firm
- •3. Functions of business firms.
- •1. Terminology
- •Scale of production
- •2. Basic types of business enterprise
- •Pros and cons of corporate business
- •Other types of enterprises
- •3. Functions of business firms
- •4. Management
- •Lecture 6. Production, cost and profit
- •3. Variable costs, fixed costs, and total costs.
- •1. Production relationships
- •Period of Production
- •2. The law of diminishing marginal returns
- •Total product curve and marginal product curve
- •Average Product
- •3. Variable costs, fixed costs, and total costs
- •4. Measuring cost and profit
- •5. Normal profit and economic profit
- •Theories of profit
- •Profit as a pay for input
- •Table 7.1 Annual production possibilities for food and clothing
- •3. Law of increasing opportunity cost
- •4. Economic growth: expanding production possibilities
- •Lecture 8: Macroeconomics: economic growth, business cycles, unemployment, and inflation
- •2. Business cycles.
- •4. Inflation.
- •1. Economic growth and living standards
- •Productivity
- •2. Business cycles
- •Leading Indicators
- •3. Unemployment
- •Types of unemployment
- •4. Inflation
- •Types of inflation
- •Relationship between inflation and unemployment
- •Economic interdependence among nations
- •5. Macroeconomic policy
- •Types of macroeconomic policy
- •Lecture 9. Monopoly, oligopoly and competition
- •1. Monopoly
- •How monopoly is maintained: barriers to entry
- •2. Perfect competition
- •3. Monopolistic competition
- •Product differentiation
- •Price discrimination
- •4. Oligopoly
- •Concentration ratios
- •The competitive spectrum
- •1) Cartel.
- •Forming a cartel: directions and difficulties
- •2) Implicit Price Collusion.
- •3) Price war.
- •4) The Contestable Market Model.
- •5) Price leadership.
- •6) Price rigidity: the kinked demand curve model.
- •7) Entry-limit pricing.
- •A Comparison of Various Market Structures
- •Lecture 10. Money, banking and financial sector
- •2. The definition and functions of money.
- •1. Financial sector
- •Institutions and financial markets
- •Financial institutions
- •Types of financial Institutions
- •Financial Markets
- •Differences among Money Market Assets
- •The role of interest rates in the financial sector
- •References
- •Contents
References
-
Brian Atkinson Addison. Economics Study Guide / Brian Atkinson Addison. – New York, Tokyo, Madrid: Wesley Publishes Limited, 1992. – 341 p.
-
Campbell R. McConnell. Microeconomics: principles, problems and policies / Campbell R. McConnell, Stanley L. Brue. – 14th ed., Boston: Mc Graw-Hill companies, 1999. – 547 p.
-
Craven John. Introduction to Economics. An Integration Approach to Fundamental Principles / Craven John. – Basil Blackwell Publisher Limited, 1994. – 541 p.
-
David C. Colander. Economics / David C. Colander. – 3rd ed., New York: Mc Graw-Hill companies, 1998. – 888 p.
-
David C. Colander. Student Work book for use with Economics / David C. Colander. – 3rd ed., New York: Mc Graw-Hill companies, 1998. – 420 p.
-
David N.Hyman. Economics / David N.Hyman. – 2nd ed., Boston:, Richard D.Irwin INC, 1992. – 1050 p.
-
Robert H. Frank. Principles of macroeconomics / Robert H. Frank, Ben S. Bernanke. – New York: Mc Graw-Hill companies, 2001. – 504 p.
-
EconData. [Electronic source]. – http://www.inform.umd.edu.
-
Global Financial Data. [Electronic source]. – http://www.globalfindata.com.
-
Journal of Economic literature and EcoLit (JEL). [Electronic source]. – http://www.econlit.org.
-
Resources for economists in the Internet. [Electronic source]. – http://www.econwpa.wustl.edu.
-
World Bank. [Electronic source]. – http://www.worldbank.org.
Contents
Introduction. |
4 |
Module 1. Basics of market economy |
5 |
Lecture 1. Basic economic terminology |
5 |
Lecture 2. Economic systems: capitalism, socialism and mixed economy |
14 |
Lecture 3. Supply and demand |
22 |
Lecture 4. Elasticity of supply and demand |
41 |
Module 2. Basics of micro and macroeconomics |
46 |
Lecture 5. Business firm |
46 |
Lecture 6. Production, cost and profit |
50 |
Lecture 7. Production possibilities and opportunity cost |
57 |
Lecture 8. Macroeconomics: economic growth, business cycles, unemployment, and inflation |
59 |
Lecture 9. Monopoly, oligopoly and competition |
66 |
Lecture 10. Money, banking and financial sector |
74 |
References |
81 |
НАВЧАЛЬНЕ ВИДАННЯ
Конспект лекцій
з навчальної дисципліни “Політична економія”
для студентів спеціалізації “Менеджмент організацій“
денної форм навчання
(англ. мовою)
Укладач |
Близнюк Тетяна Павлівна |
Відповідальний за випуск |
Лепейко Тетяна Іванівна |
Редактор |
Новицька Л. М. |
Коректор |
Новицька Л. М. |
EDUCATIONAL EDITION
Summary of lectures
of the educational discipline “Political economics”
for full-time students
specializing in “Management of organizations”
Compiled by |
Blyznyuk Tetyana Pavlivna |
Editorial director |
T. Lepeyko |
Editor |
L. Novytska |
Proof-reader |
L. Novytska |
План 2010 р. Поз № .
Підп. до друку Формат 60 Х 90 1/16. Папір Multicopy. Друк RISO.
Ум. - друк. арк. Обл.- вид. арк. Тираж 100 прим. Зам. №
Свідоцтво про внесення до державного реєстру суб'єктів видавничої справи Дк №481 від 13.06.2001 р.
Видавець і виготівник – видавництво ХНЕУ, 61001, м. Харків, пр. Леніна, 9а.