Veidlapa Nr. M-3 (8)
Study Course Description

Economic Transformation and Transformational Potential of Socio-Economic Systems

Main Study Course Information

Course Code
SBUEK_224
Branch of Science
Economics and Business
ECTS
3.00
Target Audience
Business Management; Management Science
LQF
Level 8
Study Type And Form
Full-Time; Part-Time

Study Course Implementer

Course Supervisor
Structure Unit Manager
Structural Unit
Faculty of Social Sciences
Contacts

Dzirciema street 16, Rīga, szf@rsu.lv

About Study Course

Objective

To study the specific character of transformation and the potential for the transformation of socio-economic systems in contemporary conditions. Special attention will be given to changes that are essential in searching for new forms, methods and ways to ensure sustainable development of national socio-economic systems and their balanced socio-economic growth. The course will focus on the sustainable development of the socio-economic system and factors and conditions that determine the potential for transformation of systems.

Preliminary Knowledge

Macroeconomics, Current issues of macroeconomics

Learning Outcomes

Knowledge

1.Ability to demonstrate understanding of the specific character of transformation and the potential for transformation of socio-economic systems in contemporary conditions; ability to understand and demonstrate world practices and trends in development and implementation of national strategies for sustainable economic growth. As well as knowledge of analytical methods that help to determine transformational potential towards innovation and digitalization and their impact on business.

Skills

1.Doctoral students are able to assess independently economic aspects of transformation, factors and conditions of the transformational potential; to apply a border analysis to the development of the national socio-economic systems within the international framework. Doctoral students are able to interpret the reasons of socio-economic strategies in national states and their impact on sustainable transformation and economic growth, and to assess the impact of innovation and digitalisation on business as a result of the national transformation strategies.

Competences

1.Doctoral students are able to carry out an independent, critical analysis and apply economic methods to assess socio-economic systems, to evaluate economic parameters of transformation and to assess national and international strategies in innovation and digitalisation towards sustainable development.

Assessment

Individual work

Title
% from total grade
Grade
1.

Individual work

-
-
• Work with literature. • Data collection and analysis. • Case studies.

Examination

Title
% from total grade
Grade
1.

Examination

-
-
• Activity during interactive lectures – 60%. • Solving case study tasks in classes – 40%.

Study Course Theme Plan

FULL-TIME
Part 1
  1. Lecture

Modality
Location
Contact hours
On site
Auditorium
2

Topics

Impact of global economic dynamics on socio-economic systems and countries.
  1. Lecture

Modality
Location
Contact hours
On site
Auditorium
2

Topics

National socio-economic policies and the international regulatory framework.
  1. Lecture

Modality
Location
Contact hours
On site
Auditorium
2

Topics

National economic and social policy strategies.
  1. Class/Seminar

Modality
Location
Contact hours
On site
Auditorium
2

Topics

Potential for transformation: factors and conditions for sustainable development.
  1. Class/Seminar

Modality
Location
Contact hours
On site
Auditorium
2

Topics

Innovation: co-creation and triple helix approach.
  1. Class/Seminar

Modality
Location
Contact hours
On site
Auditorium
2

Topics

Transition towards digitalisation and the green economy: impact on business.
  1. Class/Seminar

Modality
Location
Contact hours
On site
Auditorium
2

Topics

Transition towards digitalisation and the green economy: impact on business.
Total ECTS (Creditpoints):
3.00
Contact hours:
16 Academic Hours
Final Examination:
Test
PART-TIME
Part 1
  1. Lecture

Modality
Location
Contact hours
On site
Auditorium
2

Topics

Impact of global economic dynamics on socio-economic systems and countries.
  1. Lecture

Modality
Location
Contact hours
On site
Auditorium
2

Topics

National socio-economic policies and the international regulatory framework.
  1. Lecture

Modality
Location
Contact hours
On site
Auditorium
2

Topics

National economic and social policy strategies.
  1. Class/Seminar

Modality
Location
Contact hours
On site
Auditorium
2

Topics

Potential for transformation: factors and conditions for sustainable development.
  1. Class/Seminar

Modality
Location
Contact hours
On site
Auditorium
2

Topics

Innovation: co-creation and triple helix approach.
  1. Class/Seminar

Modality
Location
Contact hours
On site
Auditorium
2

Topics

Transition towards digitalisation and the green economy: impact on business.
Total ECTS (Creditpoints):
3.00
Contact hours:
12 Academic Hours
Final Examination:
Test

Bibliography

Required Reading

1.

Strohmaier, R., Schuetz, M. and Vannuccini, S. 2019. A systemic perspective on socioeconomic transformation in the digital age. Journal of Industrial and Business Economics. 46(3), 361-378.

2.

Frensch, R. and Kutan, A., eds. 2019. Economic Systems.Leibniz Institute for East and Southeast European Studies. Available from: https://www.journals.elsevier.com/economic-systems

3.

Strohmaier, R., Schuetz, M. and Vannuccini, S. 2019. Going beyond by inspecting the ties between: A structuralist view on measuring technological transformation and socioeconomic development. Journal of Industrial and Business Economics. 46(3), 361-378.

4.

Pardi, T. 2019. Fourth industrial revolution concepts in the automotive sector: performativity, work and employment. Journal of Industrial and Business Economics. 46(3), 379-389.

5.

Malecki, E., J. and Moriset, B. E. 2008. The Digital Economy: Business Organization,Pproduction Processes and Regional Developments. New York: Routledge. 274.

Additional Reading

1.

Global Sustainable Development Report - Scientific contributions and outreach activities Implementing the Agenda 2030: Integrating Growth, Environment, Equality and Governance Investment Facilitation for Sustainable Development. UN. Available from: https://sustainabledevelopment.un.org/content/documents/2328Global%20Sustainable%20development%20report%202016%20(final).pdf

2.

Huawei. 2019. Global Connectivity Index. Country Profile. Available from: https://www.huawei.com/minisite/gci/en

3.

Frank, M.R., Autor, D., Bessen, J.E., Brynjolfsson, E. et al. 2019. Toward under-standing the impact of artificial intelligence on labor. PNAS. 116(14), 6531-6539. Available from: https://www.pnas.org/content/pnas/early/2019/03/21/1900949116.full.pdf

4.

European Parliament. 2019. Annual strategic report on the implementation and delivery of the Sustainable Development Goals (SDGs) (2018/2279(INI)). Availabale from: https://www.europarl.europa.eu

5.

Peris-Ortiz, M., Ferreira, J.J.M., and Fernandes, C.I. 2018. Do total early-stage entrepreneurial activi-ties (TEAs) foster innovative practices in OECD countries? Technological Forecasting and Social Change. 129, 176-184.

6.

European Commission [EC]. 2018. Digital transformation scoreboard 2018. EU businesses go digital: Opportunities, outcomes and uptake. Luxembourg: Publications Office of the European Union. DOI: 10.2826/691861

7.

Ustundag, A. and Cevikcan, E. 2018. Industry 4.0: Managing the Digital Transformation. Springer International Publishing. 285. Springer Series in Advanced Manufacturing.

8.

International Monetary Fund. Communications Department. 2018. The Long and Short of The Digital Revolution. Finance&Development. 55(2). DOI: http://dx.doi.org/10.5089/9781484357415.022

9.

European Commission [EC]. 2017. Europe's Digital Progress Report 2017 (EC, 2017). Commission staff working document. Available from: https://ec.europa.eu/digital-single-market/en/news/europes-d igital-progress-report-2017

10.

Degryse, Ch. 2017. Shaping the world of work in the digital economy. Forest Brief. Brussels, 1. Serie: European Trade Union Institute Research paper. Doi: org/10.2139/ssrn.2901937

11.

Autio, E. 2017. Digitalisation, ecosystems, entrepreneurship and policy. Perspectives into Topical Issues Is Society and Ways to Support Political Decision Making. Government’s Analysis, Research and Assessment Activities Policy Brief. 20. Available from: https://tietokayttoon.fi/documents/1927382/2116852/20_2017_D igitalisation%2C+ecosystems%2C+entrepreneurship+and+policy/6 b383210-70de-491f-b0df-38de52699458?version=1.0

12.

2017. IMD World Digital Competitiveness Yearbook 2017 Results. Switzerland: International Institute for Management Development. Available from: http://www.imd.org/wcc/world-competitiveness-center-rankings /world-digital-competitiveness-rankings-2017/