A masters refers to the completion of a graduate study program that prepares students to further their knowledge of a specific subject or advance their careers. The majority of masters are granted by state or public universities.
Aside from the distinguishing between microeconomics and macroeconomics, students who are studying economics must also learn the difference between positive economics and normative economics. The former deals with that which is, while the later deals with that which ought to be. Other distinguishing characteristics include economic theory and applied economics.
Russia or, also officially known as the Russian Federation, is a country in northern Eurasia. Education in Russia is provided predominantly by the state and is regulated by the Ministry of Education and Science. In Russia, it takes about 70 % of training time for the contact lessons with a teacher, the rest 30 % of the workload are devoted to the independent study of the material.
Kaliningrad City is situated in an area that was formally the settlement of the ancient Old Prussian. The city has over 400,000 residents. Kaliningrad city has several architectural attractions, monuments, and museums.
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The period of study specified by the Federal State Educational Standards of Higher Education is 2 years. The study load of the bachelor’s programme specified by the Federal State Educational Standards of Higher Education is 120 ECTS points. [+]