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   Course Title    International Economic Relations
Lecturer    Hasan Karimov
Institution    Tajik State University
Country    Tajikistan

  1. The aim of International Economic Relations (IER) as an academic course is to assist students in understanding the theoretical grounds, principles and peculiarities of IER, study important methods and facilities of IER.
  2. During the first semester I give lectures on all topics and then go into detailed discussions in each topic in seminar classes. At the end of the semester students take a test but before they do, students submit their reports in the middle of the first semester. In the next semester students take an exam.
  3. IER consist of 60 hours per semester (lectures 30 hours, seminar classes 30 hours) and 120 hours in total. From September till the end of December twice per week from 9 a.m. to 11 a.m. I give lectures and after finishing lecture hours I hold seminar classes.
  4. Reading .


Lindert P. H. ( International Economics . Moscow, Progerss,1992).

Paul Krugman and Maurice Obstfeld ( International Economics. Moscow Uniti , 1997).

Kireev A.P. Meghdunarodnaya ekonomika. Moscow, MO. 1997.

Buglai V.B. and Liventsev N.N. Meghdunarodnie ekonomicheskie otnoshenia (MEO). Moscow, Finaci I statistika, 1996.

Ribalkin V.E. MEO. Moscow, Uniti, 1999.

Sherbanin Y.A. George Fisher. MEO. Moscow, 1997.


Polgov S.I. Globalizatsia ekonomiki. Moscow, Ekonimka,1998.

Vneshekonomicheskij buletten

Voprosi ekonomiki. Journal

Ekonomika Tadjikistana. Journal

Osnovi vneshneekonomicheskikh znanij. Moscow Vishaja shkola 1990.

Levshin F.M. Mirovoi rinok: konunktura,seni I maketing. Moscow MO1996.

Borkhard K.D. Evropeiskaya integratsia-Moscow 1996.

Ribalkin V.E. Analiz ekonomiki . Moscow MO 1996.


Topic 1. World Economy. Conditions of formation and its position in the economic development of the country.

  1. The core and formation of World Economy.
  2. International division of labor and internationalization of economic relations. 2 Hours.
  3. Factors, stipulating the role and position of World Economy in present time. 2 Hours.

Topic 2. Global problems and World Economy.

  1. The core, significance and economic aspects of global problems.
  2. Global problems and IER in modern time. 2 Hours.

Topic 3. Globalization of IER.

  1. The core of the globalization process.
  2. Preconditions and consequences of globalization for World Economy.
  3. National independence and globalization: economic and political aspects. 2 Hours.

Topic 4. IER in market economy conditions: directions, facility and forms of performance

  1. Core and fundamentals of IER.
  2. Objects and subjects of IER in market economy.
  3. Principles and performance of IER in market conditions. 2 Hours.

Topic 5. External factors of economic growth.

  1. Position and importance of IER in growth of National Economy.
  2. Indices explaining the position of external economic factors.
  3. Economic interdependence and national security. 2 Hours.

Topic 6. IER as a ground of World Economy.

  1. IER as a ground of World Economy and factors stipulating the development of IER.
  2. Principal conditions and factors stipulating development of IER. 2 Hours.

Topic 7. Tajikistan in IER.

  1. Tajikistan foreign trade: geographical and merchandise structure.
  2. Foreign direct investments (FDI) in Tajikistanís economy. 2 Hours.

Topic 8. Dynamic and structural changes of IER in present time.

  1. Deepening of internationalization and IER.
  2. International trade in present time.
  3. International capital and labor migration. 2 Hours.

Topic 9. International Trade Theory.

  1. Absolute and comparative advantage as a classical model.
  2. Relative price after trade.
  3. The gains from trade. 2 Hours.

Topic 10.The Hecksher-Ohlin (HO) model.

  1. Basic assumptions of the HO model.
  2. The price of goods and factors.
  3. Income distribution after trade. 2 Hours.

Topic 11. Trade policy instruments.

  1. Tariffs and their effects.
  2. Export subsidies and import quotas.
  3. Other instruments of trade policy. 2 Hours.

Topic 12. International trade of merchandise.

  1. Geographical and merchandise structure of International trade.
  2. Multilateral regulation of International trade.
  3. Foreign trade of Tajikistan: structure and efficiency. 2 Hours.

Topic 13 International trade of service.

  1. Geographical structure of international service trade.
  2. Multilateral regulation of international service trade.
  3. Trade of service and its importance for Tajikistan. 2 Hours.

Topic 14. International capital migration.

  1. FDI and portfolio investments: trends and directions of migration.
  2. Foreign investment in Tajikistanís economy. 2 Hours.

Topic 15. International labor migration.

  1. Economic aspects of labor migration.
  2. Multilateral regulation of labor migration. 2 Hours.
  3. Migration of skilled labor and its consequence for Tajikistan. 2 Hours.

Students attend lectures (30 hours) on all topics and then discuss each of them stage by stage in seminar classes. On the base of topics students make their reports during semester one and pass reports before taking test. Every lecture and seminar class on each topic lasts 2 hours.


Topic 1. International Monetary System.

  1. International monetary relations.
  2. The evolution of International Monetary System. 2 Hours.

Topic 2. The International capital market.

  1. The structure of the international capital market.
  2. Offshore banking and currency trading.
  3. Eurodollars and Eurocurrency market.

Topic 3. Foreign exchange market.

  1. Foreign exchange market: structure and forms of currency operations.
  2. Interest rate and exchange rate. 2 Hours.

Topic 4. Balance of Payments.

  1. The current account: balance of trade, balance of service and non-commercial payments.
  2. The capital account: interest rate and capital migration.2 Hours.

Topic 5. Balance of payments.

  1. The theories of balance of payments.
  2. Balance of Payments of Tajikistan.

Topic 6. International monetary organizations (IMO) in the system of IER.

  1. International Monetary Fund: structure, objectives and evolution.
  2. Tajikistan and IMOs: the forms of cooperation.2 Hours.

Topic 7. International economic integration.

  1. Theories and concepts of economic integration process.
  2. Preconditions and factors of economic integration process. 2 Hours.

Topic 8. Principal stages of economic integration process.

  1. Free trade area and Customs Union.
  2. Common market, Economic and Monetary Union. 2 Hours.

Topic 9. Economic integration processes in Western Europe. European Union (EU).

  1. Formation and development of EU.
  2. Financial and political structure of EU. 2 Hours.

Topic 10. European Monetary System (EMS).

  1. The evolution of EMS: from ECU to EURO.
  2. Euro in present IER. 2 Hours.

Topic 11. Integration processes in other parts of World Economy.

  1. Free trade area in Central Europe.
  2. Economic integration process in North America.
  3. Integration processes in Asia and Africa. 2 Hours.

Topic 12. Integration process in former Soviet Union (CIS) area.

  1. CIS: formation, structure and objectives.
  2. Tajikistan in integration groupings within CIS.

Topic 13. Business in International Economics.

  1. Leasing and international leasing operations.
  2. International factoring. 2 Hours.

Topic 14. Tajikistan and socio-economic organizations of the United Nations (UN).

  1. Principles and directions of economic activity of the UN.
  2. Economic cooperation of Tajikistan with economic organizations of the UN. 2 Hours.

Topic 15. IER and the sources of economic information.

  1. International statistics as a source of economic information.
  2. International economic classificatory. 2 Hours.

During the second semester students attend lectures (30 hours) and seminar classes (30 hours) and work on their Course Work Ė expanded reports and in the end they have to pass their expanded reports before the exam on IER.

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