Year of entry: 2022
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Course unit details:
The Chinese Economy
|Unit level||Level 3|
|Teaching period(s)||Semester 2|
|Available as a free choice unit?||Yes|
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.
|Unit title||Unit code||Requirement type||Description|
|Principles of Microeconomic Theory 1: Consumers, Welfare, Production and Costs||ECON10171||Pre-Requisite||Compulsory|
|Macroeconomic Analysis 1||ECON10181||Pre-Requisite||Compulsory|
(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)
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.
On completion of this course, successful students will be able to:
- Gain an understanding of Chinese economic history.
- Explore the degree and characteristics of China’s transition and economic development.
- Identify the major economic problems China is facing today and consider potential solutions.
Be familiar with and have a clear understanding of the current hot discussions about China.
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
Synchronous activities (such as Lectures or Review and Q&A sessions, and tutorials), and guided self-study
- 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.
- Independently locate and assess relevant literature, and to draw on these to develop understanding and to construct arguments.
- Manage time and work to deadlines.
10% In-Term Tests x 2 (5% each).
90% Final Exam
- Tutorial discussion.
- Revision sessions.
- Office hours.
- Discussion boards.
- 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.
|Xiaobing Wang||Unit coordinator|
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