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BAEcon Economics and Finance / Course details

Year of entry: 2021

Course unit details:
The Chinese Economy

Unit code ECON30102
Credit rating 10
Unit level Level 3
Teaching period(s) Semester 2
Offered by Economics
Available as a free choice unit? Yes

Overview

The aims of this course are: (i) to provide an overview of the Chinese economy; (ii) to discuss the different perspectives on the current issues of the Chinese economy; (iii) to evaluate the problems and potentials of Chinese economy; (iv) to familiarise students with the economic/business environment in China; (v) to apply economic theories to a real economy.

Pre/co-requisites

Unit title Unit code Requirement type Description
Microeconomics 1 ECON10221 Pre-Requisite Compulsory
Macroeconomics 1 ECON10252 Pre-Requisite Compulsory
Microeconomics 1 ECON10331 Pre-Requisite Compulsory
Macroeconomics 1 ECON10241 Pre-Requisite Compulsory
Microeconomic Analysis 1 ECON10171 Pre-Requisite Compulsory
Macroeconomic Analysis 1 ECON10181 Pre-Requisite Compulsory
(ECON10221 and ECON10252) or (ECON10331 and ECON10241) or (ECON10171 and ECON10181)

(ECON10221 Micro 1 and ECON10252 Macro 1) or (ECON10331 Micro 1 and ECON10241 Macro 1) or (ECON10171 Micro Analysis 1 and ECON10181 Macro Analysis 1)

Aims

The aims of this course are:

1.     To provide an overview of the Chinese economy.

2.     To discuss the different perspectives on the current issues of the Chinese economy.

3.     To evaluate the problems and potentials of Chinese economy.

4.     To familiarise students with the economic/business environment in China.

5.     To apply economic theories to a real economy.

Learning outcomes

On completion of this course, successful students will be able to:

  1. Gain an understanding of Chinese economic history.
  2. Explore the degree and characteristics of China’s transition and economic development.
  3. Identify the major economic problems China is facing today and consider potential solutions.
  4. Be familiar with and have a clear understanding of the current hot discussions about China.
     

Syllabus

Topic 1: Chinese Economic History before 1949.

Topic 2: Economic Development from 1949 to 1978 and the Reforms since 1978.

Topic 3: International Trade.

Topic 4: Banking and Financial System in China.

Topic 5: Income Distribution in China.

Topic 6: Labour Market in China.

Topic 7: Growth Accounting and Growth Potential.

Teaching and learning methods

Lectures and exercise classes.

Employability skills

Analytical skills
Skills of analysis, and the application of analytical models. The evaluation and critical analysis of arguments, theories and policies. Synthesise and evaluate data.
Research
Independently locate and assess relevant literature, and to draw on these to develop understanding and to construct arguments.
Other
Manage time and work to deadlines.

Assessment methods

  • In-Class Tests (10%).
  • Final Exam (90%).
     

Feedback methods

  • Tutorial discussion.
  • Q&As.
  • Revision sessions.
  • Office hours.
  • Discussion boards.

Recommended reading

  • Naughton, Barry., (2007), The Chinese Economy: Transitions and Growth, Cambridge, Mass.: MIT Press.
  • Lin, Justin Yifu., (2011), Demystifying the Chinese Economy, Cambridge, Cambridge University Press.
     

Study hours

Independent study hours
Independent study 0

Teaching staff

Staff member Role
Xiaobing Wang Unit coordinator

Additional notes

For every 10 course unit credits we expect students to work for around 100 hours. This time generally includes any contact times (online or face to face, recorded and live), but also independent study, work for coursework, and group work. This amount is only a guidance and individual study time will vary

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