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The article examines the tradition of teaching economic theory at Moscow University since the late 19th to the early 21st century through basic textbooks, which reflect the specificity, theoretical and practical problems of the corresponding historical periods. The narrative proposed shows the emergence of innovative textbooks that embody the breakthroughs in both the subject and method of economic theory and the methodology for its teaching. Apprehension of students and recognition of colleagues have become well-deserved attributes of manuals by A.I. Chuprov, N.A. Tsagolov and Yu.N. Cheremnykh. As well as many others, they absorbed, developed, and passed on from generation to generation the experience of teaching fundamental economic disciplines. Drawing on the «pendulum principle» widely used in the research of various intellectual thoughts, the authors show the main features of the new generation of textbooks that will be in demand by students and teachers shortly. While maintaining consistency in reflecting economic reality, the new manuals should meet the requirements of digital economy, such as fundamental and, at the same time, practical orientation of students. According to the authors, basic courses and textbooks on economic theory will be more interactive while their content expansion will occur due to behavioral aspects at both micro- and macrolevels. That will allow students to learn the principles of mainstream and alternative theoretical approaches to solving urgent practical problems.

The article examines the tradition of teaching economic theory at Moscow University since the late 19th to the early 21st century through basic textbooks, which reflect the specificity, theoretical and practical problems of the corresponding historical periods. The narrative proposed shows the emergence of innovative textbooks that embody the breakthroughs in both the subject and method of economic theory and the methodology for its teaching. Apprehension of students and recognition of colleagues have become well-deserved attributes of manuals by A.I. Chuprov, N.A. Tsagolov and Yu.N. Cheremnykh. As well as many others, they absorbed, developed, and passed on from generation to generation the experience of teaching fundamental economic disciplines. Drawing on the «pendulum principle» widely used in the research of various intellectual thoughts, the authors show the main features of the new generation of textbooks that will be in demand by students and teachers shortly. While maintaining consistency in reflecting economic reality, the new manuals should meet the requirements of digital economy, such as fundamental and, at the same time, practical orientation of students. According to the authors, basic courses and textbooks on economic theory will be more interactive while their content expansion will occur due to behavioral aspects at both micro- and macrolevels. That will allow students to learn the principles of mainstream and alternative theoretical approaches to solving urgent practical problems.

The article focuses on the implementation of the exchange rate policy of the Bank of Russia aimed to switch from the managed arrangement to floating under inflation targeting. It provides a theoretical framework of such policy with special regard to emerging countries. The main part of the article deals with the policy issues, which Russia has been facing within the western sanctions and oil price falling at the world market. It contains the analysis of risks, which countries implementing the switching to floating may be exposed to and which should be taken into account by government authorities. Special attention is paid to the measures of economic policy to minimize the risks. It is concluded that the switching to floating may be appropriate only in case of availability of a set of required conditions.

The paper deals with the method of teamwork projects in the courses of Microeconomics-3 and Macroeconomics-3 for graduate students at the Economic Faculty of Lomonosov Moscow State University. The purpose of this kind of work is to deepen the theoretical knowledge of students on relevant topics of modern micro- and macroeconomics based on acquaintance with the publications in their original language. The authors consider the organization, the procedure and the role of teamwork projects in training of graduate students and their familiarization with scientific research.

The authors consider Macroeconomics as a set of interrelateol research programmes which incorporates such schools of thought as Neoclassical, Keynesian, Neoclassical synthesis, Monetarism, New Classical and New Keynesian. This approach has a number of competitive advantages over a standard course and provides new opportunities for researchers, academics, entrepreneurs and students of economic theory.

The paper analyzes the Bank of Russia's policy during its transition to the floating exchange rate regime. We show that this transition logically follows the general regulation strategy towards price stability. After thorough study of reasons and consequences of the transition, we conclude that internal and external shocks to Russian economy in 2014 accelerated the shift to the flexible exchange rate. We emphasize the assessment of stabilization policy at the foreign exchange market.