Economics of Transition (P01301)

? Credit Points : 10 ? SCQF Level : 11 ? Acronym : MSE-P-Trans

This course has both descriptive and analytical aims. On the first, it reviews the functioning of the former, centrally planned systems of Eastern Europe and the Soviet Union, the events of 1989/90 which led to the downfall of the system, and the reforms of the last decade. On the second, the course shows how modern economic analysis helps to explain both the functioning of the old economic systems in the region and the issues confronting the new. These issues include the analysis of disequilibrium and shortage, privatization, employment and unemployment, enterprise behaviour and privatization, structural change, macroeconomic stabilization, growth, and the problem of integration into Western Europe.

Entry Requirements

? Pre-requisites : PGs only

Subject Areas

Home subject area

Economics, (Management School and Economics, Schedule H)

Delivery Information

? Normal year taken : Postgraduate

? Delivery Period : Block 4 only

? Contact Teaching Time : 3 hour(s) per week for 6 weeks

All of the following classes

Type	Day	Start	End	Area
Lecture	Thursday	09:00	12:00	Central

Summary of Intended Learning Outcomes

Knowledge and understanding of the functioning of the former, centrally planned systems of Eastern Europe and the Soviet Union, the events of 1989/90 which led to the downfall of the system, and the reforms of the last decade. Knowlkedge and understanding of how modern economic analysis helps to explain both the functioning of the old economic systems in the region and the issues confronting the new including the analysis of disequilibrium and shortage, privatization, employment and unemployment, enterprise behaviour and privatization, structural change, macroeconomic stabilization, growth, and the problem of integration into Western Europe.