Acerca de este curso: In 1978, after nearly 30 years of socialist planning under Mao Zedong, China was one of the world’s poorest countries, saddled with an inefficient, inward-looking economy. Today, China is an upper-middle income country and the world’s largest trading nation, contributing more to global economic growth than any other nation. How could such a remarkable transformation take place? This course will examine in detail the reforms that have contributed to China’s economic development and the current challenges facing the Chinese economy. After completing this course, you will be able to: - describe the origin and consequences of China’s key economic reforms since 1978; - explain how features of China’s fiscal and financial systems have impacted development outcomes; - assess the extent to which China has integrated itself into the global economy and the consequences of such integration for China and other countries; - explain the importance of different sources of economic growth during different periods since 1978; and - critically assess the economic and policy challenges facing China going forward. This course does not offer certificate at the moment. Course Overview video: https://youtu.be/YBkhpvWUoIw
Para quién es esta clase: This course is for anyone who is interested in deepening his/her understanding of the Chinese economy. There is no prerequisites. However some familiarity with basic economic principles is recommended, for example having taken an introductory economics course (microeconomics or macroeconomics).
Enseñado por: Albert Park, Director of the Institute for Emerging Market Studies, Chair Professor of Social Science and Professor of Economics
| Compromiso | 6 weeks of study, 2-3 hours/week |
| Idioma | English |
| Cómo aprobar | Aprueba todas las tareas calificadas para completar el curso. |
| Calificaciones del usuario |
- Vídeo: Course Overview
- Reading: Assignments and Grading
- Discussion Prompt: Discussion: Meet and Greet
- Vídeo: 1.1 China’s Gradualist Reforms – An Introduction
- Vídeo: 1.2 Institutional Change – A Framework
- Vídeo: 1.3 Reform Overview
- Vídeo: 1.4 Decollectivization of Agriculture
- Vídeo: 1.5 The Rise and Fall of Township and Village Enterprises (TVEs)
- Vídeo: 1.6 The Problem of State-owned Enterprises
- Vídeo: 1.7 China’s Gradualist Reforms – Module Summary
- Discussion Prompt: Module 1 Discussion
- Reading: Module 1 Course Reading
- Reading: Module 1 Lecture References
- Vídeo: 2.1 Fiscal and Financial System Reform – An Introduction
- Vídeo: 2.2 Fiscal Decentralization: Pros and Cons
- Vídeo: 2.3 Reforming the Fiscal System
- Vídeo: 2.4 The Soft Budget Constraint
- Vídeo: 2.5 Reforming the Financial System
- Vídeo: 2.6 Shadow Banking: Threat or Opportunity?
- Vídeo: 2.7 Fiscal and Financial System Reform – Module Summary
- Discussion Prompt: Module 2 Discussion
- Reading: Module 2 Course Reading
- Reading: Module 2 Lecture References
- Vídeo: 3.1 Globalization: Trade and Foreign Direct Investment – An Introduction
- Vídeo: 3.2 International Trade: Performance and Policies
- Vídeo: 3.3 Trade and Development
- Vídeo: 3.4 Foreign Direct Investment
- Vídeo: 3.5 Foreign Direct Investment – Firm Visits in China
- Vídeo: 3.6 China’s Outbound Foreign Direct Investment
- Vídeo: 3.7 China’s Outbound FDI – An Expert Discussion
- Vídeo: 3.8 Internationalization of the Renminbi
- Vídeo: 3.9 Internationalization of the Renminbi – An Expert Discussion
- Vídeo: 3.10 Globalization: Trade and FDI – Module Summary
- Discussion Prompt: Module 3 Discussion
- Reading: Module 3 Course Reading
- Reading: Module 3 Lecture References
- Vídeo: 4.1 Economic Growth and Structural Change – An Introduction
- Vídeo: 4.2 Sources of Growth
- Vídeo: 4.3 Structural Change
- Vídeo: 4.4 Resource Misallocation
- Vídeo: 4.5 Productivity Growth
- Vídeo: 4.6 Economic Growth and Structural Change – Module Summary
- Discussion Prompt: Module 4 Discussion
- Reading: Module 4 Course Reading
- Reading: Module 4 Lecture References
- Vídeo: 5.1 Governance and Current Challenges – An Introduction
- Vídeo: 5.2 China’s Governance Puzzle
- Vídeo: 5.3 Incentivizing Local Leaders
- Vídeo: 5.4 Economic Challenges
- Vídeo: 5.5 Rebalancing Growth
- Vídeo: 5.6 Challenge of Rising Wages
- Vídeo: 5.7 Challenge of Rising Wages – Firm Visits in China
- Vídeo: 5.8 Governance and Current Challenges – Module Summary
- Vídeo: 5.9 Economic Reform and Growth in China – Conclusion
- Discussion Prompt: Module 5 Discussion
- Reading: Module 5 Course Reading
- Reading: Module 5 Lecture References
- Practice Quiz: Post-course Survey
- Reading: Rate this course
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Great introduction to how China's economy operates and its development path since Deng Xiaoping's reforms. The lectures are well produced and engaging. They are supported with careful citations and supplemented by reading assignments that anyone can access, meaning you don't need subscriptions to any journals in order to get the articles. The lectures are also supported with excellent visualizations created by the professor himself using great data sources like databases from the World Bank and surveys that he himself had a hand in designing and conducting.
To get the most out of this course I agree that some background in economic theory is necessary, but it's definitely possible to pass it with a good grade even if you've never taken an Economics class before. I also think some previous knowledge and interest in modern China and its history is necessary for a deeper appreciation too. But this is also unnecessary to pass the course, and this course could actually be a gateway to these subjects to people with no previous knowledge of these subjects.
I enjoyed this course tremendously, and discovered that there was a vast amount of information that I needed to learn about this SuperPower. China is an amazing country with an enormous population and economy, a history of remarkable achievement, and yet still unknown in many ways. Thanks for putting this course together.
The best online course of economic that I have ever done. All the material, lectures and exams well prepared and contributed a lot for my professional development. I strongly recommend this course.