Economic theory

Description: Economic theory is the methodological Foundation of a whole complex of Sciences: branch (Economics of industry, trade, construction, etc.); functional (Finance, credit, marketing, management, etc.); intersectoral and others. Structural economic theory includes the fundamental problems of the functioning of the economy, the evolution of socio-economic development of society, the laws of individual reproduction, reproduction at the level of the national economy.

Amount of credits: 5

Пререквизиты:

• Основы экономики. Школьный курс

Course Workload:

Component: University component

Cycle: Base disciplines

Goal

• In-depth study of the basic basic concepts and theoretical provisions that reveal the essence of economic phenomena and processes that determine the functioning and development of the economy at the level of the household, firm, country and world economy.

Objective

• development of fundamental knowledge about the action of the modern market mechanism, features and patterns of socio-economic development of society; - formation of students ' ideas about the economy as a system, the basic concepts, categories, laws and patterns of development of society; - education of economically competent professionals who are able to think independently and make responsible decisions.

Learning outcome: knowledge and understanding

• Knows and understands-basic economic categories (including their English equivalents); - methodology and methods of economic analysis; economic science; - laws of functioning of modern economy both at micro and macro level; - theoretical bases of state regulation of economy and features of economic policy of the state.

Learning outcome: applying knowledge and understanding

• Applies the knowledge gained - at the decision of situational tasks and practical; - to form the ability to perceive information in accordance with the basic knowledge of economic theory.

Learning outcome: formation of judgments

• Forms judgments and argues its position, competently uses economic terms.

Learning outcome: communicative abilities

• Has communicative abilities to work productively in a group.

Learning outcome: learning skills or learning abilities

• Possesses skills-independent creative work (collection, systematization and scientific interpretation of economic information); - work with economic information in global computer networks and corporate information systems. - - study economic laws and is able to solve economic problems at the micro level.

Teaching methods

1 Technologies of educational and research activity; 2 Communication technologies (discussion, press conference, brainstorming, educational debates and other active forms and methods); 3 информационно information and communication (including distance education) technologies.

Assessment of the student's knowledge

Teacher oversees various tasks related to ongoing assessment and determines students' current performance twice during each academic period. Ratings 1 and 2 are formulated based on the outcomes of this ongoing assessment. The student's learning achievements are assessed using a 100-point scale, and the final grades P1 and P2 are calculated as the average of their ongoing performance evaluations. The teacher evaluates the student's work throughout the academic period in alignment with the assignment submission schedule for the discipline. The assessment system may incorporate a mix of written and oral, group and individual formats.

The evaluating policy of learning outcomes by work type

Evaluation form

The student's final grade in the course is calculated on a 100 point grading scale, it includes:

• 40% of the examination result;
• 60% of current control result.

The final grade is calculated by the formula:

 

Where Midterm 1, Midterm 2are digital equivalents of the grades of Midterm 1 and 2;

E is a digital equivalent of the exam grade.

Final alphabetical grade and its equivalent in points:

The letter grading system for students' academic achievements, corresponding to the numerical equivalent on a four-point scale:

Topics of lectures

• Subject and methods of studying economic theory
• Fundamentals of social production
• Forms of social economy
• Property relations and their role in the economy
• The market as a system of economic relations
• Capital: essence and forms
• Labor and capital markets
• Land rent and income of the entrepreneur
• National economy as a system
• Cyclical development of the economy
• Unemployment and its types
• Inflation and its types
• Monetary and financial systems
• Economic growth
• World economy

Key reading

• 1 Абишев А. Экономикалық теория: Оқулық// Алматы: Экономика. 2016 ж 2 Курс экономической теории: учебник 6-ое издание. Под общ. ред. проф. М.Н. Чепурина и проф. Е.А. Киселевой. - Киров: "АСА", 2016. 3 Курс экономической теории. Общие основы экономической теории, микроэкономика, макроэкономика, переходная экономика: Учебное пособие, 2015. 4 Политическая экономия: Учебно-методическое пособие для преподавателей. Под ред. Сидоровича А.В. М.: Изд-во МГУ, 2013. 5 Теоретическая экономика. Политэкономия: Учебник для вузов /Под ред. Г.П. Журавлевой и Н.Н. Мильчаковой. – М.: Банки и биржи, ЮНИТИ, 2014. 6 Экономическая теория: Учебник//Под общей ред. Абишева А.А., проф. Колесова Н.Д,, Алматы: Экономика. 2015г. 7 Экономическая теория: Практикум// Н.И. Базылев, М.н, Базылева, А.В. Бондарь и др. Под ред. Н.И.Базылева, Л. Воробьевой. 2-издание; _Мн.: БГЭУ, 2015. 8 Экономическ1. Басовская Е.Н., Экономическая теория. Учебное пособие.- М.: ИНФРА-М, 2017г, 375с. 9 Баликоев В.З., Общая экономическая теория. Учебник. - М.: : ИНФРА-М, 2017г, 528с.

Further reading

• 1. IPS SMART http://www.iprbooksshop.ru 2. ScienceDirect - http://wwwsciensedirect.com 3. EBSCO Discovery Service (EDS)- http://search.ebscohost.com 4. http://stat.gov.kz/