Course code Ekon5069; 2 credit points

Course developer: Prof. B. Sloka
E-mail: biruta.sloka@lu.lv

Course abstract

The aim of the respective course is to introduce foreign students with Economic development of Latvia in historical and current actual issues prospective. During the course comparisons are given with other Baltic countries. In course materials of Central Statistical Bureau, Bank of Latvia and other institutions are used. Students will get updated information on latest publications, recent information on materials available on the internet, recent information on economic actualities in Latvia.

Results

After successful finish of the course, students get basic understanding about the economic development in Latvia, achievements, on news in statistical data bases and scientific publications. During the course exchange of information on current issues in economic development, often guests from ministries are invited to encourage discussions on economic actualities. During the course students get 200 pages of material in electronic version. They are reports of other students on course topics.

Course description-general outline

1.Economic Situation: Brief Overview: comparison with other Baltic countries in the context of economic development
2.GDP and development tendencies
3.Structure of the national economy
4.Regional development and standard of living
5.State finances
6.Prices. Development of prices in Latvia
7.Balance of payment. Foreign direct investment
8.Finance and capital markets
9.Labour market, development and problems
10.National Lisbon Programme of Latvia. Integration of Latvia in the Economic and Structural Policy of the EU
11.Sector-Specific Development Policies. Privatisation. Public – private partnership
12.Innovations and New Technologies. Information Society
13.Small and Medium-Sized Enterprises. Advisory Councils of the Ministry of Economics
14.Competition Policy. Regulation of Public Utilities. Protection of Consumer Interests and Market Surveillance
15.Quality Assurance
16.Export Promotion


Requirements for obtaining credit points

Active participation in seminars (20% of final evaluation); preparation of two individual home tasks (10%; 10%); preparation and presentation of one report (20%).During semester 60% of final evaluation, 40% - during final assessment (written exam).