Russian Economy: Opportunities and Challenges for Doing Business

The focus of the course is on general structure of the Russian economy, main principles of its functioning and its place and role in the world economy.
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Schedule:

November 2021 - December 2021

Teaching time:

Daytime

Location:

Online
Espoo

Topic:

Finance, accounting and economics

Form of learning:

On-campus
Online

Provider:

Aalto University Open University

Level:

Intermediate

Credits:

6 By Aalto University (ECTS)

Fee:

€ 90.00

Course description

The course provides an introduction to the Russian economy. We will begin with the insight into economic history of Russia from Tsar Period (starting from Peter the Great) and proceed to the years of transition from Soviet to market economy. We then progress to the discussion of current issues of the economic development of Russia. These issues include economic geography of Russia, Russian financial system, sectorial analysis of the Russian economy, international economic relations of Russia with the rest of the World and some others. Special attention will be given to the current situation in Russia, i.e. Russian economy under sanctions. This will include such issues as the economic and political causes of Russia-Ukraine crisis, Western sanctions on Russia and countersanctions of Russia, the consequences of sanctions for Russia, its main partners and global economy in general.

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