1. The economic system: its essence and structural elements.
2. Public division of labour, the structure of productive forces.
3. Types of economic systems.
4. The property, its structure, historical types and forms.
5. Subjects and objects of property.
6. Rights of property. Development of property relations in Ukraine.
Task for individual work
Make the comparative analysis of economic systems types.
Vocabulary
| society | 
| |
| division of labour | 
| |
| productive forces | 
| |
| means of production | 
| |
| comparative | 
| |
| labour force | 
| |
| real estate | 
| |
| right of property right of ownership | 
| |
| incorporeal right, intellectual property right | 
| |
| household | 
| |
| enterprise | 
| |
| protection of property | 
| |
| approach, point of view | 
| |
| tendency | 
| |
| destruction of property | 
| |
| to acquire property | 
| |
| to surrender property | 
| |
| to restore property | 
| |
| appropriation | 
| |
| alienation | 
|
Core reading
1. Encyclopedia of International Political Economy. R.J. Jones. Routledge, 2001, 1776 p.
2. .., .., .. : .1. , . 2. . .: ͳ-, , 2002. 528 .
3. .., .., .. : . .: , 2001. 508 .
4. .. : . . 1. .: , 2004. 87 .
Additional reading
1. Kreps David M. A course in microeconomic theory. Prinston Univ Press, 1990, 429 p.
2. .., .. : , . 2- . / . . .: , 1992. 600 .
Seminar 4. Production, its resources and factors.
Costs of production and profit
1. Production. Productive function.
2. Scientific and technological progress.
3. Expenditures of production: essence and types.
4. Value and price of commodity.
5. Profit. Norms of profit. Normal and economic profit.
Task for individual work
Set the correlation between cost, income and profit.
Vocabulary
| commodity, merchandise |  , 
| |
| costs, expenditures, expenses | 
| |
| profit, benefit, gain |  , 
| |
| entrepreneurship |  
| |
| short (long) term period | 
| () |
| volume of production | 
| ᒺ |
| total costs, total of expenses | 
| |
| medium costs | 
| |
| entrepreneurial ability | 
| |
| extensive (intensive) | 
| () |
| internal (external) costs | 
| () |
| fixed costs | 
| |
| variable costs | 
| |
| to bear (incur) expenses |  , 
| |
| exchange value | 
| |
| surplus value | 
| |
| use value, consumer value | 
| |
| scarcity, rarity |  , 
| |
| gross profit, gross margin | 
| |
| net profit, net sales | 
|
|
|
|
Core reading
1. Knight F.N. Risk.Uncertainty and Profit / F.N. Knight. Boston; NY, 1997. 271 p.
2. .. : - . .: , 2005. 358 .
3. . : . . / .. , .. . 2- ., . .: , 2008. 378 .
4. : . . / . .. . .: , 2004. 265 .
Additional reading
1. Scherer F. Industrial Market Structure and Economic Performance / F. Scherer, D. Ross. - Boston, 1990.
2. : : / . . .. . 5- ., . .: -, 2004.
