2016/2017 KAN-CCMVI2043U China in the Global Economy
English Title | |
China in the Global Economy |
Course information |
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Language | English |
Course ECTS | 7.5 ECTS |
Type | Elective |
Level | Full Degree Master |
Duration | Summer |
Start time of the course | Summer |
Timetable | Course schedule will be posted at calendar.cbs.dk |
Max. participants | 80 |
Study board |
Study Board for MSc in Economics and Business
Administration
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Course coordinator | |
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In case of any academic questions related to the course, please contact the course instructor or the academic director, Sven Bislev at sb.ikl@cbs.dk | |
Main academic disciplines | |
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Last updated on 29/05/2017 |
Learning objectives | ||||||||||||||||||||||
To achieve the grade 12, students should meet the
following learning objectives with no or only minor mistakes or
errors: This course will be provide students with a solid
understanding of China economy's today and the challenges and
opportunities that the country faces and it's importance to the
rest of the world. At the end of the course, students will be able
to:
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Course prerequisites | ||||||||||||||||||||||
None | ||||||||||||||||||||||
Examination | ||||||||||||||||||||||
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Course content and structure | ||||||||||||||||||||||
This course’s main objective is to provide students with tools to successfully conduct business in China. In the West, there are many mis perceptions about China that often lead to wrong business decisions and, eventually the failure of the venture. In order to get a full understand, we will compare China to other modern economies but we will also spend time of compare today's China to yesterday's China, to understand the development dynamics: just taking a snapshot of the current situation often fails to identify the direction in which the country it is moving. To make things even more complex, China itself is far from being a homogeneous country with many regional peculiarities that must be taken into account when deciding not only “if to do business in China”, but also “where in China to do business”.
In this course, we will address all main themes of the current
economic situation in China. It will be a journey across this
wonderful country that will take us from to the remote countryside
areas to the modern skyscrapers of Shanghai to understand what it
is that has made 1.3 billion people growth at 10% per year for
almost 40 years. We will understand why every year 20 million
people leave the rural areas, how this flow of people fuels the
manufacturing industry which, in turns, support the real estate
sector and how is all this development financed by the banking
system.
In almost every class, we will use international comparisons, so that the student acquires an understanding of the relative position of China in the world economy.
We will conclude by discussing the new growth sectors that offer best investment opportunities.
At the end of the course, students should have developed a deep understanding of China and, hopefully, this will have enhanced their desire to know more.
Class 1: Review of China Reforms and Development:1978 to today Class 2: Structure of Chinese Economy and New Normal Class 3: China's Rural Economy and Income Disparity Class 4: Migration, Urbanization and Real Estate Class 5: Central Bank, Monetary Policy Banking and Financial
System
feedback activity: Class 7: Industry Focus: Manufacture, Energy, Fashion, IT, Food Class 8: Saving, Consumption, Demographics and Middle Class Class 9: International Trade, FDI and RMB Internationalization Class 10: One Belt One Road, Silk Road, AIIB and Int' Relations Class 11: Reviewing and putting it all together. |
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Teaching methods | ||||||||||||||||||||||
The course will include lectures and class discussions. In addition, to the standard lecture, there will be frequent use of reading materials taken from current affairs that we will discuss in class. Students are encouraged to actively participate in class discussion. | ||||||||||||||||||||||
Student workload | ||||||||||||||||||||||
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Further Information | ||||||||||||||||||||||
Preliminary Assignment: To help students get maximum value from ISUP courses, instructors provide a reading or a small number of readings or video clips to be read or viewed before the start of classes with a related task scheduled for class 1 in order to 'jump-start' the learning process.
Feedback Activity: A feedback activity defined by the course instructor will take place approx. half-way through the course.
Course timetable is available on http://www.cbs.dk/uddannelse/summer-university-programme/courses |
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Expected literature | ||||||||||||||||||||||
Nice-to-have: Arthur Kroeber: China’s Economy – What everyone needs to know Oxford University Press, 2016 |