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Transition Costs Economics and Institutional Transition

Опубликовано на портале: 21-10-2003
Факультет: Department of Economics
Дисциплина: Transition Costs Economics and Institutional Transition
Год: second term, 2000-2001
Язык: Английский
Язык оригинала: китайский
Тематические разделы: Экономика, Институциональная экономика, Институциональная экономика: Институциональные изменения, Институциональная экономика: Институциональная теория государства

One of the most puzzling phenomena in economics is the rise and fall of communism. The once highly developed industrialized economies of the Soviet bloc quickly collapsed into underdeveloped poor countries while a backward agricultural China surged to be the world's third largest economy. This is unexpected from a conventional economics perspective. This course will examine how the transition of East European countries and China from centrally-planned economies to market economies can be explained by the economic concepts introduced in this course. The course will emphasize on the perspectives of economic organization and institutional change. While China is specific in some of her institutions and reform measures, she also encounters many economic problems similar to those in other transitional economies. Study of economic transition is not only interesting in itself but also sheds light on the next steps of the Chinese economic reform and even on the restructuring of organizations in our market economy. This course is open to all interested students. The approach adopted will emphasize on economic concepts and real examples. While students from business, political science, sociology and history should find no difficulty in understanding the materials, economics majors will find the concepts intellectually insightful and the examples practical. (Students of Comparative Economic Systems (ECO 3220), Chinese Economy (ECO 3310), Trade and Investment Among The Chinese Economies (ECO 3340), Politics of the Russian Economic Reform (GPA 2140), Industrial Organization (ECO 3480) and Economics of Information (ECO 4440) will find the course particularly interesting because the subject contents and the approach of this course will be complementary to those of the above courses.) All the lecture notes (Part I, Part II) and references are kept at the reserve of the University Library.

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