Programmes
China's Economy

2021-02-28 20:13:33

Term:Spring

Course Code:sd00232640

Campus:Main Campus

Academic Organization:Economics

Prerequisites:Microeconomics & Macroeconomics, International Economics

Credit:2(32 teaching hours)

Course Components:Lectures Required

Course Note:Required for economics student

Optional for finance student

Course Description:

This courseaims to promote students in understanding of selected features of China’s economy, such as economic growth and fluctuations, financial market, import & export and FDI & OFDI. Through the lenses ofboth classic and state-of-the-art economic theories, students will learn the working of the Chinese economy at both macro and international levels. Based on this, students will be able to applyeconomic theories to solve economic problems in China.

The module will be delivered in two sets of lectures, first on the Chinese macroeconomy and government policy, and second on international trade and capital flow. The first set of lectures will focus on the unique features of China’s economic growth in the long-run and business cycles in the short-run. Some puzzles involved in these features will be identified and discussed, and fiscal, monetary and trade policies will be evaluated in the context of the Financial Crisis and the trade war between China and US. The second set of lectures will discuss about foreign investment, international trade, trade in intermediate goods and globalization. Students are required not only to know the basic concepts and theories in international economics and trade, but also to be able to apply these theories to analyze China specific problems, taking history, institutions and policy into account.

Various teaching methods will be used at class, such as teacher-centered, students-centered, and both participation. Upon the completion of this course, students should be able to think critically about theories and apply them to China’s real world economic issues. This will build a solid and useful foundation for those who seek ...