Economics 235 - Economics of East Asia

East Asia has become a center for trade, economic growth, and crucial part of international financial system. East Asian nations provide rich historical material, having recovered from the devastation of war and colonization to achieve rapid growth - three of them ranking as the world’s second, fourth, and twelfth largest economies by the Gross Domestic Product (GDP) as of 2024. This course introduces the key characteristics of East Asian nations, which have been widely praised for their impressive growth. Discussions include growth accounting, growth theory, physical and human capital accumulation, structural change model, and case studies on land policy, industrial policy, and financial systems of the East Asian countries such as China, Japan, and Korea. This course also covers more recent developments, including financial crises, regional integration, and trade wars. Prerequisite: ECO 153. Enrollment limited to 40.

[CE] ECO 153