ECON 455 - The Economy of the People's Republic of China
Fall 2013, Section 001
Instruction Mode: Section 001 is (see other Sections below)
Subject: Economics (ECON)
Department: LSA Economics
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Waitlist Capacity:
Enforced Prerequisites:
ECON 401 completed with a grade of C- or better; or Graduate Standing.
May not be repeated for credit.
Rackham Information:
Rackham credit requires additional work.
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This course is an introductory survey course of economic development in China with emphasis on understanding the process of economic reform in mainland China since 1978. Over the past three decades China has been the fastest growing economy in the world and has emerged as major player in the global economy. One goal of the course is to help students develop an informed perspective on the different historical stages, economic and political rationale, and effectiveness of the economic policies or institutional changes that have shaped China’s economic emergence. A second goal is to study the Chinese development experience in order to think critically about the process of economic and social development more generally. Most leading components of the Chinese economy will be covered, including the rural sector and agriculture, modern industrialization, and the new service economy (with special emphasis on the financial sector). In addition to discussing traditional private enterprise and market evolution, we will examine the role of the state in detail, as well as the all-important role of the global economy in China’s growth experience. In addition to historical analysis, we will discuss China in the world today and its prospects for the next generation.

Required book: Barry Naughton’s The Chinese Economy: Transitions and Growth, The MIT Press, 2006. Apart from the textbook, lecture notes and additional readings will be posted on a course website.

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ECON 455 - The Economy of the People's Republic of China
Schedule Listing
001 (LEC)
 In Person
TuTh 2:30PM - 4:00PM
9/3/13 - 12/11/13

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