Instructors
Lawrence J. Lau (Primary)

The macroeconomic aspects of economic development: structural transformation, resource utilization, mobilization, and allocation; the sources of economic growth; intersectoral transfers; the role of the external sector; money and finance in development; stabilization in closed and open economies; strategies for economic development; the role of intangible capital; and endogenous technical progress. Illustrations from the economic development experience of East Asia, including Japan, China, Hong Kong, South Korea, Singapore, Taiwan, Indonesia, Malaysia, the Philippines, and Thailand.

Prerequisite: Econ 52. GER: 4a.

Level
Undergraduate

Units
5

Department
Department of Economics
School of Humanities and Sciences