Educational institution “The Belarusian Trade and Economics University of Consumer Cooperatives”



Faculty Economics and Management
Speciality Code 1-25 80 02
Speciality Global Economics
Degree Master
Period of training 1 year (full term (day-time), 1,5  year (correspondence course)
Language of study English
Benefits of study —          Personal advancement

—          Qualified capacity development

—          Development of expert, analytical, and research skills

—          Internship abroad

—          Intense language training

—          Research direction of disciplines

—          Latest economic knowledge and experience

—          Advanced education technologies

—          Convenient time-table

—          Access to e-resources

—          Moderate tuition fee

Applicants’ requirements Completed higher education (specialist diploma or Bachelor’s degree).

Knowledge of the Russian language (applicant is interviewed for knowledge of the Russian language).

Basic Subjects
Academic discipline Credits (EСTS) Hours
Microeconomic Analysis and Policy 3 102
Macroeconomic Analysis and Policy 3 108
International Competition 3 108
Global Economics and Foreign Economic Policy 3 108
Data Mining Technology 3 100
International Business 3 100
International Finance 3 106
History and Modern Trends of Global Economics 3 100
Russian as the Second Language (Mastery Level) 6 198
Basics of Scientific Style of Speech (Economics) 3 100
Business Correspondence, Registration of Foreign Trade Contracts 3 120
Contemporary Global Issues 3 102
Technologies of Conducting Business Negotiations 3 100
Professional and universal competencies that a graduate will possess In the process of training, the following professional competencies will be formed:

·  To be able to apply methods of scientific knowledge (analysis, comparison, systematization, abstraction, modeling, data validation, decision making, etc.) in independent research activities, generate and implement innovative ideas ;

·  To study new methods of economic designing, research and production organization independently;

·  To take the initiative, including in risk situations, to solve problem situations on the basis of an innovative approach;

·  To use fundamental economic knowledge in professional activity;

·  To be able to carry out pedagogical activities in educational institutions, to master and implement effective educational and information and communication technologies, pedagogical innovations

·  To know methodology of scientific knowledge, be able to analyze and evaluate content and level of philosophical and methodological challenges in solving problems of research and innovation;

·  To speak a foreign language for communication in an interdisciplinary and scientific environment, in various forms of international cooperation, research and innovation;

·  To have skills of using modern information technologies to solve research and innovation task;

·  To be able to analyze behavior of business entities in conditions of various types of market structures, to research and develop a market strategy of an organisation, to evaluate the consequences of state microeconomic policies;

·  To be able to analyze special aspects of macroeconomic policy under various initial conditions of economy functioning, to develop measures of macroeconomic policy;

·  To be able to identify main patterns and trends of the global economy, apply forecasting methods, use computer software to build up models for forecasting global economy development;

·  To be able to develop and implement innovative and venture projects, to form and develop competitive advantages of an organisation based on innovative solutions, to develop new market segments of innovative products and services;

·  To know theory, be instructed on modern scientific schools of the world economy, evaluate processes and identify trends in its development, be able to apply the methods and tools of foreign economic policy, analyze the results of implementation and develop recommendations for its improvement;

·  To be able to carry out data mining to solve economic, managerial, research problems;

·  To have skills of analyzing of global company business environment, make optimal management decisions and formulate a marketing strategy in international markets;

·  To be able to assess processes occurring in global financial market, identify trends and prospects for its development;

·  To know main stages of formation of global economy, analyze trends and problems of its development;

·  To have skills of oral and written communication in Russian;

·  To be able to apply basic scientific economic terminology using the Russian language to solve theoretical and practical problems;

·  To have skills of carrying on business correspondence, drawing up foreign trade contracts in a foreign language;

·  To know basic problems of a person, society and a state, be able to argue their own point of view, guided by the principles of tolerance, dialogue and cooperation;

·  To have skills of organizing business negotiations using effective methods of negotiating;

·  To know international basics and principles of business ethics;

·  To have skills of business planning for creation and development of areas of activity of organisations (foreign economic activity);

·  To know rules and norms of international trade laid down in the agreements of the World Trade Organization, assess benefits and risks of working within the framework of a country’s membership in the WTO.