Prospectus

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Economy: Russia and Eurasia

Course
2022-2023

Admission requirements

This course is only available for students in the BA International Studies programme.
Limited places are also open for exchange students.
Please note: this course takes place in The Hague. Traveling between University buildings from Leiden to The Hague may take about 45 minutes.

Description

This course aims to acquaint students with the economic realities of Russia and Eurasia in the twenty-first century and, for those who are already knowledgeable, to help them dive deeper. The principal focus is contemporary, i.e., on the Russian Federation’s hybrid, statist-capitalist system as it has evolved since Putin came to power in 2000, and on the international political economy of the wider post-Soviet space as a whole. Throughout the course, we will investigate and interrogate the Soviet legacy, and ask to what extent today’s Russia is distinctive or merely representative of mainstream global realities. Special attention will be paid to topics at the intersection between state, society, and economy – such as the reforms, privatization and virtual economy of the 1990s in Russia; the reconstitution of a statist economic policy and the role of oligarchs in Russian state capitalism; the role of resource (oil and gas) rents in the Russian economy and of energy politics in the region as a whole; questions of corruption and informality in Russia and other regional economies; and recent attempts to reconstitute an economic union in parts of the post-Soviet space. The course will also reflect on the future prospects of the economies of Russia and Eurasia, especially in light of the challenges of recent economic sanctions, climate change, and a potential global energy transition.

Course objectives

Students have:

  • Acquired an overview of the historical and contemporary economic developments and political economy dynamics in their chosen area and deepened their existing knowledge and understanding of different economic systems, economic institutions, economic processes and actors in the different regions / countries of the region, using the concepts acquired during the courses Principles of Economics and Foundations of Political Economy.

  • Been acquainted with academic debates on selected topics in the specific region.

Timetable

Visit MyTimetable.

Mode of instruction

Lectures

Lectures are held every week, with the exception of the midterm exam week. Weekly lectures will cover issues both inside and outside the readings.

Tutorials

Tutorials are held once every three weeks, with the exception of the midterm exam week. Attending all tutorial sessions is compulsory. If you are unable to attend a session, please inform your tutor in advance. Being absent at more than one of the tutorial sessions will result in a lowering of your tutorial grade (40% of the end grade) with 1 point for each session missed after the first session. Please note that being absent at any tutorial session may have a negative impact on the grade of the assignment due for that particular tutorial session. This is at the discretion of the tutor.

Assessment method

Assessment

  • Midterm Exam:
    Written examination with short open questions.

  • Final Exam:
    Written examination with short open questions.

Weighing

Partial grade Weighing
Tutorials 40%
Midterm Exam 30%
Final Exam 30%

End Grade

To successfully complete the course, please take note of the following:

  • The end grade of the course is established by determining the weighted average of Tutorial grade, Midterm Exam grade, and Final Exam grade.

  • The weighted average of the Midterm Exam grade and the Final Exam grade needs to be 5.5 or higher.

  • This means that failing Exam grades cannot be compensated with a high Tutorial grade.

Resit

If the end grade is insufficient (lower than a 6.0), or the weighted average of Midterm- and Final Exams is lower than 5.5, there is a possibility of retaking the full 60% of the exam material, replacing both the earlier Midterm- and Final Exam grades. No resit for the tutorial is possible.
Please note that if the Resit Exam grade is lower than 5.5, you will not pass the course, regardless of the tutorial grade.

Retaking a passing grade

Please consult the Course and Examination Regulations 2022 – 2023.

Exam review and feedback

How and when an exam review will take place will be disclosed together with the publication of the exam results at the latest. If a student requests a review within 30 days after publication of the exam results, an exam review will have to be organised.

Reading list

To be announced.

Registration

Contact

Remarks

All other information.