U N I T 1

Topic: our university

Kyiv National Economic University is a prominent economic establishment of higher learning. It provides a high quality training of economists and managers for various fields of national economy and coordinates economic and managerial training programmes in Ukraine.

The leading position of the University, its prestige and renown are the results of its orientation towards progressive goals and objectives of nowadays. The main purpose of the University is to equip students with contemporary knowledge of economics and to provide them with excellent professional skills.

The University was founded in 1906 as a commercial school in the field of industry and trade. In 1908 it was transformed into Kyiv Commercial Institute. The students studied at three faculties: economic, commercial and technical, and railway maintenance. In 1920 the Institute was restructured and named Kyiv Institute of National Economy.

Kyiv National Economic University is more than 90 years old. It has three academic buildings with all education facilities, four hostels and a sport centre. There are well-equipped laboratories and studies, lecture halls and computing centres. The University’s library has the largest collection of literature on economics in Ukraine. The students have free access to the library, reading-rooms, laboratories, medical assistance and sport facilities.

The students may enroll in day-time, evening or correspondence departments.

At present the University has 7 faculties at the day-time department: marketing, management, international economics and law, accounting, finance, information systems and technologies, and agrarian management. The graduates of the University work at various branches of industry and agriculture, state and private organizations with different forms of ownership, finance and banking system.

Kyiv National Economic University offers a wide choice of programmes and courses for the students: Bachelor’s programmes in economics and management, Master’s programmes, postgraduate and doctorate programmes. They are aimed to develop individual and professional abilities of the students and represent different level of academic achievement.

U N I T 2

Topic: economy of ukraine

On August 24, 1991 the Verkhovna Rada declared the formation of the Independent Ukrainian State and on December 1991, a nation-wide referendum confirmed the formation of a new large European state.

As to its territory Ukraine is the second largest country in Europe. As to its industrial potential, this is one of the most developed republics of the former Soviet Union with highly developed metallurgy, machine-building, chemical production and agriculture.

Almost all the indices of the economic development have negative dynamics. But the rates of decrease of production are slown down and first signs of stabilization appear in a number of branches of economy.

One of the main reasons of inflation are prices for power carriers imported from Russia. These prices have increased by hundreds times during the last years.

Two interrelated processes are characteristic of Ukraine’s economy today, namely its assertion as that of an independent state, and its transformation from planned-centralized to market-controlled. These processes are rather complicated, but there are all prerequisites for their effective accomplishment.

Present-day independent Ukraine has a considerable potential to quickly develop its economy — and this is explained not only by the favourable natural conditions, but also by the convenient geographical position in terms of international trade exchanges.

The main directions of the programme of economic reforms are as follows:

1. The programme of structural reorganization.

2. Attainment of balanced payments account.

3. Creation of conditions for gradual integration of Ukraine with the world economy.

These and other problems must be solved at the cost of a wide attraction of foreign investments.

However, today’s industries are unable to satisfy the consumers’ wants. The reason is that they are not integrated into the world process of economic, technological and scientific progress. The national industries have low standard in processing raw materials, outdated and worn-out production equipment, unwillingness to accept progressive techniques and approaches and lack of innovating initiative. These and other problems must be solved in the course of new economic reforms aimed at creating a market economy.

U N I T 3