Master degree program
World Economy

World Economy

QUALIFICATION

  • Scientific and pedagogical direction - Master of Economic Sciences

MODEL OF GRADUATING STUDENT

Upon completion of this educational program it is expected that students will be able to:
ON1 Formulate arguments and solve modern research problems of international trade issues, customs, international project management with the use of information technology.
ON2 Apply knowledge on practices in the global economy, international business, customs regulation, the competitiveness of firms in international markets.
ON3 Compare, evaluate and develop international projects for the world's financial markets and institutions, investment risk insurance and taxation.
ON4 Analyze the principles and characteristics of international macroeconomics and entrepreneurship, risk management, international investment activities of financial markets and institutions.
ON5 Identify global problems of humanity, to analyze and evaluate the relationship between global challenges and the development of the world economy.
ON6 interpret knowledge in the field of methodology, organization and planning of scientific research, risk management, taxation and investment for their activities.
ON7 Use a variety of methods and tools of scientific knowledge for the analysis of global problems and contradictions in the world economy, the world commodity and energy markets.
ON8 Identify the main problems and justify the competitiveness of companies in the global energy, commodity and financial markets, to be able to present their own research in the form of articles, reports, projects in the scientific community.
ON9 Develop analytical reports, research papers and presentations on topical issues of international trade, financial crises, risk management and international taxation with the use of modern technologies.
ON10 analyze and evaluate complex processes taking place in different countries around the world, the global financial crisis for the risk management and insurance in international trade.
ON11 generate new ideas, to develop methodological portfolio to carry out training activities in the undergraduate during teaching practice.
ON12 is argued to represent and defend their own scientific opinion, be able to work in a team, possess positive communication skills, and possess a professional foreign language.

Program passport

Speciality Name
World Economy
Speciality Code
7M04101
Faculty
International Relations

disciplines

Economic Aspects of Global Problems of Humanity
  • Number of credits - 5
  • Type of control - [RK1+MT+RK2+Exam] (100)
  • Description - The purpose of the discipline: to form the ability to explain the main problems and contradictions of the world economy, to reveal the impact of the economic and technogenic activities of mankind on the aggravation of global problems. The discipline studies: the contradictions of the global economy; social and economic consequences of global problems; benefits and costs of globalization.

Foreign Language (professional)
  • Number of credits - 5
  • Type of control - [RK1+MT+RK2+Exam] (100)
  • Description - The purpose is to acquire and improve competencies by international standards of foreign language education and to communicate in an intercultural, professional, and scientific environment. A master's student must integrate new information, understand the organization of languages, interact in society, and defend his point of view.

History and Philosophy of Science
  • Number of credits - 3
  • Type of control - [RK1+MT+RK2+Exam] (100)
  • Description - Purpose: Understanding of modern philosophy as a system of scientific knowledge, including worldview in rational-theoretical comprehension. The discipline includes aspects of the evolution and development of scientific thinking, historical moments, the contribution of scientists and scientific schools to the formation of science, and ethical and social aspects of scientific activity.

International Economic Integration
  • Number of credits - 5
  • Type of control - [RK1+MT+RK2+Exam] (100)
  • Description - The purpose of the discipline: to form the ability to analyze the problems and trends of modern integration processes, evaluate the advantages and disadvantages of various forms of international economic integration. The discipline studies: prerequisites for international and regional integration; content, forms and goals of creating integration associations; features of economic interaction in the main integration associations of Europe, America, Asia and Africa.

International Entrepreneurship
  • Number of credits - 5
  • Type of control - [RK1+MT+RK2+Exam] (100)
  • Description - The purpose of the discipline: to form the ability to identify problems, analyze competitive environment and interaction of subjects of international business. The discipline studies: features and strategies of international entrepreneurship; the role and place of national, international and private actors in international business; international experience of entrepreneurship and the possibility of its application in Kazakhstan.

International Macroeconomics
  • Number of credits - 5
  • Type of control - [RK1+MT+RK2+Exam] (100)
  • Description - The purpose of the discipline: to form the ability to analyze the main indicators of macroeconomics, to substantiate the relationship of economic sectors in the national economy. The discipline studies: macroeconomic indicators of an open economy; interconnections of economic sectors; the impact of the exchange rate on the balance of payments and the country's economy; major trends in the global economy.

Methodology of Economic Research
  • Number of credits - 5
  • Type of control - [RK1+MT+RK2+Exam] (100)
  • Description - The purpose of the discipline: to form the ability to apply various methods and tools of research, to formulate and justify the goal, objectives, object, subject, novelty of research, to draw independent conclusions and suggestions. The discipline studies: existing concepts and approaches in the study of economic processes; methodological principles of research; databases for high-quality bibliographic, historiographic review.

Organization and Planning of Scientific Research (in English)
  • Number of credits - 5
  • Type of control - [RK1+MT+RK2+Exam] (100)
  • Description - The purpose of the discipline is to form the research culture of the future specialist, and to study the theoretical and methodological principles of organizing research activities in the context of the development of science and society. The discipline is aimed at developing the ability to conduct independent scientific research using methods and techniques of analysis, and information scientific resources.

Pedagogy of Higher Education
  • Number of credits - 5
  • Type of control - [RK1+MT+RK2+Exam] (100)
  • Description - Purpose: To provide pedagogical theories and practical strategies for effective teaching in higher education, fostering critical thinking, and academic success. The course explores instructional methods, curriculum design, assessment techniques, and classroom management strategies preparing educators to create inclusive and stimulating learning environments.

Psychology of management
  • Number of credits - 3
  • Type of control - [RK1+MT+RK2+Exam] (100)
  • Description - Formation of knowledge about the fundamental concepts of management psychology for the practical application of the most critical aspects of management in professional interaction. Basic principles of management psychology, personality in management interactions, management of personality behavior, modern ideas, psychology of managing group phenomena, motivation, and practical reflection.

Data for 2021-2024 years

disciplines

Customs and Customs Law
  • Type of control - [RK1+MT+RK2+Exam] (100)
  • Description - The purpose of the discipline: to form the ability to understand and apply the norms of customs law and customs in international trade. The discipline is aimed at studying: norms, rules, principles and features of customs and customs law of different countries, methods of customs regulation of foreign economic activity in the Republic of Kazakhstan and abroad.

Economic Security and National Interests
  • Type of control - [RK1+MT+RK2+Exam] (100)
  • Description - The purpose of the discipline: the formation of the ability to deeply analyze the economic processes taking place not only within the country but also outside it in order to ensure economic security. During the study of course master’s students will be formed the following abilities: - to be able to deeply analyze the economic processes taking place not only within the country, but also outside it in order to ensure economic security; - to identify regional and potential threats to the development of the country's economy in the context of expanding its foreign economic relations and participation in international investment exchange - to reveal the importance of state policy in the protection of national interests and national security in the context of global social development - to use theoretical skills for the analysis of economic processes from the standpoint of security, the use of information in professional activities. - assess the need to protect national interests and ensure national security on the basis of security thresholds in the context of increasing globalization. During the study of the discipline master’s students will learn following aspects: potential threats to the development of the country's economy in terms of expanding its foreign economic relations and participation in international investment exchange; factors and indicators characterizing the state of economic security.

Global challenges of the XXI century
  • Type of control - [RK1+MT+RK2+Exam] (100)
  • Description - The purpose of the discipline: the formation of the ability to attract the attention of the world community to the solution of environmental, demographic, food, social and other problems of mankind. During the study of course master’s students should be competent in: - explain the content of the 10 global challenges of the XXI century identified in the strategy "Kazakhstan-2050»; - to justify the need to involve the world community in solving environmental problems of mankind; - to justify the need to involve the world community in solving the demographic problems of mankind; - to justify the need to involve the world community in solving food, social and other problems of mankind; - to compare demographic processes of different groups of countries and find ways to solve problems in this area. During the study of the discipline master’s students will learn following aspects: currently, the most important are the issues of overcoming the crisis and saving humanity from the upcoming global changes: climate warming, water and food problems that shake the world of socio-economic, olitic conflicts and other various cataclysms, catastrophes, negative processes. This puts before humanity problems that have not yet had to solve the earth's civilization

Global Logistics Systems
  • Type of control - [RK1+MT+RK2+Exam] (100)
  • Description - The purpose of the discipline is to form knowledge and practical skills of logistics support for global business. The discipline defines the role of logistics in the company's activities and in the country's economy; teaches to identify factors, development trends and flows of international logistics; evaluates state regulation and customs tariff, non-tariff regulation of global logistics systems.

International Economic Integration
  • Type of control - [RK1+MT+RK2+Exam] (100)
  • Description - The purpose is to interpret theories and understand the patterns of international economic integration. The course provides an opportunity to evaluate the advantages and disadvantages of international economic integration. The acquired knowledge helps explain the principles and features of economic interaction globally and analyze integration processes' content, dynamics, and trends.

International Finance
  • Type of control - [RK1+MT+RK2+Exam] (100)
  • Description - The purpose of the discipline: to form the ability systematically analyze the essence, role of international finance in the world economy, to use the experience of the functioning of financial centers in practical activities. The discipline studies: the concept, types and mechanism of circulation of international finance; rules and features of currency and financial transactions; activities of subjects of international financial transactions.

International Financial Markets and Institutions
  • Type of control - [RK1+MT+RK2+Exam] (100)
  • Description - The main purpose of course: to form the ability to justify the purpose, role and activities of global financial institutions in the regulation of international financial markets. During the study of course, students should be competent in: - - demonstrate in-depth knowledge of the structure and institutional environment of international financial markets; - to conduct a critical analysis of the dynamics of the development of world financial markets and institutions; - to reveal the interaction of subjects and institutions that regulate financial and economic relations in financial markets; - assess the role and activities of different countries in international financial markets; - explore the causes and factors of the emergence of offshore financial markets. During the study of the discipline students will learn following aspects: structure and institutional environment of international financial markets; conjuncture and changing dynamics of financial markets; interaction of various subjects and institutions regulating financial and economic relations.

International Marketing
  • Type of control - [RK1+MT+RK2+Exam] (100)
  • Description - The main purpose: to form the ability to analyze, conduct the company's marketing activities in foreign markets. The training course generates knowledge about goals, principles, functions, types of marketing activities, skills of their application in practice. Discipline is aimed at exploring ways to conduct marketing research, market segmentation, process management of international marketing.

International Taxation
  • Type of control - [RK1+MT+RK2+Exam] (100)
  • Description - The purpose of the discipline: to form the ability to carry out a comprehensive analysis of the tax systems of the countries of the world, to generalize and apply the world experience of taxation, ways to solve the problem of double taxation between countries. The discipline studies: principles, features and mechanisms of international taxation; differences between national and international taxation; the influence of various factors on international taxation.

International Technological Cooperation
  • Type of control - [RK1+MT+RK2+Exam] (100)
  • Description - The purpose of the discipline: to form the ability to identify priority areas and types and forms of technological cooperation. During the study of course master’s students should be competent in: - to critically assess the factors causing the development of technological cooperation and to know the world centers of joint research; - interpret information about the ways and forms of economic mechanisms of technological cooperation between scientists from different countries; - to analyze the degree of development of scientific and technological potential of different countries and ways of its evaluation - - justify the types and forms of international technological cooperation; - develop plans for international technological cooperation in the short, medium and long term During the study of the discipline master’s students will learn following aspects: economic relations associated with the technological development of the world economy as a whole and individual countries; modern forms of innovation and technological development and cooperation, factors that contribute to the acceleration or slowdown of technological cooperation of the world. Particular attention is paid to the transfer of technology

International Trade of Goods and Services
  • Type of control - [RK1+MT+RK2+Exam] (100)
  • Description - The purpose of the discipline: the formation of the ability theoretically analyze the problems of structure, features, and rules of world trade regulating, world commodity markets. The discipline studies the basic principles and features of international trade in goods and services, the role and activities of the WTO, the conjuncture, features of the functioning of world commodity markets, the rules, forms and mechanisms of international trade.

International Trade Policy
  • Type of control - [RK1+MT+RK2+Exam] (100)
  • Description - The main purpose: to analyze the international and foreign trade policy of the world countries. The course forms knowledge and skills related to international trading activities; is aimed at acquiring the skills of analyzing current international situation in the trade, searching, analyzing information about the current state and promising directions for the development.

Management of International Projects
  • Type of control - [RK1+MT+RK2+Exam] (100)
  • Description - The purpose of the discipline: to form the ability to apply theoretical knowledge and practical skills in the use of international project management techniques related to investments in various countries. The discipline is aimed at studying: the theory and practice of managing international projects, methods of managing a specific project.

Risk Management in Iinternational Trade
  • Type of control - [RK1+MT+RK2+Exam] (100)
  • Description - The purpose of the discipline: to form the ability to disclose the concept, factors and causes of risks in international trade, methods and ways of managing risks in a competitive environment. The discipline studies: the essence, causes and occurrence of risks in international trade, features and types of risks; risk management for risk management in international trade.

The Competitiveness of Firms
  • Type of control - [RK1+MT+RK2+Exam] (100)
  • Description - The purpose of the discipline: to form the ability to explain the main factors of the company's competitiveness, to substantiate the interdependence between product quality, scientific and technical progress, cost reduction strategy. The discipline studies: the activities of firms in a competitive world market, the problems of product quality, cost reduction, transport costs, the principles of increasing the competitiveness of the company.

The Global Commodity Markets
  • Type of control - [RK1+MT+RK2+Exam] (100)
  • Description - The purpose of the discipline: to develop students' basic knowledge in the field of theory and practice of studying and analyzing world commodity markets. The discipline is aimed at studying the structure of world commodity markets, the peculiarities of the market conjuncture and the dynamics of development of world markets of individual product groups: food and agricultural raw materials; energy resources; machinery and equipment, etc.

The International Insurance and Risk Management
  • Type of control - [RK1+MT+RK2+Exam] (100)
  • Description - The purpose of the discipline: to form the ability to carry out a theoretical analysis of the goals, objectives, forms and methods of insurance and risk management in international business. The discipline studies: the essence, nature and causes of entrepreneurial risks; types of risks and methods of their management; features of international insurance and risk hedging in international business.

The World Energy and Commodity Markets
  • Type of control - [RK1+MT+RK2+Exam] (100)
  • Description - The purpose of the discipline: to form the ability to analyze the conjuncture, structure and mechanism of pricing in commodity and resource markets. The discipline studies: the impact of world energy markets on the economies of countries, the production and export of goods and energy carriers, pricing features, market conditions and the role of Kazakhstan in the commodity and energy markets.

Theory and Practice of International Investment
  • Type of control - [RK1+MT+RK2+Exam] (100)
  • Description - The purpose of the discipline: to form the ability to apply theoretical knowledge and practical skills of international investment. The discipline studies: theoretical and practical aspects of international investment, problems, patterns, rules of international investment, the structure and activities of TNCs, sources of international investment.

Theory and Practice of International Trade
  • Type of control - [RK1+MT+RK2+Exam] (100)
  • Description - TThe purpose of the discipline - the formation of research skills for the development of conceptual approaches to the analysis of the most important indicators characterizing global trade. In addition, the discipline forms the ability to: - apply research skills to study the theory of international trade, - to develop the main conceptual approaches to the theory and analysis of the most important indicators characterizing world trade and foreign trade of the Republic of Kazakhstan, - identify problems and prospects for the development of trade relations of Kazakhstan with various countries; -determine and predict the economic efficiency of export and import operations; -to calculate the world prices taking into account the existing system of price discounts and allowances for various product groups and basic terms of delivery During the study of the discipline master's students will consider the following issues: the classical theory of international trade A. Smith, D. Ricardo, Heckscher-Olin model, Leontiev's paradox, as well as their application in practice on the basis of the study of world trade institutions GATT/WTO and their tools in solving problems of international trade

Transborder Cooperation in Conditions of Globalization
  • Type of control - [RK1+MT+RK2+Exam] (100)
  • Description - The purpose of the discipline is to form the ability to assess the choice of priorities of cross-border cooperation of neighboring States. In addition, discipline forms the ability: - to apply conceptual approaches to the formation and functioning of border economic zones; - to carry out a comparative analysis of the development of national economies in the context of the choice of strategic directions of development of neighboring countries in the context of deepening cross-border cooperation; - identify and group (classify) the factors of development of cross-border cooperation - to assess the effectiveness of cross-border trade on the basis of the development of trade relations; - develop and adapt models and forms of cross-border cooperation in the formation of local and regional border areas During the study of the discipline master’s students will learn following aspects: cross-border cooperation as a way to intensify political, economic, socio-cultural relations between regions of States; conceptual approaches to the formation and functioning of border economic zones; methods of comparative analysis of national economies in the context of the choice of strategic directions of development of neighboring countries

World Demographic Development
  • Type of control - [RK1+MT+RK2+Exam] (100)
  • Description - The purpose of discipline: to form the ability to assess the various forms of population movement. During the study of course master’s students will be formed the following abilities: - to interpret the main trends in the development of the world population, their features in Kazakhstan; - evaluate different forms of population movement; - to apply methods of studying migration, assessment of various forms of population movement; - use the methods of constructing probability tables to study mortality, fertility, marriage, divorce, - develop demographic projections During the study of the discipline master’s students will learn following aspects: the reproduction of the population as a whole and its components; the reproduction of the population as a mass social process; quantitative relationships, sex and age structure of the population, dependence on social and economic phenomena; the nature of the interaction of population growth with the development of society, the theory of population reproduction and demographic forecasts

World Financial Crises
  • Type of control - [RK1+MT+RK2+Exam] (100)
  • Description - The purpose of the discipline: to form the ability to reveal the essence and impact of global financial crises on the global economy. The discipline studies: the causes and factors of financial crises, the nature and cyclicality of crises, the mechanism, regularities and forms of manifestation of the global financial crisis, the consequences of the impact of the global financial crisis on the economies of the world.

World Labor Market and Labor Migration
  • Type of control - [RK1+MT+RK2+Exam] (100)
  • Description - The purpose of the discipline: to form the ability to analyze and evaluate current trends and factors in the development of the global labor market. The discipline studies: the main characteristics of the formation of the world labor market, the causes, forms and directions of international labor migration, the features and consequences of the international movement of labor for countries and regions.

Data for 2021-2024 years

INTERNSHIPS

Pedagogical
  • Type of control - Защита практики
  • Description - Aim оf discipline: formation of the ability to carry out educational activities in universities, to design the educational process and conduct certain types of training sessions using innovative educational technologies.

Research
  • Type of control - Защита практики
  • Description - The purpose of the practice: gaining experience in the study of an actual scientific problem, expand the professional knowledge gained in the learning process, and developing practical skills for conducting independent scientific work. The practice is aimed at developing the skills of research, analysis and application of economic knowledge.

Data for 2021-2024 years