The field of political economy can cover the impact of governmental regulations on every level of economics from a worldwide perspective to individual consumerism. Students may also study the historical and social significance of this discipline to understand how markets are influenced by public policy as globalization continues to trend.

Russia (Russian: Россия) is by far the largest country in the world, covering more than one-eighth of the Earth's inhabited land area. The former State Committee for Higher Education in Russia financed 240 universities, academies and institutes, making Russia a solid country to study in.