1. Primary accumulation of capital. Features of capitals accumulation in Ukraine.
2. Money transformation into assets. General formula of capitals movement.
3. Circulation of capital and its stages. Fixed and working capital. Depreciation.
4. Salary, its essence and types. Minimum wage and its criteria.
Task for individual work
Tell about methods of amortizations calculation.
Vocabulary
| assets, capital, funds |  , 
| |
| hired labour | 
| |
| accumulation of capital | 
| |
| fixed capital | 
| |
| circulating / working capital | 
| |
| commodity capital | 
| |
| debt capital | 
| |
| company's equity | 
| |
| to withdraw capital | 
| |
| reduction of capital | 
| |
| capital flow, capital movement | 
| |
| amortization, depreciation | 
| |
| wages, salary, pay | 
| |
| nominal wage | 
| |
| convertibility | 
| |
| real wage, actual earnings | 
| |
| minimum wage | 
| |
| remuneration, compensation, fee | 
| |
| limitedness, scantiness | 
| , |
| risk capital, speculative capital, hot money | 
| |
| rate of turnover, velocity of turnover | 
| |
| obsolescence | 
| |
| assignment | 
|
Core reading
1. Scherer F. Industrial Market Structure and Economic Performance / F. Scherer, D. Ross. - Boston, 1990.
2. .., .. . : . : 2000, 2004. 480 .
3. : / . .. . .: , 2002. 472 .
4. . : . . / .. , .. . 2- ., . .: , 2008. 378 .
Additional reading
1. Knight F.N. Risk. Uncertainty and Profit / F.N. Knight. Boston; NY, 1997, 271 p.
2. .. : . .: 쳿 , 2001. 411 .
Seminar 8. The enterprise and entrepreneurial activity
1. The essence of entrepreneurship, its types and functions.
2. Enterprise as a subject of market economy. Functions of enterprise.
3. Organizational and economic types of enterprises.
4. Economic and legal principles of entrepreneurships development in Ukraine.
Task for individual work
Tell about S-corporation its advantages and disadvantages.
Vocabulary
| collective bargaining | 
| |
| consolidation | 
| ᒺ |
| tax bonanza, tax concession |  , 
| |
| legal entity, legal person |  
| |
| sector, branch | 
| |
| favourable conditions, facility | 
| |
| economic crisis, depression, slump () |  , 
| |
| collaboration | 
| |
| caterer, producer, supplier | 
| |
| self-actualization | 
| |
| diversified, multibranch, multisectoral | 
| |
| limited company (LC) | 
| |
| special partnership | 
| |
| joint-stock company | 
| |
| invested capital, investment | 
| |
| skilled personnel | 
| |
| hazardous | 
| , |
| to liquidate, to wind up | 
| |
| to float, to found, to establish |  , 
| , |
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. : . . / . .. . .: , 2004. 265 .
Additional reading
1. Գ .. : . . .: , 2000. 174 .
2. . . .: , 1982.
