Полоцкий государственный университет

Полоцкий
государственный
университет

УМК Экономическая теория = Economics

Экономическая теория = Economics: учеб.-метод. комплекс для студентов неэкон. специальностей / В.В. Бичанин [и др.]; под общ. ред. И.В. Зеньковой. – Новополоцк : ПГУ, 2013. – 276 с.
Подготовлен в соответствии с типовой программой № ТД-СГ (2008) по дисциплине «Экономическая теория» для студентов высших учебных заведений неэкономических специальностей.

CONTENTS

PREFACE

PART 1. Introduction Into Economics

Chapter 1. Economics: Subject and Methods
1.1. Subject of economics as a science
1.2. Branches (levels) of economics. Theoretical and applied economics. Economic policy
1.3. Methods of economics. Economic categories and laws
1.4. Main stages of economic theory

Chapter 2. Needs and Resources. The Problem of Choiсe in the Economy
2.1 The concept and classification of needs
2.2 Production and economics. Simple elements of labour process
2.3 Resources and factors of production
2.4 The problem of choice in the economy
2.5 Economic growth: the essence, meaning and types
2.6 The idea of economic and social effectiveness. Activities, ways and factors to increase effectiveness

Chapter 3. Economic Systems. Market System of Management
3.1 The idea, structure and levels of economic system. The criteria of separation of economic systems and their types. Models of market economy
3.2 Property: the idea, evolution, types and forms. The reform of property in the Republic of Belarus
3.3 Market: the idea, functions, classification. Market elements. Competition: the idea and types
3.4 Market infrastructure. Circulation of recourses, products and money in market economy
3.5 Government functions in modern market economy, methods of regulation

PART 2. Fundamentals of Microeconomics

Chapter 4. Demand, Supply and Equilibrium. Elasticity of Demand and Supply
4.1 Demand as an economic category. The law of demand. Nonprice factors of demand
4.2 Supply as an economic category. The law of supply. Nonprice factors of supply
4.3 Market equilibrium
4.4 Elasticity of demand and supply

Chapter 5. Consumer Behavior Theory
5.1. Utility and rational consumer. Total and marginal utility. The principle of declining marginal utility. The principle of utility maximization
5.2. Consumer's preferences and indifference curves. Marginal rate of substitution and its economic meaning
5.3. Consumer’s budget limit
5.4. Consumer equilibrium

Chapter 6. The Theory of a Company
6.1. Company: goals, functions, organizational and legal forms
6.2. Factors of production and production function
6.3. Production of the company in short-term and long-term periods
6.4. Production costs. Economy of scale
6.5. Company’s revenue and profit

Chapter 7. Markets of Production Factors and Income Distribution
7.1 Features of functioning of markets of production factors
7.2 Labour market, its nature and features
7.3 Capital market. Loan interest
7.4 Land market. Land rent
7.5 Profit as an entrepreneurial income

PART 3. Fundamentals of Macroeconomics

Chapter 8. Main National Measures
8.1. National economy: concept, structure, goals and objectives, arrangements of governmental regulation
8.2. National economic accounting (NEA). Gross domestic product (GDP) and other indicators of NEA. Principles of GDP calculation. GDP calculation by manufacturing method. GDP calculation by receipts and expenditures
8.3. Nominal and real GDP, price indices. GDP deflator and Consumer price index
8.4. National wealth: concept, structure, evaluation problem

Chapter 9. Macroeconomic Instability and Forms of its Manifestation
9.1. Economic cycle. Causes of economic fluctuations. Theories of economic cycle. Business cycle policy
9.2. Employment and unemployment, their types
9.3. Inflation: essence and causes. Antiinflationary policy
9.4. Economic and social consequences of inflation. Phillips curve

Chapter 10. General Macroeconomic Equilibrium: Aggregate Demand and Aggregate Supply Model (AD-AS)
10.1 The concept of aggregate demand. Non-price factors of aggregate demand
10.2 The concept of aggregate supply (Keynesian and classical models). Non-price factors of aggregate supply
10.3 General macroeconomic equilibrium. The ratchet effect

Chapter 11. Model of Compiled Receipts and Expenditures
11.1. Aggregate consumption and aggregate savings
11.2. Investments
11.3. "Receipts-expenses" model
11.4. Aggregate expenditures multiplier
11.5. Deflationary and inflationary gaps

Chapter 12. Financial System and Fiscal Policy of Government
12.1. Financial system: structure and principles of construction
12.2. Government budget: principles of construction, functions, forming of incomes and direction of expenditures
12.3. Budget deficit and government debt
12.4. Theory of taxes. Taxation and its principles. Tax classification. The Laffer curve
12.5. Fiscal policy: the essence and kinds

Chapter 13. Money Market. Monetary-Credit System and Monetary-Credit Policy
13.1. The concept of money and its functions
13.2. Monetary system: the idea, structure and types
13.3. Money market and its elements
13.4. Credit and bank systems. Banks and their types
13.5. Monetary-credit policy. Types of monetary-credit policy

Chapter 14. Macroeconomic Equilibrium of Commodity and Money Markets: the IS-LM Model
14.1. Real market equilibrium. Construction of the IS line
14.2. Money market equilibrium. Construction of the LM line
14.3. Joint equilibrium of real and monetary markets (IS – LM)
14.4. The coordination of fiscal and monetary-credit policy. Use of the IS - LM model for the analysis of consequences of stabilization policy

Chapter 15. Social Policy of the Government
15.1. Social policy: the idea, aims, functions, principles and directions
15.2. Living standard of population
15.3. Quality of living of population
15.4. Incomes of the population, distribution and redistribution of income in market economy
15.5. The problem of inequality in distribution of income and social justice provision

Chapter 16. Economic Growth
16.1. The idea and measurement of economic growth
16.2. Factors, sources and types of economic growth
16.3. Models of economic growth
16.4. State regulation, problems and possibilities of economic growth

PART 4. The Principles of International Economy

Chapter 17. Modern World Economy and its Structure
17.1. The concept of world economy. Subjects of world economy and levels of their interaction
17.2. International division of labour as a basis of forming and world economy development
17.3. Modern tendencies of world economy development

Chapter 18. Forms of International Economic Relations Balance of Payments of a Country and its Structure
18.1 World trade of goods and services. Technology as the goods in the world market
18.2 International currency and credit relations
18.3 International labour migration
18.4 Balance of payments as generalizing indicator of foreign economic relations of the country

Bibliography