An open lecture class was held at the Samarkand branch of the Tashkent State University of Economics.
"World economy and its economy" from the subject "World economy and its evolution. An open lecture was held on the topic "International economic integration and international currency relations". In the lesson, the evolution of the world economy, which has been developing until today, was explained with the help of models of trends in its development and real examples.
The following concepts were described as keywords focused on in the lecture: International division of labor, International finance, U. Rastau's theory, International capital migration, International labor migration, International currency markets, Globalization, Balance of payments, Foreign trade. , Protectionism.
International division of labor is the level of socio-territorial division of labor between countries. It is based on the specialization of production of individual countries.
The world financial market is a set of market relations that ensure the accumulation and distribution of capital resources between countries. In general, this concept refers to the interaction of the interests of the participants that make up the content of international financial agreements.
William Rostow created the theory of stages of economic growth in 1960 in his work "Stages of Economic Growth: A Non-Communist Manifesto". It distinguishes the following five stages of economic growth:
• traditional society;
• stage of creating conditions for growth;
• growth (shift, rise);
• stage of striving for maturity;
• period of high mass consumption.
International capital migration is the opposite movement of capital between different countries of the world economy, which brings additional income to the owners.
The balance of payments is a system of indicators summarizing the nature, structure and scale of interrelationships between the national and world economy in the form of value for a certain period.
Globalization of the world economy is the process of transformation of the world economy into a single market of goods, services, capital, labor and technology. This process began when the world economy began to form.
During the open lesson, international integration organizations were reviewed and their goals and objectives were approached.
The speaker spoke about the stages of Uzbekistan's membership in international economic organizations and the reforms being carried out
The lesson was conducted using pedagogical technologies. Students also took an active part in it. At the end of the lesson, the conclusions were summarized and the students were given appropriate tasks.