The World Economy: China
About the Program
ECON 355 presents an introduction to international trade theory and policy. Issues of international trade feature prominently in academic and policy debate (e.g. the European Union, NAFTA, China-US trade, trade barriers, anti-globalization, global poverty etc.) Over 30 per cent of the world’s production of goods and services is traded between nations and there are significant levels of labour migration and capital movements via direct foreign investment between nations e.g. via multinational corporations. The course explains the reasons for and relevant costs and benefits to society of these exchanges, and provides a basic knowledge of international trade theory and policy as it applies to the global world economy of today. ECON 358 provides knowledge of the economics of national competitiveness in the modern world economy. The course focuses on the competitiveness of the major national and regional economies within the world economy. After first discussing how economists seek to define, measure, and rank the competitiveness of national economies, the course moves on to look at the relative competitiveness of the major regional and national economies in the world, first looking at Europe and European economies including Russia, then the Americas North and South, then Asia and Asian economics including Japan, China and India, and finally Africa and the Middle East.
Students in these courses will benefit greatly by having then delivered in China, the most dynamic developing economy of the modern world. To tie in with the material of the courses, there are numerous sites within the vicinity of Chongqing and Beijing that can be visited. The objective is to expose students to fundamental issues of international trade and competiveness in an appropriate international setting. A local tour guide would be contracted to lead the logistics for optional weekend tour components of the program.
Week 1: One week at one of UBC’s partner institutions in Chongqing, study tour of western China sites.
Weeks 2-6: Residential portion at University of International Business and Economics, Beijing, weekend tours of sites in and around Beijing (Great Wall of China, Forbidden City, Temple of Heaven, National Museum of China, Summer Palace, Bell and Drum Towers, etc).
Eligibility and Prerequisites
Students should have completed the prerequisite courses ECON 101 and ECON 102. These prerequisites can be waived with the permission of the instructor for upper-year students. All students are eligible, and the program might appeal in particular to UBC Okanagan and Vancouver students in Economics, History, International Relations, Philosophy, Political Science, Sociology, Management, Commerce and International Economics.
Program Fee $3,500-3,700 (the final fee is dependent on how many students are accepted into the program)
NOTE: The program fee will be offset by $1,000 for UBC students qualifying for the Go Global Award (i.e., those students with a 70% average over 24 credits during the 2016-17 academic year).
NOTE: ALL students accepted into this program will receive a special fellowship award of $1,000. This is in addition to the Go Global Award
INCLUDED in program fee
NOT included in program fee
Please fill out the budgeting tool prior to submitting your application. This can be found here.
ECON 355: International Trade (3 credits)
ECON 358: Competitiveness in the International Economy (3 credits)
Credits: 6 in total
Summer: June 24, 2018 starting in Chongqing, China and ending August 3, 2018 in Beijing, China
Deadline: Applications for this Global Seminar are now CLOSED
***Withdrawals and Refunds
If you decide to withdraw your application following submission, you need to make this request in writing by email to Dana Lowton, email@example.com. Please be sure to consult the Global Seminar Refund Policy terms.
Last reviewed 1/8/2018 4:21:35 PM