This course is to strengthen our ability to think analytically about the problems faced by developing economies. Students are encouraged to consider how barriers to development emerge and what policy can be designed to remove them. This course is a research-oriented one, focusing on development problems faced by Macao, Hong Kong, Taiwan, and the rest of China. Students are required to undertake research projects on many real-world issues. They will see many new articles uploaded to the course-web, which go well beyond textbook discussions.

CILO-1: Recognize the history of development and describe theoretical models in development economics. CILO-2: Identify and explain the problems faced by developing economies. CILO-3: Diagnose the barriers to development and being able to suggest policies which can help to remove them. CILO-4: Manage to compare between economies to analyze their similarities and differences on the level of development and the rationales behind.