Master
2021/2022
Understanding Russian Economy. Problems of Transition
Type:
Elective course (Politics. Economics. Philosophy)
Area of studies:
Political Science
Delivered by:
School of Politics and Governance
Where:
Faculty of Social Sciences
When:
1 year, 2 module
Mode of studies:
distance learning
Online hours:
18
Open to:
students of one campus
Instructors:
Mikhail Mironyuk
Master’s programme:
Политика. Экономика. Философия
Language:
English
ECTS credits:
4
Contact hours:
2
Course Syllabus
Abstract
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.
Learning Objectives
- The purpose of the course is to bring the basic knowledge on the specific aspects of Russian economy that had significant impact on the latest development trends in Russia.
Expected Learning Outcomes
- 1) This course will provide you with knowledge on 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.
Course Contents
- Introduction to ‘a transition in Russia’ course
- Brief Russian economic history
- Pillars of market reforms
- Lost opportunities of transition
- Understanding the golden decade and the subsequent crisis
- Lessons of transition. Searching for solutions
- Fundamental challenges to the Russian economy
Bibliography
Recommended Core Bibliography
- Andrei Yakovlev A, Yuri Simachev B, Yuri Danilovc, Andrei Yakovlev, Yuri Simachev, & Yuri Danilov. (2009). The Russian Corporation: Patterns of Behavior during the Crisis. Http://Eprints.Ucl.Ac.Uk/18815/1/18815.Pdf.
- Hoffman, D. (2011). The Oligarchs : Wealth and Power in the New Russia: Vol. New ed., and updated. PublicAffairs.
- Paul R. Gregory, & Valery Lazarev. (2004). Structural Change in Russian Transition.
Recommended Additional Bibliography
- Radygin, A. (1996). The Privatization Process in Russia in 1995. Problems of Economic Transition, 39(7), 5. https://doi.org/10.2753/PET1061-199139075