World economy and possibilities of classifying countries. Assessment of the level of economic development of European countries and determination of future trends. Peculiarities of economic development of different groups of countries.
Key learning outcomes:
The aim is to introduce students to the economic development models of European countries, economic development trends and methods for assessing the economic development of countries.
Tasks:
• understand and be able to analyze the factors influencing economic development;
• understand the goals of national economic policies and ongoing reforms, be able to assess the impact of economic policies on economic development;
• be able to compare European countries according to their levels of economic development and assess the main advantages and obstacles to national competitiveness.
Riga Technical University (RTU) is Latvia’s oldest and largest technical university, founded in 1862. Located in the heart of Riga, RTU is a leading center for engineering, science, and innovation in the Baltic region. It offers modern, internationally recognized study programs and actively promotes research, sustainability, and collaboration across Europe through initiatives like EUT+.
