SYLLABUS OF WORLD ECONOMY
Instructor: Yuan Yiting
Office Phone: 15800605992
Email: yyt0102@hotmail.com
Office:821
REQUIRED TEXT
1. Contemporary World Economy, Bai Yuan, Renmin University of China Press
2. New Theory of the World Economy, Zhuang Qishan, FuDan University Press
3. Introduction to the World Economy, Chi Yuanji, Higher Education Press
4. Contemporary World Economics and Politics, Li Jingzhi, Renmin University of China Press
DESCRIPTION
The world today is an open world, with the production and the development of social and international exchanges and cooperation in trade, technology, and capital between countries is growing. Economics has become the world economic class, especially the international economy class students compulsory subjects.
This course introduces the integration of the world economy gradually formed in the decades since World War II, the political major changes in the field of multi-level and international competition, the focus has shifted to the reality of the overall competition between nations based on economic and technological strength.
OBJECTIVES
This course has a strong theoretical and political reality, students should achieve the following objectives:
Using the correct point of view to observe the world, to understand and grasp the trend of the evolution and development of the contemporary world economic relations, the basic pattern of the world economy and the basic characteristics.
To understand and knowledge of the status and role of a major international force in developed as well as developing countries in the world economy.
To understand and knowledge of the economic development of countries in transition; Contact the actual situation in China, recognize China's status and role, and lay a solid theoretical foundation is actively involved in the field of international economic exchanges and cooperation.
Class Attendance: 10%. Responsible attendance is expected of each individual enrolled in this course. I will make a sign-up sheet and record your attendance. If you miss a lecture you are responsible for obtaining any missed notes and/or handouts on your own unless you are officially excused.
Assignment: 20%. The students should finish the assignments such as key concepts, questions for review, problems and application in the related chapters, and hand in them on time.
Mid-term examination: 20%.There will be a mid-term examination during this semester. (please note the specific day and date listed in the calendar) The questions will come from chapter one to chapter four.
Final examinations: 50%. There will be a final examination during this semester. (please note the specific day and date listed in the calendar) The questions will come from the assigned reading material, the lecture notes, as well as class discussions and exercises.
COURSE ASSESSMENT
You may be officially excused from a class meeting for one of four reasons: (1) You have an illness that prevents you from attending class and a doctor's note to that effect; (2) You have a personal emergency like a death in the family and are either excused before class or can document the emergency afterwards; (3) You have a university sponsored obligation (participation in a sporting event or student organization sponsored project) and are excused before the examination or case presentation; or, (4) You have the absence officially excused in writing by the Dean of Economics & Management.
COURSE CONTENTS
Chapters | Class Hours | |
Week 1 | Chapter 1 Contemporary world economy and its development 1.1 Fundamental elements of the contemporary world 1.2 Historical review of the world economy | 3 |
Week 2 | Chapter 2 Catalysts of world economic development 2.1 International division of labor 2.2 Technology innovations and diffusion 2.3 Function of the world market 2.4 Measurement of economic development | 3 |
Week 3-4 | Chapter 3 Globalization era 3.1 Definition and measurements 3.2 Advantages and disadvantages of globalization 3.3 Effects of globalization on corporation’s development 3.4 Drivers of corporate internationalization and globalization | 6 |
Week 5-6 | Chapter 4 Regional economic integration 4.1 Economic integration and economic blocs 4.2 Basic theory of economic integration 4.3 European integration 4.4 North American economic integration 4.5 Other economic alliances | 6 |
Week 7-8 | Chapter 5 Freedom of trade-Forerunner of economic globalization 5.1 Trade expansion and openness of trading countries 5.2 GATT/WTO efforts in promoting freedom of the world trade 5.3 Free trade vs. Protectionism debate | 6 |
Week 9-10 | Chapter 6 Financial globalization 6.1 Definition, driving forces and measurement 6.2 The international capital flows 6.3 Benefits of financial globalization 6.4 Risks of financial globalization 6.5 Multilateral structure and policy making | 6 |
Week 11 | Chapter 7 Challenges to sustainable development of the world economy 7.1 Unbalanced economic development 7.2 World population challenge 7.3 Environmental challenges and economic development 7.4 Pandemic diseases | 3 |
Week 12-13 | Chapter 8 International collaboration and coordination 8.1 Correcting international externalities via multilateral interventions 8.2 Protecting the global environment through multinational efforts 8.3 International policy coordination | 6 |
Week 14-15 | Chapter 9 Countries in the globalized world economy 9.1 The division of country groups 9.2 developed countries and their economic performance 9.3 Developing countries’ economic development strategies in the globalization era 9.4 Economies in transition | 6 |
Week 16-17 | Chapter 10 China’s economic reform and its integration into the world economy 10.1 Development strategy before China’s economic reform 10.2 China’s economic reform and integration into the world economy 10.3 China’s economic achievement and its development strategy | 6 |
Week 18 | General Review and Final Examination | 3 |
Total Hours | 54 |