Конъюнктура отраслевых рынков (Industrial Economics)

Professor-Elena Tissen. This course surveys major topics and theories in the field of Industrial Economics or Industrial Organization (IO). IO studies the structure and behavior of firms and their strategic interactions with one another in the marketplace, also studies the impact that those interactions have on market structure and welfare. 

The knowledge that the student will derive from the course is useful for further study of firms and markets as well as the effects of regulatory and legal systems (such as antitrust law or competitive policies) upon firms; and how firms operate under regulatory and legal regimes. The knowledge is also useful in further study of the internal operation of firms. All these topics are covered in the field of IO. Topics covered in this field are useful not only for academic consideration, but also in private enterprises, including financial and legal institutions; in Federal and state regulatory agencies; and in international trade.


Costs, Price, Profit, Break-even of a Startup Economic Calculator

Tax Management (IEB)

Professors Team: Irina Vedmed and Amin Sokhanvar. This course examines the system of state and corporate management of tax flows using scientifically sound market forms and methods for solving problems in the field of managing tax revenues and tax expenses at the macro and micro levels in order to ensure the efficiency of tax flows and increase the efficiency of taxation methods, tax planning, regulation and control.


International Logistics (IEB)

Professor Alexander Yashin. The course introduces students to basic principles and functions of international logistics. Students are encouraged to explore functional component of
international logistics systems and supporting complex international logistics.ILO-10-Ability to model innovative solutions for the responsible management of
production, financial and economic resources, building effective communications in various socio-economic environments for the successful conclusion of international transactions

International Financial Reporting Standards (IEB)

The course reveals the main aspects of international financial reporting standards (IFRS). This course is an aimed at studying theoretical and practical aspects of  reporting and accounting in accordance with international standards. 

It is being taught in cooperation with audit companies 

ECTS: 3

In class learning hours: 17/17 (8 lectures; 8 seminars)

Self-learning hours: 74

Assessment form: Pass/Fail

FDI and Investment Analytics

The basic objective of this foundation course is to summarize the fundamental theoretical aspects in the field of foreign direct investments. Course is focused at the most important issues of theories and motives for foreign direct investment, modern characteristics of sectorial and geographical FDI distribution in the world economy.

Models and methods of International macroeconomics

Professors team:Oleg Mariev, Andrey Pushkarev This course is an intermediate level course in the field of open macroeconomics and international finance. The discipline is designed to provide students with a clear idea of ​​the interrelationships existing within an open macroeconomic systems. 

During the course, students should familiarize themselves with the basic concepts of the theory of international finance, the main assumptions, consequences and conclusions of the models studied. Students would learn how to apply mathematical tools to analyze economic phenomena and implement the modeling process. As a result, the course has a high degree of practical importance, both for the subsequent academic activity of students, and for the general educational level. 

The main element of the methodological novelty of the course is the use of interactive technologies and project work, involving the analysis and presentation of relevant research, the presentation of students’ own scientific research on a given topic. Also, the development of the course is associated with the active use of modern mathematical and econometric tools, which also justifies the methodological novelty of the discipline presented.
ILO-08- Ability to develop, analyze, evaluate and interpret the socio-economic indicators of the organization, region, country, world economy performance in order to prepare analytical forecasts and models


International Financial Management

Professor Igor Drapkin. This course focuses on the theoretical and practical knowledge required for the management of financial and investment functions of multinational corporations. Students will discover how the international capital markets, foreign exchange markets, and the derivatives market can be used to manage transaction and operating risks facing the multinational firm. Students will learn, through hands-on case studies and empirical evidence how to manage multinational companies' investment and financing activities. The relevance of country risk and international corporate governance in cross-border investments will also be examined. The general emphasis is on the identification and management of opportunities and risk relating to international investments, exchange rate fluctuations, international financial markets and government policy changes.

International Operations

Lecturer Liudmila Kriventsova.The objective of the course is to provide the students with systematic knowledge about the types and forms of international operations implementation, as a significant element of the company in the global market conditions. The course describes basic concepts and terminology, the basic tendencies of country’s external economic relations development, forms of foreign trade, especially trade of certain groups of products and focuses on contracts as means by which transactions are made.

The course contributes to the formation of skills associated with the adoption of managerial decisions while entering international markets, the rationale for the expediency of foreign trade transactions in accordance with the norms of international law. The course is devoted to the study of the organization and techniques of international operations  of the company, and includes various types of commercial transactions of international trade. Particular attention is paid to the drafting of the international sales contract, its structure and content.

Public Economics (IEB)

Professor: Anna Dyachkova. Public economics is an applied science (in terms of using the tools of microeconomic analysis) aimed at studying the content and main directions of the economic activity of the state, as well as analyzing the consequences of state intervention in the economy.

The main goal of the course is to search for answers to questions about the role of the state in the economy. This search is based on theoretical models using modern microeconomic tools. Within the course, students are looking for answers to the questions: is taxation justified? It is better for the state to interfere less in economic life or state support in the housing, banking, education, etc? Whether it is necessary or not to equalize the incomes of citizens, etc.?