Module description: China’s Economic Development
Name of Module
China’s Economic Development
5 ECTS credits
Lecture (2 hours/week) and tutorial (1 hour/week): 5 ECTS
The course provides a comprehensive overview of the main past and present issues of the Chinese economy from a macroeconomic perspective through the following topics:
- Basic Facts & Economic History
- Administrative and Political System
- Socialist Period & Reform Approach (1949 – present)
- China’s Economic Growth – Past, Present and Future
- China and the World Economy
- Monetary System and Policy
- Financial System & Developments
- Financial System & Imbalances
The tutorials will be flexibly used for repetition, questions, preparation for the exam, discussions of current events in China, and critical discussions of (expert) opinions expressed in scientific publications, blogs, and other media.
Learning objectives and skills
- acquire a sound understanding of the economic structure and the main factors driving economic growth in China.
- learn to analyse the problems inherent to economic transition and encounter approaches to mitigate and to solve them.
- develop skills to critically reflect on economic imbalances and unsustainable developments in the course of economic maturing.
- apply the gained skills to elaborate on and to take part in a critical discussion about specific issues related to economic development in the course of the tutorial.
Basic macroeconomic knowledge and mathematical basics are recommended
Integration in curriculum
First semester (winter term)
Regional, elective, or elective complementary module in: M.A. Development Economics and International Studies
Method of examination
Written exam (60 minutes)
Written exam: 100%
Every winter semester
Failed exams can be retaken twice
- Attendance: 45 hours
- Self-study: 105 hours
Teaching and examination
- Barry Naughton (2007): The Chinese Economy. MIT Press
- Barry Naughton; Kellee S. Tsai (2015): State Capitalism, Institutional Adaptation, and the Chinese Miracle. Cambridge University Press.