1. System of the national accounts.
2. Methods of calculation of GNP and GDP.
3. The essence and types of economic reproduction.
4. National wealth and shadow economy of Ukraine.
Task for individual work
Tell about main derivative indexes of GDP.
Vocabulary
| Gross national product (GNP) | 
| () |
| Gross domestic product (GDP) | 
| () |
| net gross product | 
| |
| gross expenditure | 
| |
| able to work, able-bodied | 
| |
| full employment | 
| |
| fluctuation | 
| |
| instability of prices | 
| |
| simple (extended) reproduction | 
| () |
| overall price level | 
| |
| juncture | 
| , 璺 |
| GDP per capita | 
| |
| earnings and cost approach to measuring GDP | 
| |
| flow of product approach to measuring GDP | 
| |
| shadow economy | 
| |
| trade surplus | 
| |
| trade deficit | 
| 䒺 |
| current production | 
| |
| output, production quantity | 
| ᒺ |
| indirect taxes | 
| |
| deflator | ( ) |
Core reading
1. Weingast B.R., Wittman D. The Oxford Handbook of Political Economy. Oxford University Press, 2006, 869 p.
2. : / . .. . .: , 2002. 472 .
3. : . . / . .. . .: , 2004. 265 .
Additional reading
1. Encyclopedia of International Political Economy. R.J. Jones. Routledge, 2001, 1776 p.
2. .. ( ): . ./.. . .: , 2005.
3. Գ .. : . . .: , 2000. 174 .
Seminar 10. The economic growth and economic cycles
1. Economic growth: types, factors and sources.
2. Spending, savings and investments. Their role in the economic system.
3. The essence and phases of economic cycle.
4. Types of waves. Types of depression.
Task for individual work
Tell about long waves theory of M. Kondratev.
Vocabulary
| economic cycle, economic run | 
| |
| accumulation | 
| |
| wave | 
| |
| economic recovery, revival | 
| |
| depression, slump, decline | 
| , |
| to be discontented | 
| |
| rate of inflation | 
| |
| renewal of fixed capital | 
| |
| cyclical fluctuations | 
| |
| economic instability | 
| |
| sustainable development | 
| |
| large-scale distribution | 
| |
| to give rise to fluctuations | 
| |
| to cycle loop | 
| |
| to fall / go / slip into a decline | 
| |
| to cause inflation | 
| |
| to refrain from repetition | 
| |
| to withdraw from cycle | 
| |
| suitability / appropriateness of the measures taken |  ,
|
Core reading
|
|
|
1. A New Handbook of Political Science. Robert E. Goodin, Hans-Dieter Klingemann. Oxford University Press, 1998, 829 p.
2. .. . : . . / .. , .. . 2- ., . .: , 2008.
3. : / .. , .. , .. ˳ .; . .. . .: ., 2003.
Additional reading
1. .. . .: , 1989.
2. - .. . . .: , , 2004.
3. . / . . .: , 1996.
