On December 18^th, 2018, at YSU Ijevan Branch Faculty of Economics, a seminar-discussion on RA monetary policy was held, conducted by the representatives of the Central Bank of Armenia, Head of Monetary Policy Department Vahagn Grigoryan, Director of Dilijan Training and Research Center Armen Nurbenkyan, Economist Arthur Ghalachakhyan of the Economic Research Department.

It was organized in partnership with the Director of Dilijan  Research Center Armen Nurbenkyan and YSUIB Faculty of Economics, Student Scientific Society and Student Council.

During the  seminar-discussion, the essence of the policy of the Central Bank of Armenia was thoroughly discussed. It was noted that until 2006, the CB  aimed at monetary aggregates. Further research has shown that this method has many problems and low efficiency, so in 2006 the transition to inflation targeted.

Another item of discussion was the issue of unemployment in Armenia, the level of premium inflation, as well as public expectations of inflation. The summary of each quarterly survey revealed clearly that public expectations for inflation in 2001-2016 were high enough (about 65 percent of respondents had inflation expectations), and expectations of inflation in 2016-2018 are approaching 10 percent with some fluctuations.

The seimar-discussion was in an engaging and interactive atmosphere and the participants asked questions about not only monetary policy, but also  other sectors of  economy.

 On December 17th, 2018, within the framework of “Microeconomics” course, 3rd- year students of YSUIB Faculty of “Economics”, made a cognitive visit to Dilijan  Research and Training Center of the Central Bank of Armenia.

The students first visited the Museum of  Research and Training Center, got acquainted with the coins, statues of Alexander the Great, Artashesians, Cilicia, Armenian and other kingdoms, as well as 2018 issued third-generation banknotes.

The third-year students also participated in a lecture with interesting statistical materials, during which, they touched upon the CBA policy, paradigm change after the 2008 crisis and macro-prudential policy

On December 15^th, 2018, Academic Council Session was held at Ijevan branch of “Yerevan State University” Foundation headed by A. V. Tsutsulyan.

Agenda:

• Director’s report on YSUIB annual activities of 2017-2018 academic year (reporter: A. Tsutsulyan)

• Report on the results of Bachelor’s Admission of 2018 (Reporter: A. Davtyan)

• Report on the results of the survey of external stakeholders’ opinion on YSUIB interns (2017-2018)

(reporter: M.Chagharyan)

• Current Issues

• The issue of H. Vanyan’s participation,(PhD,lecturer of Armenian Language and Literature Department),in Associate Professor title awarding process.(Reporter, M. Atoyan).
• The issue of A. Sarhatyan’s participation,(PhD,lecturer of Armenian Language and Literature Department), in Associate Professor title awarding process.(Reporter, M. Atoyan).
• The issue of K. Poghosyan’s participation, (PhD, lecturer of Armenian Language and Literature Department),in Associate Professor title awarding process.(Reporter, M. Atoyan).
• The issue of G. Avetisyan’s participation, (PhD, lecturer of General Economics),in Associate Professor title awarding process.(Reporter, M. Atoyan).
• Report on YSUIB structural changes

(reporter: A. Tsutsulyan)

At  Academic Council Session, the director’s report on YSUIB activities of 2017-2018 academic year, and the activities of YSUIB of 2017-18, were evaluated as satisfactory.

The results of  bachelor’s degree admission of 2018  and the results of the survey of external stakeholders’ opinions on YSUIB interns (2017-2018 academic year) were taken into consideration.

Taking into account that the pedagogical activitites of candidates of philological sciences, H. Vanyan, K. Poghosyan, A. Sarhatyan, L.Tumanyan G. Avetisyan, PhD, lecturer of the Department of General Economics, are fully in line with the Government Decree of 2001, 2nd issue of the Decision N 615 “Awarding the title of associate professor” of the Republic of Armenia” as well as other normative documents on this issue, guided by subparagraph 16 of the point 21 of the regulation of Ijevan Branch of Yerevan State University and by the sub-point 16 of the Academic Council Regulation of  Ijevan Branch of  Yerevan State University,YSUIB Academic Council decided:

• Ensure for awarding the title of associate professor to the candidates of philological sciences, H. Vanyan, K. Poghosyan, A. Sarhatyan, L.Tumanyan Avetisyan, PhD, lecturer of the Department of General Economics

Apply to YSU Academic Council, for awarding the title of Associate Professor to the Candidates of Philological Sciences H. Vanyan, A. Sarhatyan, L. Tumanyan, K. Poghosyan and Associate Professor of the Department of General Economics of YSUIB, apply to the RA  Higher Qualification Commission with appropriate proposal.

At Academic Council Session, it was decided to present YSUIB project of structural changes for YSU Rector A. H. Simonyan’s approval.