2023/2024
Understanding Russian Economy. Problems of Transition
Type:
Mago-Lego
Delivered by:
Institute of Media
When:
2 module
Online hours:
30
Open to:
students of all HSE University campuses
Instructors:
Anna Novikova
Language:
English
ECTS credits:
3
Contact hours:
6
Course Syllabus
Abstract
The purpose of the course "Understanding Russian Economy. Problems of Transition" is to bring the basic knowledge on the specific aspects of Russian economy that had significant impact on the latest development trends in Russia. This course will provide you with knowledge on: 1) the basics of economy; 2) understanding the role of market reforms in developing the key features of modern Russian economy; 3) understanding specific aspects of Russian economy; 4) cause-effect relationship of the most significant trends in Russia’s economic development; 5) instruments for analysis of Russian economy; 6) business climate in Russia and skills required for doing business in Russia. Currently, different aspects of economy have some influence on us and our behavior - e.g. currency exchange rates, inflation and other things define the way in which we distribute our income between savings and investments. In order to understand these principles it is required to have the basic knowledge on economics. So it is not only a lecture on Russian economy. Another main objective of the course is to develop knowledge on the basics of economy as such. So the course will disclose universal patterns by analyzing trends in Russian economy. The learning format includes the online-course at the base of Coursera platform (URL: https://www.coursera.org/learn/economy-russia-transition).
Learning Objectives
- To know the basics of economy; on the causal relationship of the most significant trends in the economic development of Russia
- To be able to logically formulate, state and reasonably defend their own vision of the economic problems under consideration and ways to solve them; understand the business climate in Russia and the skills necessary for doing business in Russia
- To use tools for analyzing the Russian economy
Expected Learning Outcomes
- Analyses the economic features of Russia
- Analyses the initial measures in the framework of market reforms in Russia
- Describes a decade of sustainable growth, which can be called a golden decade for the Russian economy. 2008 economic crisis
- Discusses specific aspects of Russian economy that had significant impact on the latest development trends in Russia.
- Seizes following the Stabilisation Fund in the Russian economy. The “Save or Borrow” dilemma and its solution in Russia
- Seizes the roots of the crisis. Economic transition under the presidency and the new prime minister since 1993 Crisis 1998
- Seizes the specifics of the transition understanding the roots and causes of modern internal problems of the Russian Federation
Course Contents
- Theme 1. Introduction to course
- Theme 2. Brief History of Russian Economics
- Theme 3. The basics of market reforms
- Theme 4. Lost Transition Opportunities
- Theme 5. Understanding the golden decade and the ensuing crisis
- Theme 6. Transition lessons. Looking for solutions
- Theme 7. Classroom discussion
Assessment Elements
- Test after the 1st week (10 minutes) 0.15
- Test after the 2nd week (10 minutes) 0.15
- Test after the 3rd week (10 minutes) 0.15
- Test after the 4th week (10 minutes) 0.15
- Test after the 5th week (10 minutes) 0.15
- Test after the 6th week (10 minutes) 0.15
Interim Assessment
- 2023/2024 2nd module0.15 * Test after the 1st week (10 minutes) 0.15 + 0.15 * Test after the 2nd week (10 minutes) 0.15 + 0.15 * Test after the 3rd week (10 minutes) 0.15 + 0.15 * Test after the 4th week (10 minutes) 0.15 + 0.15 * Test after the 5th week (10 minutes) 0.15 + 0.25 * Test after the 6th week (10 minutes) 0.15
Bibliography
Recommended Core Bibliography
- Connolly, R. V. (DE-588)1139175637, (DE-576)187690448, aut. (2018). Stagnation and change in the Russian economy / Richard Connolly, University of Birmingham and Chatham House. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edswao&AN=edswao.500384940
- Girsh I. Khanin. (2018). Institutional Conditions of the Russian Economy in 1999–2016 Years. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsbas&AN=edsbas.8FF6B9A8
Recommended Additional Bibliography
- Andrei Yakovlev. (2000). Barter in the Russian Economy: Classifications and Implications (Evidence from Case Study Analyses). Post-Communist Economies, (3), 279. https://doi.org/10.1080/14631370050173405