China’s Economic Transformation Part 1: Economic Reform and Growth in China
- 4.9
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Approx. 13 hours to complete
Course Summary
Explore the economic transformation of the world from agrarian to modern societies with this course. Learn about the theories and concepts that explain economic development and growth.Key Learning Points
- Understand the factors that have contributed to economic growth and transformation
- Learn about the economic history of various countries and regions
- Explore the different theories and concepts that explain economic development
Job Positions & Salaries of people who have taken this course might have
- Economist
- USA: $75,000 - $120,000
- India: ₹600,000 - ₹1,000,000
- Spain: €30,000 - €60,000
- Economic Analyst
- USA: $60,000 - $90,000
- India: ₹500,000 - ₹800,000
- Spain: €25,000 - €40,000
- Development Consultant
- USA: $70,000 - $100,000
- India: ₹500,000 - ₹1,000,000
- Spain: €30,000 - €50,000
Related Topics for further study
Learning Outcomes
- Develop a comprehensive understanding of the economic transformation of the world
- Gain knowledge about the theories and concepts that explain economic development
- Analyze the economic history of various countries and regions
Prerequisites or good to have knowledge before taking this course
- Basic knowledge of economics
- Interest in economic history and development
Course Difficulty Level
IntermediateCourse Format
- Online
- Self-paced
- Video lectures
- Quizzes
Similar Courses
- Economic Growth and Development
- Economic History
Related Education Paths
Related Books
Description
In 1978, after nearly 30 years of socialist planning under Mao Zedong, China was one of the world’s poorest countries, saddled with an inefficient, inward-looking economy. Today, China is an upper-middle income country and the world’s largest trading nation, contributing more to global economic growth than any other nation. How could such a remarkable transformation take place?
Outline
- Orientation and Module 1: China’s Gradualist Reforms
- Course Overview
- 1.1 China’s Gradualist Reforms – An Introduction
- 1.2 Institutional Change – A Framework
- 1.3 Reform Overview
- 1.4 Decollectivization of Agriculture
- 1.5 The Rise and Fall of Township and Village Enterprises (TVEs)
- 1.6 The Problem of State-owned Enterprises
- 1.7 China’s Gradualist Reforms – Module Summary
- Assignments and Grading
- Module 1 Course Reading
- Module 1 Lecture References
- Quiz 1
- Module 2: Fiscal and Financial System Reform
- 2.1 Fiscal and Financial System Reform – An Introduction
- 2.2 Fiscal Decentralization: Pros and Cons
- 2.3 Reforming the Fiscal System
- 2.4 The Soft Budget Constraint
- 2.5 Reforming the Financial System
- 2.6 Shadow Banking: Threat or Opportunity?
- 2.7 Fiscal and Financial System Reform – Module Summary
- Module 2 Course Reading
- Module 2 Lecture References
- Quiz 2
- Module 3: Globalization: Trade and Foreign Direct Investment
- 3.1 Globalization: Trade and Foreign Direct Investment – An Introduction
- 3.2 International Trade: Performance and Policies
- 3.3 Trade and Development
- 3.4 Foreign Direct Investment
- 3.5 Foreign Direct Investment – Firm Visits in China
- 3.6 China’s Outbound Foreign Direct Investment
- 3.7 China’s Outbound FDI – An Expert Discussion
- 3.8 Internationalization of the Renminbi
- 3.9 Internationalization of the Renminbi – An Expert Discussion
- 3.10 Globalization: Trade and FDI – Module Summary
- Module 3 Course Reading
- Module 3 Lecture References
- Quiz 3
- Module 4: Economic Growth and Structural Change
- 4.1 Economic Growth and Structural Change – An Introduction
- 4.2 Sources of Growth
- 4.3 Structural Change
- 4.4 Resource Misallocation
- 4.5 Productivity Growth
- 4.6 Economic Growth and Structural Change – Module Summary
- Module 4 Course Reading
- Module 4 Lecture References
- Quiz 4
- Module 5: Governance and Current Challenges
- 5.1 Governance and Current Challenges – An Introduction
- 5.2 China’s Governance Puzzle
- 5.3 Incentivizing Local Leaders
- 5.4 Economic Challenges
- 5.5 Rebalancing Growth
- 5.6 Challenge of Rising Wages
- 5.7 Challenge of Rising Wages – Firm Visits in China
- 5.8 Governance and Current Challenges – Module Summary
- 5.9 Economic Reform and Growth in China – Conclusion
- Module 5 Course Reading
- Module 5 Lecture References
- Quiz 5
- Final Exam and Course Evaluation
- Rate this course
- Final exam
- Post-course Survey
Summary of User Reviews
Learn how to transform economics with this highly-rated course on Coursera. Students praise the engaging content and clear explanations provided by the instructor. One key aspect that many users thought was good is the practical applications of economic theories taught in the course.Pros from User Reviews
- Engaging content
- Clear explanations
- Practical applications of economic theories
Cons from User Reviews
- Some students found the course too challenging
- Limited interaction with other students
- Review quizzes could be more helpful
Albert Park
4.9 Raiting
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China’s Economic Transformation Part 1: Economic Reform and Growth in China
- 4.9
-
![]()
![]()
![]()
![]()
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In 1978, after nearly 30 years of socialist planning under Mao Zedong, China was one of the world’s poorest countries, saddled with an inefficient, inward-looking economy....
