1. INTRODUCTION TO INTERNATIONAL ECONOMICS T.I.ASHURBEKOVA Dagestan State University

2. History of economic science The main problem of economics Macro- and microeconomics International economics Economic system OVERVIEW OF ECONOMICS

3. HISTORY OF ECONOMICS Ancient Greeks (Aristotle, Plato, Xenophan) Middle Ages Adam Smith (1723 – 1793)

4. THE MAIN PROBLEM OF ECONOMICS CONTRADICTION between UNLIMITED human wants and LIMITED resources COMPONENT QUESTIONS: What How For whom

5. ECONOMIC SYSTEM Traditional economy Command economy Market (mixed) economy

6. MACRO- AND MICROECONOMICS Macroeconomics (macro – large) studies the economy as a whole Microeconomics (micro - small) studies the behaviour of individual consumers and business firms

7. INTERNATIONAL ECONOMICS International microeconomics: studies international trade International macroeconomics: studies the international movement of financial assets

8. CLASSIFICATION OF COUNTRIES 1) traditional: developed, developing, less developed, least developed 2) new: advanced economies, emerging economies Russia – one of the largest emerging economies!!!!!

9. INDUSTRIAL OUTPUT OF BRICS economist.com

10. QUESTIONS??? THANK YOU FOR YOUR ATTENTION

11. Ашурбекова Татьяна Ивановна Зав. кафедрой иностранных языков экономического факультета ДГУ