Rental economy

Short-Term Programmes

Rental economy

The international special short-term program under the auspices of UNESCO, developed within the framework of promoting the export of educational services "Rental economy: theory and practice", aims to provide students with theoretical knowledge and practical skills in the field of Economics and organization of enterprises in the mineral sector.

The uniqueness of the program lies in the fact that the rental component of the national economy is, on the one hand, little studied but has a very large theoretical and practical significance for economic growth. Of particular importance is the correct understanding of the paradoxes of the negative impact on the efficiency of the economy of the very fact of the abundance of natural resources.

In the economies of countries rich in natural resources, so-called "resource traps" arise, also known as the "resource curse" and the "Dutch disease in the economy". These phenomena are closely related to rent-oriented behavior of economic entities, in particular, large vertically integrated companies and the state itself. The result of these factors ' impact on the economy is a lag in innovative development and low economic growth rates.

What are the reasons for these paradoxes ? Why do some countries fall into "commodity traps" while others do not? To what extent do these problems exist in the modern Russian economy ? How to deal with them ? What is the degree of effectiveness of the Russian system of withdrawal of rental income, how do mining companies develop in these conditions ? Students of the summer school will get answers to these and other questions on the topic "Rental Economics: theory and practice", as well as participate in the discussion of discussion questions during practical classes.

Target group
Undergraduate / Graduate / Postgraduate
Quantity of participants
From 10 to 20
B2 English level / Basic knowledge of the specifics
13 days
Summer School Programme
Cultural Programme
Residence hall
300 €
Main subjects
  • Introduction
  • Markets of factors of production
  • Rental economy: theoretical foundations
  • The essence and features of the rental economy
  • The value of natural rents in the Russian economy
  • The mechanisms for the redistribution of natural resource rents
How to enroll? Follow these steps
Choose the programme you are interested in
Make sure that you meet the requirements
Wait for the manager’s respond and follow the manager’s instructions