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<course>
  <academic-career-val type="integer">3</academic-career-val>
  <assumed-knowledge-and-required-skills></assumed-knowledge-and-required-skills>
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  <consent-description></consent-description>
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  <corequisites></corequisites>
  <cost-considerations></cost-considerations>
  <course-code>IDEC8021</course-code>
  <course-description>&lt;!--[if gte mso 9]&gt;&lt;xml&gt;     Normal   0         false   false   false                             MicrosoftInternetExplorer4   &lt;/xml&gt;&lt;![endif]--&gt;&lt;!--[if gte mso 9]&gt;&lt;xml&gt;     &lt;/xml&gt;&lt;![endif]--&gt;&lt;!--[if !mso]&gt;&lt;object  classid="clsid:38481807-CA0E-42D2-BF39-B33AF135CC4D" id=ieooui&gt;&lt;/object&gt; &lt;style&gt; st1\:*{behavior:url(#ieooui) } &lt;/style&gt; &lt;![endif]--&gt;  &lt;!--[if gte mso 10]&gt; &lt;style&gt;  /* Style Definitions */  table.MsoNormalTable 	{mso-style-name:"Table Normal"; 	mso-tstyle-rowband-size:0; 	mso-tstyle-colband-size:0; 	mso-style-noshow:yes; 	mso-style-parent:""; 	mso-padding-alt:0in 5.4pt 0in 5.4pt; 	mso-para-margin:0in; 	mso-para-margin-bottom:.0001pt; 	mso-pagination:widow-orphan; 	font-size:10.0pt; 	font-family:"Times New Roman"; 	mso-ansi-language:#0400; 	mso-fareast-language:#0400; 	mso-bidi-language:#0400;} &lt;/style&gt; &lt;![endif]--&gt;  &lt;p&gt;In the thirty years since China started on the path of reform in the late 1970s, it has emerged as one of the largest and most dynamic economies in the world. There has been keen interest in what have been achieved in China and more importantly what lies ahead for such a significant economy player in the world economy. This course examines China&amp;#39;s successful experiences and lessons learned from the standpoints of economic transformation, open macroeconomics and economic development. &lt;/p&gt;    &lt;p&gt;First, the course discusses the transformation of the Chinese economy from a centrally-planned to a market one by highlighting the key differences between a planned and market economy, the sequencing of reform, and the importance of carrying out ownership reform and building market-compatible institutions.&lt;/p&gt;    &lt;p&gt;Second, the course examines the macroeconomic dimension of economic transformation by looking at the importance of maintaining macroeconomic stability in the process of reform and liberalisation (including both current and capital account liberalisaion), the key sources of and factor contributions to economic growth in China, and the formation and implementation of China&amp;#39;s exchange rate policy.&lt;/p&gt;    &lt;p&gt;Third, the course analyses the development experience of Chinese transformation by covering issues such as urbanisation, income distribution, labour market development, regional development, financial sector reform, international trade (WTO), China&amp;#39;s rapid industrialisation and its increasing demand for energy and mineral resources, and environment.&lt;/p&gt;    Finally, the course discusses some of the driving forces that have had an impact on China&amp;#39;s growth path and offers some in-depth analyses as to how China could confront the challenges in ensuring its future growth is both equitable and sustainable.  </course-description>
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  <eligibility></eligibility>
  <filled-flag type="integer">1</filled-flag>
  <first-year-course type="boolean">false</first-year-course>
  <id type="integer">11957</id>
  <incompatibility></incompatibility>
  <indicative-assessment>&lt;!--[if gte mso 9]&gt;&lt;xml&gt;     Normal   0         false   false   false                             MicrosoftInternetExplorer4   &lt;/xml&gt;&lt;![endif]--&gt;&lt;!--[if gte mso 9]&gt;&lt;xml&gt;     &lt;/xml&gt;&lt;![endif]--&gt;  &lt;!--[if gte mso 10]&gt; &lt;style&gt;  /* Style Definitions */  table.MsoNormalTable 	{mso-style-name:"Table Normal"; 	mso-tstyle-rowband-size:0; 	mso-tstyle-colband-size:0; 	mso-style-noshow:yes; 	mso-style-parent:""; 	mso-padding-alt:0in 5.4pt 0in 5.4pt; 	mso-para-margin:0in; 	mso-para-margin-bottom:.0001pt; 	mso-pagination:widow-orphan; 	font-size:10.0pt; 	font-family:"Times New Roman"; 	mso-ansi-language:#0400; 	mso-fareast-language:#0400; 	mso-bidi-language:#0400;} &lt;/style&gt; &lt;![endif]--&gt;  &lt;p&gt;Research essay of 20 pages&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;40 per cent&lt;/p&gt;  &lt;p&gt;Verbal presentation&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 10 per cent&lt;/p&gt;  Final exam&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 50 per cent  </indicative-assessment>
  <indicative-reading-list></indicative-reading-list>
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  <is-public type="integer">1</is-public>
  <learning-outcomes>&lt;!--[if gte mso 9]&gt;&lt;xml&gt;     Normal   0         false   false   false                             MicrosoftInternetExplorer4   &lt;/xml&gt;&lt;![endif]--&gt;&lt;!--[if gte mso 9]&gt;&lt;xml&gt;     &lt;/xml&gt;&lt;![endif]--&gt;  &lt;!--[if gte mso 10]&gt; &lt;style&gt;  /* Style Definitions */  table.MsoNormalTable 	{mso-style-name:"Table Normal"; 	mso-tstyle-rowband-size:0; 	mso-tstyle-colband-size:0; 	mso-style-noshow:yes; 	mso-style-parent:""; 	mso-padding-alt:0in 5.4pt 0in 5.4pt; 	mso-para-margin:0in; 	mso-para-margin-bottom:.0001pt; 	mso-pagination:widow-orphan; 	font-size:10.0pt; 	font-family:"Times New Roman"; 	mso-ansi-language:#0400; 	mso-fareast-language:#0400; 	mso-bidi-language:#0400;} &lt;/style&gt; &lt;![endif]--&gt;  &lt;p&gt;On completion of this unit you should be able to:&lt;/p&gt;    &lt;ul&gt;&lt;li&gt;demonstrate a sound      understanding of the theoretical principles and conceptual arguments for      economic transformation&lt;/li&gt;&lt;/ul&gt;    &lt;ul&gt;&lt;li&gt;demonstrate a clear      understanding of the theories and arguments for maintaining macroeconomic      stability in economic transformation&lt;/li&gt;&lt;/ul&gt;    &lt;ul&gt;&lt;li&gt;articulate how the      theories of economic development could be applied in analysing the process      of economic transformation&lt;/li&gt;&lt;/ul&gt;    &lt;ul&gt;&lt;li&gt;demonstrate the      capacity to carry out independent research on a topic relating to the      Chinese economy or other transition economies&lt;/li&gt;&lt;/ul&gt;    &lt;ul&gt;&lt;li&gt;use appropriate verbal      communication skills to present your research.&lt;/li&gt;&lt;/ul&gt;    &lt;!--[if gte mso 9]&gt;&lt;xml&gt;     Normal   0         false   false   false                             MicrosoftInternetExplorer4   &lt;/xml&gt;&lt;![endif]--&gt;&lt;!--[if gte mso 9]&gt;&lt;xml&gt;     &lt;/xml&gt;&lt;![endif]--&gt;  &lt;!--[if gte mso 10]&gt; &lt;style&gt;  /* Style Definitions */  table.MsoNormalTable 	{mso-style-name:"Table Normal"; 	mso-tstyle-rowband-size:0; 	mso-tstyle-colband-size:0; 	mso-style-noshow:yes; 	mso-style-parent:""; 	mso-padding-alt:0in 5.4pt 0in 5.4pt; 	mso-para-margin:0in; 	mso-para-margin-bottom:.0001pt; 	mso-pagination:widow-orphan; 	font-size:10.0pt; 	font-family:"Times New Roman"; 	mso-ansi-language:#0400; 	mso-fareast-language:#0400; 	mso-bidi-language:#0400;} &lt;/style&gt; &lt;![endif]--&gt;      </learning-outcomes>
  <lock-version type="integer">0</lock-version>
  <long-title>The Chinese Economy</long-title>
  <max-units type="integer">6</max-units>
  <min-units type="integer">6</min-units>
  <other-information>&lt;p&gt;&lt;strong&gt;Delivery Mode:&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;On Campus &lt;/p&gt;</other-information>
  <preliminary-reading></preliminary-reading>
  <prescribed-texts>&lt;!--[if gte mso 9]&gt;&lt;xml&gt;     Normal   0         false   false   false                             MicrosoftInternetExplorer4   &lt;/xml&gt;&lt;![endif]--&gt;&lt;!--[if gte mso 9]&gt;&lt;xml&gt;     &lt;/xml&gt;&lt;![endif]--&gt;  &lt;!--[if gte mso 10]&gt; &lt;style&gt;  /* Style Definitions */  table.MsoNormalTable 	{mso-style-name:"Table Normal"; 	mso-tstyle-rowband-size:0; 	mso-tstyle-colband-size:0; 	mso-style-noshow:yes; 	mso-style-parent:""; 	mso-padding-alt:0in 5.4pt 0in 5.4pt; 	mso-para-margin:0in; 	mso-para-margin-bottom:.0001pt; 	mso-pagination:widow-orphan; 	font-size:10.0pt; 	font-family:"Times New Roman"; 	mso-ansi-language:#0400; 	mso-fareast-language:#0400; 	mso-bidi-language:#0400;} &lt;/style&gt; &lt;![endif]--&gt;A reading brick including key references will be provided.  </prescribed-texts>
  <progress-units type="integer">6</progress-units>
  <quota></quota>
  <recommended-courses>&lt;!--[if gte mso 9]&gt;&lt;xml&gt;     Normal   0         false   false   false                             MicrosoftInternetExplorer4   &lt;/xml&gt;&lt;![endif]--&gt;&lt;!--[if gte mso 9]&gt;&lt;xml&gt;     &lt;/xml&gt;&lt;![endif]--&gt;  &lt;!--[if gte mso 10]&gt; &lt;style&gt;  /* Style Definitions */  table.MsoNormalTable 	{mso-style-name:"Table Normal"; 	mso-tstyle-rowband-size:0; 	mso-tstyle-colband-size:0; 	mso-style-noshow:yes; 	mso-style-parent:""; 	mso-padding-alt:0in 5.4pt 0in 5.4pt; 	mso-para-margin:0in; 	mso-para-margin-bottom:.0001pt; 	mso-pagination:widow-orphan; 	font-size:10.0pt; 	font-family:"Times New Roman"; 	mso-ansi-language:#0400; 	mso-fareast-language:#0400; 	mso-bidi-language:#0400;} &lt;/style&gt; &lt;![endif]--&gt;Microeconomics, macroeconomics, and international economics  </recommended-courses>
  <requisite-statement></requisite-statement>
  <restricted-program-entry type="integer" nil="true"></restricted-program-entry>
  <short-title>The Chinese Economy</short-title>
  <student-contribution-band>Band 2</student-contribution-band>
  <subject>International and Developmental Economics</subject>
  <technology-requirements></technology-requirements>
  <updated-by nil="true"></updated-by>
  <version type="integer" nil="true"></version>
  <workload>&lt;!--[if gte mso 9]&gt;&lt;xml&gt;     Normal   0         false   false   false                             MicrosoftInternetExplorer4   &lt;/xml&gt;&lt;![endif]--&gt;&lt;!--[if gte mso 9]&gt;&lt;xml&gt;     &lt;/xml&gt;&lt;![endif]--&gt;  &lt;!--[if gte mso 10]&gt; &lt;style&gt;  /* Style Definitions */  table.MsoNormalTable 	{mso-style-name:"Table Normal"; 	mso-tstyle-rowband-size:0; 	mso-tstyle-colband-size:0; 	mso-style-noshow:yes; 	mso-style-parent:""; 	mso-padding-alt:0in 5.4pt 0in 5.4pt; 	mso-para-margin:0in; 	mso-para-margin-bottom:.0001pt; 	mso-pagination:widow-orphan; 	font-size:10.0pt; 	font-family:"Times New Roman"; 	mso-ansi-language:#0400; 	mso-fareast-language:#0400; 	mso-bidi-language:#0400;} &lt;/style&gt; &lt;![endif]--&gt;  &lt;p&gt;A two-hour lecture and one hour tutorial per week for 13 weeks&lt;/p&gt;  Office hours run from 2 to 4 pm on Friday afternoon.  </workload>
  <year type="integer">2010</year>
</course>
