IGESSIGESS (Institute for Global Economics and Social Sciences)

This course introduces the factors and mechanisms behind economic growth and economic development from a microeconomic perspective. As case studies, we will discuss some special issues on state-owned enterprise reform, innovation, industrial structural transformation, social security, segmentation problems in market by institutions and understand the facts and problems of Chinese economy in individual,household and firm levels.

1.Understand and explain the problems of economic transition and economic development in China from microeconomic perspective
2.Understand the mechanism and factors which influence the behaviors of individuals and firms in China under economic transition period
3.Understand the differences of facts and problems of these issues between China and other countries

英語 / English

The course consists the lecture by lecturer and the presentation by student based on Power Point materials. The active discussion is held in the class. At least one real-time online lecture.

The class is designed to be:
1.Interactive: With a strong emphasis on student participation.
2. Up-to-date: With the real-time explanation of unfolding events.
3. Critical and Analytical: Understanding the mechanism and performance of economy institution transition and economic growth
4. Accessible: Develop the ability to understand the differences between countries and regions within a country from macroeconomic perspective
5.Feedback on assignments (reports, etc.) will be given at the beginning of the class, covering some of the reaction papers submitted in the previous class, and feedback will be given to the whole class and through the "Learning Support System" (Hoppii).

あり / Yes

なし / No

※各回の授業形態は予定です。教員の指示に従ってください。

1：Area Studies from Microeconomic Perspective

Introduction of the contents and analyze methods of area studies from microeconomic perspective

2：State-Owned Enterprises Reform in China (1)

The features of state-owned enterprises during the planned economy; the reforms of state-owned enterprises and their problems

3：State-Owned Enterprises Reform in China (2)

Corporate governance and performance of state-owned enterprises; problems of state-owned enterprise reform in China

4：Active Discussion

Issue1: What are the determinants of the development of non-state sector in China? Issue2: What are the main problems of state-owned enterprises?

5：Transformation of Industrial Structure　

The industry upgrade policy reform; “China Manufacturing 2025" and innovation; a case study of industrial upgrade in Shenzhen city of Guangdong province in China

6：Reforms in Rural China (1)

The land reform and collapse of the people's commune; Household Production Responsibility System and land right transfer in China

7：Reforms in Rural China (2)

The states of poverty and the causes of poverty in rural China; the regional disparities of poverty and the reduce poverty policies in rural China

8：Migration within China

The mechanism of migration from the rural areas to urban areas within China; the mystery in Chinese Economy-the migrant shortage phenomenon; the migrants’ living and work in urban China

9：Active Discussion

Issue1: Please evaluate the implementation of Household Production Responsibility system in rural China
Issue2: Why there existed a migrant shortage phenomenon in China?

10：Bank Reform in China

The reform of state-owned bank; the establishment of stork market; the problem in financial market in China

11：Economic Development and Education in China

Education system and reform in China; changes in the "National College Entrance Examination" ("Gaokao"); Higher Education Expansion Policy; causes of the problem of unemployment of college graduates in China

12：Social Security Policy in China

The social security policy reform with economic transition; the inequality of social security between rural areas and urban areas in China

13：Labor Market Reform in China

The transformation of employment and wage determinate institutions; the determinate mechanism of employment and wage based on neoclassic economics

14：Active Discussion

Issue1: Ownership reform and its effects on Chinese economy
Issue2: Policy reform and its influences on behaviors of individuals and firms

Students who have not taken other related courses (e.g., Development Economics, Microeconomics, Labor Economics etc.) are expected to read the textbooks or overviews of those courses in advance.
Students are expected to review class material, complete assignments, and download the materials used in the course through the learning support system. The standard preparation and review time for this class is 2 hours each.

No textbook. Students are expected to download a PowerPoint document through the learning support system and review them.

1.Guo, R. (2017) How the Chinese Economy Works. Switzerland: Palgrave Macmillan. ISBN 978-3-319-32305-3
2.Cai, F. (2020) China’s Economic New Normal Growth, Structure, and Momentum. Singapore: Springer Nature. ISBN 978-981-15-3226-9
3.Pen, C., Yang, C., and Yang, X. (2020) The Basic Economic System of China. Singapore: Springer Nature. ISBN 978-981-13-6894-3
4.Ma, X. (2018) Economic Transition and Labor Market Reform in China, Singapore: Palgrave Macmillan.ISBN 978-981-13-1986-0
5.Yao, S., and Jiang, C. (2017) Chinese Banking Reform from the Pre-WTO Period to the Financial Crisis and Beyond. Switzerland: Springer Nature. ISBN 978-3-319-63924-6
6.Brandt,L., and Rawski, T. G. (2008) China’ Great Economic Transformation. Cambridge U.S.: Cambridge University Press. ISBN 9780511754234

Presentations or reports in active discussions 50%
Final report 50% (An essay. Details TBA)

I would like to try to create better PowerPoints document with consideration the students’ levels. In addition, I would like to make the lecture more interactive, to answer the questions and to take more discussions with students.