German Economic System

The main aim of the course is to analyse the changes and the tendecies of German economy, its market economy specifisity; to introduce students with the history, politics and economics of Germany. At the beginning of the course it is expected to evaluate impact of German economics to social, political and economical development of the European countries. Teaching this course the main focus will be on specific features of German economic system. Welfare state concept in Germany will be introduced. The purpose of the final lecture will be to assess the impact on the European economics past, present and future.

To acquaint students with the German economic model, its nature and structure, illustrated with practical examples based on theories and using situational analysis; to teach students to apply this theory, taking into account economic factors in Germany, to analyse and to assess the modern German economy.

No

1. History of German economic theories. 2. History of the German economy. 3. Politics and Economics of Modern Germany. 4. Transition from planned to market economy. 5. The uniqueness of the German economic context. 6. Economic welfare in Germany. 7. The German social market economy: employment guarantees and social services. 8. Problematic issues in the German economy . 9. German production, international companies. 10. Germany as an example of a sustainable economy. 11. Eurozone 12. Germany as a member of the EU. 13. Germany's influence on the past, present and future of the European economy.

Knowledge is assessed according to the ten-point system: 10: Excellent, exceptional knowledge and skills, 94-100% correct answers. 9: Strong, good knowledge and skills, 85-93% of correct answers. 8: Above average knowledge and skills, 75-84% of correct answers. 7: Average knowledge and skills, 65-74% of correct answers. 6: Satisfactory knowledge and skills, 55-64% correct answers. 5: Weak knowledge and skills that meet the minimum requirements, 45-63% of correct answers. 0-4: Knowledge and skills do not meet the minimum requirements, less than 44% of correct answers.