This course aims to provide students with a rigorous foundation for regional economic development in theory and practice, with special focuses placed on both the Greater Bay Area and the Belt & Road initiatives. In the course various theories of international trade and economic integrations will be discussed and the resultant redistribution of economic welfare will be analyzed. The course will also review the impacts of regional integration on trade and development, address possible difficulties in carrying out these economic activities, and recommend policy support needed from public institutions for overcoming these difficulties.

CILO-1: Identify the motives for regional integration and the stages of economic development. CILO-2: Identify the various impacts of integration, comparative advantages in trade, the efficiency and equity issues arising from growth and development. CILO-3: Comprehensively assess the contributions and costs of major regional integration initiatives in the world.