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ECONOMICS 455 Economic Development in China University of Michigan ...

Source: www-personal.umich.edu
Topic: Economic Development

Sort Desciption: This course is an introductory survey course of economic development in China with ... How Do Institutions Determine the Path of Economic Development? ...

Content Inside: ECONOMICS 455 Economic Development in China University of Michigan Fall 2004 Course Description Contact Information and Office Hours Instructor: Albert Park Associate Professor Department of Economics Office: Lorch Hall Room 365A Tel: 764-2363 (office) Email: alpark@umich.edu Office Hrs.: Tuesdays 2:30-5:00 Course Content and Approach 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 quarter-century 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 and institutional changes that have shaped Chinas economic emergence. In this sense the course is very much a selected topics course with a broad range of topics covered. But a second and more important goal is to study the Chinese development experience in order to think critically about the process of economic and social development more generally. China's experiment with socialism and its efforts to reform into a more market-oriented system make it a particularly compelling case study for understanding how institutions and institutional change affect economic and social development. This perspective will provide many of the thematic links connecting the different sections of the course. While recognizing the importance of an interdisciplinary perspective my approach will emphasize the application of economic theories of incentives institutions markets and economic development. I will make an intentional effort to focus lectures and sections around controversial topics to stimulate thought and motivate discussion. Readings and Handouts There is one required book: Nicholas Lardys Integrating China into the Global Economy (Washington D ...

umich econ 455

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