GDBU1017
China and the New World Economy

GDBU1017
Course Code Offering Department(s) Units & Hours
GDBU1017 ECON (3,3,0)
Download the course syllabus

What is the course about?

GDBU1017 attempts to discuss the implication of the rise of China to the new world economy. As increasingly more analysts have pointed out that China will soon become another important nation that can rival the US, the course will focus on the implications of this rise. Questions such as what caused the rise of China, how sustainable is the rise, what are the impacts of this rise to African countries and how to deal with its economic relationships with the US will be thoroughly discussed in the lectures. The course will be concluded by looking into whether the rise of China will be peacefully or not. In order to deal with the above issues, concepts like opportunity cost, comparative advantages, property right theory, agency costs, domestic demand and exchange rate, etc. will be carefully explained. By and large, the course aims to train the students to comprehend how China will develop in the next few decades and how the international economic relationships will change over time.

Remarks:

Notes for all GE courses

  • You can take a maximum of 6 additional units of GE courses from any categories as electives.