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Seminar 2. Economic needs of society. Economic interests




KYIV INTERNATIONAL UNIVERSITY

POLITICAL ECONOMY

(for English language learners)

Complex teachings programme

Syllabus assignment

For all economic specialities

(2 term)

Kyiv 2011

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Lecturer:

Matusova O.M.

Translated by:

Mazina M.M.

Edited by:

7 17 2011 .

OBJECTIVE AND TASKS OF THE COURSE

The main goal of the course Political economy is studying the laws and categories of this science, patterns of functioning and development of economic systems, ways and methods of effective use of scarce productive resources of the society, ways of solving the global problems, such as what, how and for whom to produce?

To achieve this aim the solution of the following tasks is necessary: defining the role of economic theory in the society; determination of its subject, object and method; determination of the main provisions of the economic theories economic science is based on; clarification of the system of the main economic indexes and indicators; defining the basis of micro and macroeconomics.

After studying the course students should

know:

the general tendencies and regularities of social production development;

the conditions of civilized forms of economy developed by human society use in Ukraine during centuries and creation of an effective, self-sufficient production;

the mechanism and regularities of establishment of the market economy, the ways of its creation and the preconditions of its effective functioning;

the ways of reforming administrative system, getting over remains of colonialism and remains of economic disasters, revival of economic culture of our people;

the mechanism of the social economic self regulation.

 

be able to:

think critically, analyze economic process by themselves, work with sources, primary statistic and archive materials;

use instruments of economic categories and notions while formulating their thoughts;

amylase processes, which are currently taking place in the Ukrainian economy;

operate the methods of research of economic phenomena.

PLANS OF SEMINARS and Tasks for individual work

Seminar 1. The subject and object of political economy

1. The subject and object of political economy.

2. The methods of knowledges the economical processes. Functions of political economy.

3. The problem of choice and opportunity cost. The manufacturing feasibilities of society. The table and the production-possibility curve.

Task for individual work

Analyze the formation of the main schools of political economy according to stages of development the economical relations.

Vocabulary

producer
hypothesis
deduction
induction
consumer, user ,
opportunity cost
free capital flow
antitrust legislation
policy of non-interference, hands-off policy
simulation, modeling
manufacturing feasibilities, production possibilities ,
production-possibility curve
ownership, property
private property
communal property ()
joint ownership ,
state (public) ownership
cooperative property

Core reading

1. Kreps David M. A course in microeconomic theory. Prinston Univ Press, 1990, 429 p.

2. Weingast B.R., Wittman D. The Oxford Handbook of Political Economy. Oxford University Press, 2006, 869 p.

3. .., .., .. : .1. , . 2. . .: ͳ-, , 2002. 528 .

4. .., .. . : . : 2000, 2004. 480 .

5. .. : - . .: , 2005. 358 .

Additional reading

1. .., .. : , . 2- . / . . .: , 1992. 600 .

2. Encyclopedia of International Political Economy. R.J. Jones. Routledge, 2001, 1776 p.

 

Seminar 2. Economic needs of society. Economic interests

 

1. The essence and structure of societys economic needs.

2. The Law of increasing needs.

3. The product utility.

4. Economic interests, their classification and interaction.

Task for individual work

To define the difference between economic resources and factors of production.

Vocabulary

commodity, good, product
marginal product utility
competition
economy: traditional, command (planned), market, mixed, transition : , (), , ,
rural economics
to get (to receive) a profit
unwarranted interference
interaction, interface , ,
close cooperation
physical need
necessities of life  
constantly growing requirements
the good things of life, creature comforts
material welfare
to be suspected of corruption
lobbyism, lobbying

 

Core reading

1. A New Handbook of Political Science. Robert E. Goodin, Hans-Dieter Klingemann. Oxford University Press, 1998, 829 p.

2. .., .. . : . : 2000, 2004. 480 .

3. .., .., .. : . .: , 2001. 508 .

4. .. : . . 1. .: , 2004. 87 .

5. : / . .. . .: , 2002. 472 .

 

Additional reading

1. .., .. : , . 2- . / . . .: , 1992. 600 .

2. Andreu Mas-Colell, Michael D. Whinston, Jerry R. Green Microeconomic Theory. Oxford University Press, 1995, 500 p.

 

 





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