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Course Syllabus2019 CNU International Summer SessionName of the Course Economics of Development in AsiaCredits(hours/day)3(3hrs/day)Name of the ProfessorChristopher GanCourse CodeECN3008OfficeAddressN/AE-mailChristopher.Gan@Lincoln.ac.nz DepartmentEconomicsCourse objectivesAt the completion of the course, successful students should be able to:? Understand the dynamics of development economics? Understand why environmental degradation and resource exhaustion are commonly associated with economic growth and development? Gain insights and knowledge about the causes and drivers behind the economic performance in Asia? Understand the salient features of economic growth and development in AsiaCourse summaryDevelopment has been one of the most lively and debatable topics in the Economics. Why are some countries rich and others poor? In a world composed of similar people, why is it that we live in relative comfort while about 1.4 billion people live on less than $1 a day? Why are there big disparities in income distribution globally? Does economic growth degrade our environment? These fundamental questions have been on the mind of economists for decades.Academic Support for Handicapped students- Visually handicapped students: provision of course related materials, note taking helper, permission to record the lecture.- Audibly handicapped students: provision of course related materials, note taking helper, permission to have e-learning lectures in sign language or shorthand.- Physically handicapped or mentally challenged students: provision of course related materials, note taking helper, permission to record the lecture.Any other requests that are considered necessary.Grade calculationMid-termFinalPractical / CourseworkAttendanceTotal25%25%40%10%100%※ If a student misses class more than three(3) times, the student will fail this class and receive the grade F for the entire class.※ According to Amendment No. 28, in case of handicapped students, the lecture-management and evaluation methods can be adjusted.Textbooks & ReferencesCategoryTitleAuthorPublisherYear of publicationMain textbookEconomic Development in AsiaMalcom Dowling and Ma. Rebecca ValenzuelaCengage Learning2010OthersSupplementary readings from journals and world news will be give out in class during lectures where relevantReferenceSee class materials and assignments Daily Course Schedule Day(3hrs)Lecture TopicHours per dayMethod of InstructionClass Materials & Assignments1Jun.25Introduction to Development Economics: An OverviewDevelopment economics, Measuring growth and development, New approaches to measuring economic development, and Comparisons between countries.3Lecture & DiscussionQuestion and Answer SessionRead Chapter 12Jun.27Growth and the Asian ExperienceUnderstanding growth, Growth theories, Asian growth miracle, and Policy matrix and economic performance in South Asia3Lecture & DiscussionQuestion and Answer SessionRead Chapter 2Paul Krugman, "The Myth of Asia's Miracle," Foreign Affairs 73 (November 1994), pp. 62-78.3Jun.28Global Financial Crisis and Recent DevelopmentsWhy did it happen? Post-crisis experience, lessons and prospects for the future, and Development in the new millennium3Lecture & DiscussionQuestion and Answer SessionRead Chapter 3Business Week, "21st Century Capitalism," Special Issue, 19944Jul. 1AgricultureAgriculture and economic growth, Agricultural transformation in Asia, Microeconomics of agriculture in Asia, Macroeconomics of agriculture, and Modernizing agriculture and rural welfare3Lecture & DiscussionQuestion and Answer SessionRead Chapter 45Jul. 2Industrialization and Structural ChangeIndustry as the a leading sector, A model of structural change, Backward and forward linkages, Aspects of industrial development, Efficiency issues, Foreign trade, Asian experience with industrialization, Role of innovation, A model of rural-urban migration and Role of government3Lecture & DiscussionQuestion and Answer SessionRead Chapter 5"The Fall of Big Business" and "Japanese Cars at Day," The Economist (April 17, 1993), pp. 13-14 and 61-62.6Jul. 4International Trade and InvestmentTheories of international trade, Trade experience of East Asia, Issues in trade, Institutional framework that facilitate trade, Asian experience in intra-industry and intraregional trade and Issues in international trade and balance of payments3Lecture & DiscussionQuestion and Answer SessionRead Chapter 6Robert E. Baldwin, "Are Economists' Traditional Trade Policy Views Still Valid?" Journal of Economic Literature 30 (June 1992), pp. 804-829.7Jul. 5MIDTERM EXAM3Examination8Jul. 8Savings and the Financial SystemSome saving models, Determinants of saving in Asia, Banking and the financial system, Financial liberalization in developing countries, The financial crisis of 1997 and Global financial crisis of 2008/2009, Informal finance3Lecture & DiscussionQuestion and Answer SessionRead Chapter 7Suduk Kim, “Currency Crisis in Korea–When and Why it Happened,” Asia-Pacific Financial Markets 7 (March 2000), pp. 11-30.Essay #1 Due9Jul. 9Poverty and Income DistributionMeasuring poverty and inequality, Trends in poverty and inequality, Unequal burden of poverty and What can be done?3Lecture & DiscussionQuestion and Answer SessionRead Chapter 910Jul. 11Human Resource Development: Education and Health Economics of education, Education in Asia, Education policy, Health and economic development, Public health policies and the Asian experience and HIV/AIDs in Asia3Lecture & DiscussionQuestion and Answer SessionRead Chapter 10Michael Graff, “Educational Imbalance, Socio-economic Inequality, Political Freedom, and Economic Development,” Journal of Economic Development 24 (December 1999), pp. 1-1811Jul. 12Globalization and the New EconomyWorld trends in globalization, Asia and globalization, Information technology and the “new economy” and Asia and the “new economy3Lecture & DiscussionQuestion and Answer SessionRead Chapter 1112Jul. 15The Environment, Sustainability and Development in AsiaEconomic of the environment, Market failure in environmental goods, Stare of the environment in Asia, and Promoting sustainable development in Asia3Lecture & DiscussionQuestion and Answer SessionRead Chapter 12Brown, Stephen P. A. "Global Warming Policy: Some Economic Implications," Economic Review, Federal Reserve Bank of Dallas, 4th quarter, 1998, 26 35.Essay #2 Due13Jul. 16Korean EconomyMiracle on Han RiverKorean Economy: Evolution of International Trade Policy and Challenges3Lecture & DiscussionQuestion and Answer SessionLeonardo L. Sta. Romana, “Some Lessons from Korea's Industrialization Strategy and Experience.” MPRA Paper No. 58250, April 2014, pp. 1-14.James Fontanella Khan, “The Miracle of the Han River,” South Korea eDossier, No 49. September/October 2013, pp. 1-314Jul. 18ConclusionsOutlook of East Asia Economy – Way Forward3SummaryQuestion and Answer SessionReview Final Exam15Jul. 19FINAL EXAM3Examination ................
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