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InternationalEconomicsCooperationCourseIntroduction
(1)Coursecontents(2)Coursedescription(3)Course
objectives(4)AssessmentandRequirements(1)CourseContents1.Contemporaryworldeconomyanditsdevelopment2.Catalystsofworldeconomicdevelopment3.Globalizationera4.Regionaleconomicintegration5.Freedomoftrade----forerunnerofeconomicglobalization6.Financialglobalization7.Challengestothesustainabledevelopmentoftheworldeconomy8.Internationalcollaborationandcoordination9.Countriesintheglobalizedworldeconomy10.China’seconomicreformanditsintegrationintotheworldeconomy(2)Coursedescriptiona.Thecharacteristicsofeconomicglobalizationanditsdevelopmentb.Theinfluenceofglobalizationontheregionaleconomy,nationaleconomyandenterprisesc.Internationalcooperationandcoordinationd.Economicintegrationaroundtheworldduringtheglobalizatione.ThechallengesforsustainabledevelopmentofeconomyStudythelawsofworldeconomicchangeanddevelopment.(3)Courseobjectives
Afterthecompletionofthewholecourse,studentsaresupposedto:comprehendthebasiccharacteristicsofworldeconomy.Understandthethelawofchangeanddevelopmentofworldeconomy.Analyzeeconomicphenomenoninreallifesituationsaccordingtoeconomictheorieslearnedbefore.
(4)AssessmentandRequirementsThecoursewillbeassessedasfollows:ReadthetextbookcarefullyandanswerquestionspositivelyRoutineperformance:including
routineattendance,in-classpractice,testsandoutside-classassignmentsFinalexamYouareappreciatedfornot
beinglateforclassorabsentfromclass.chewinggumsorlisteningtothemusicduringclasses.pickingupthecellphoneorlettingthephoneringorwatchviedosduringclasses.CourseIntroduction
(1)Coursecontents(2)Coursedescription(3)Course
objectives(4)AssessmentandRequirementsWarmingupSUSAN’SstoryExamplesforglobalizationOneWorldOneDreamSUSAN’SSTORYWhatisyourfirstimpressionOnBeijingorChina?ForeignbrandscanbeseeneverywhereinChina.China’sfamousbrandsintheworld
Do
they
have
anything
incommon?Whatismostglobalized?Somethingsaremoreglobalizedthanothers…HowGlobal?Extremely
VeryModeratelyNotsomuchWhatismostglobalized?Somethingsaremoreglobalizedthanothers…HowGlobal?ExtremelyCapitalflowsVeryTradeModeratelyCorporations,FDI,ProductionNotsomuchLabor(workers)ChapterOne
ContemporaryWorldEconomyandItsDevelopmentKeyIssues:Whyshouldwestudytheworldeconomy?Howimportantistheenvironmentforthesustainableeconomicdevelopment?Howimportantarethenaturalresourcesfortheeconomicdevelopment?Whatdoesthehistoricalreviewoftheworldeconomytellus?MaincontentsHistoricalreviewofworldeconomyThedefinitionofworldeconomyThethreeelementsofworldeconomy
The
subjectthemeofworldeconomyTheworldeconomicsystemdiscussion1.Whatisnationaleconomy?Thenationaleconomyreferstotheinterrelatedwholeformedbythesocialproductiondepartments,circulationdepartmentsandothereconomicsectorswithinamoderncountry.2.What’stherelationshipbetweenthenationaleconomyandtheworldeconomy?(takesthforexample)interdependent1.1.FundamentalElementsoftheContemporaryWorldEconomy
1.1.1TheDefinitionoftheWorldEconomy
Aneconomicdevelopmentsystemgoingbeyondthenation-stateboundary,inwhichallnationaleconomiesareintegratedintoaninterdependentbodythroughinternationaldivisionoflabor,worldmarket,internationalizedexchangetoolsandfreemovementofproductionfactorsintheglobalizationerainternationaldivisionoflaborThe
divisionoflabour
istheseparationoftasksinany
system
sothatparticipantsmayspecialize.Individuals,organizations,andnationsareendowedwithoracquirespecializedcapabilities.Specializedcapabilitiesmayincludeequipmentor
naturalresources
inadditiontoskillsandtraining.Complexcombinationsofsuchassetsareoftenimportant,whenmultipleitemsofspecializedequipmentandskilledoperatorsareusedtoproduceasingleproduct.Thedivisionoflabouristhemotivefor
tradeandthesourceof
economicinterdependence.The
structure
of
the
aircraft:China&America
Engine:
AmericaHydraulicpressurecircuit:America
ComputerAccessories
:ChinaAssemblyaccessories:AmericaBoeing787DreamlinerChina’sinternationaldivisionoflaborintheworldMadeinChina.China’sinternationaldivisionoflaborintheworldMadeinChina.China’sinternationaltradeislargelyrelatedtolabor,butnotrelatedtoresearchanddevelopment.Chineseproductsforexportarealmostlabor-intensiveandinthelow-endofvaluechain.Theyrelyonlowcosttocompetewithrivals.CreatedinChinaDiscussionTalkaboutthecurrentsituationofyourcountry’sinternationaldivisionoflaborintheworld.1.1.FundamentalElementsoftheContemporaryWorldEconomy
1.1.1TheDefinitionoftheWorldEconomy
Aneconomicdevelopmentsystemgoingbeyondthenation-stateboundary,inwhichallnationaleconomiesareintegratedintoaninterdependentbodythroughinternationaldivisionoflabor,worldmarket,internationalizedexchangetoolsandfreemovementofproductionfactorsintheglobalizationera
productionfactorsTherearethree
basic
resourcesorfactorsofproduction:
land,
labor
and
capital.
1.1.FundamentalElementsoftheContemporaryWorldEconomy
1.1.1TheDefinitionoftheWorldEconomy
Aneconomicdevelopmentsystemgoingbeyondthenation-stateboundary,inwhichallnationaleconomiesareintegratedintoaninterdependentbodythroughinternationaldivisionoflabor,worldmarket,internationalizedexchangetoolsandfreemovementofproductionfactorsintheglobalizationera
MaincontentsHistoricalreviewofworldeconomyThedefinitionofworldeconomyThethreeelementsofworldeconomy
The
subjectthemeofworldeconomyTheworldeconomicsystem1.1.2TheSubjectthemeoftheWorldEconomy
Thedevelopmentoftheworldeconomicglobalization(clou)globaltrade/investment/technology/multinationalfirmEconomiclinkagesofnationaleconomies(ChinaandUSeconomiccooperation)
Nationaleconomies
Problemsandchallenges
Problemsandchallenges
oftheWorldEconomy
Theseproblemsincludeglobal
inequality
andunequaleconomicdevelopment,global
poverty,theexhaustionofnon-renewableresources,
depletionoftheenvironment
andglobalwarming,andsystemicproblemsassociatedwithinadequateregulationof
financialmarkets.Theseglobalproblemsarelongerterm,andmayrequireastrategicapproachtofindingsolutions.
MaincontentsHistoricalreviewofworldeconomyThedefinitionofworldeconomyThethreeelementsofworldeconomy
The
subjectthemeofworldeconomyTheworldeconomicsystem1.1.3TheThreeElementsoftheWorldEconomy
PeopleNaturalresourcesEcologicalenvironmentPeople:controllingforceoftheworldeconomy, dualfeatures:basicproductionfactorandconsumerdiscussionWhichoneisthemostpopulouscontinent?Whichoneisthemostpopulouscountry?discussionWiththeincreaseofhumanpopulation,theworldeconomyhaskeptgrowingrapidlyintermsofspeedandtotalvolume.1.1.3TheThreeElementsoftheWorldEconomy
People:controllingforceoftheworldeconomy, dualfeatures:basicproductionfactorandconsumer(video)
Naturalresources
:basicmaterialsuppliesforproduction,distributionandlocationofnaturalresourceshavegreatimpactontheeconomicpatternoftheworldeconomy(introduction?)Whatresourcesareabundantinyourcountry?discussionWhatarethemostimportantnaturalresourcessforeconomicdevelopment?Whichcountriesarerichinoil,coalandnaturalgas?discussionJapan’sImport99.7%ofoil97.7%ofcoal96.6%ofnaturalgas60%ofagriculturalproductsIsthepossessionofnaturalresourcesindispensableforeconomicdevelopment?1.1.3TheThreeElementsoftheWorldEconomy
People:controllingforceoftheworldeconomy, dualfeatures:basicproductionfactorandconsumer(video)
Naturalresources
:basicmaterialsuppliesforproduction,distributionandlocationofnaturalresourceshavegreatimpactontheeconomicpatternoftheworldeconomy(introduction?)Ecologicalenvironment
:supportingsystemforlives,maintainthephysical,geographicalandchemicalmetabolizingmovementoftheearth
Whataretheproblemsaboutecologicalenvironmentinyourcountry?
discussionMaincontentsHistoricalreviewofworldeconomyThedefinitionofworldeconomyThethreeelementsofworldeconomy
The
subjectthemeofworldeconomyTheworldeconomicsystem1.1.4TheWorldEconomicSystem
definitionChinesescholar:worldeconomicsystemisaneconomicrelationshipandbalancingstatusofcountriesbasedontheireconomicpowerandmutualrestrainingabilities:acountryoracountrygroupactsasthecoreoftheworldeconomyor“headofthetrain”WesternscholarrepresentedbyWallenstein:world-systemisaninterdependentsystemofcountrieslinkedbyeconomicandpoliticalcompetition.Heproposesfourdifferentcategories,core,semi-periphery,periphery,andexternal.
Aworldmapofcountriesbytradingstatus,late20thcentury,usingtheworldsystemdifferentiationintocorecountries(blue),semi-peripherycountries(purple)andperipherycountries(red).BasedonthelistinDunn,Kawana,Brewer(2000).MaincontentsHistoricalreviewofworldeconomyThedefinitionofworldeconomyThethreeelementsofworldeconomy
The
subjectthemeofworldeconomyTheworldeconomicsystem1.2.HistoricalReviewoftheWorldEconomy
1.2.1TheExplorationErato1500
1.2.2TheInternationalCirculationofGoods1.2.3TheInternationalOutflowofCapital:1.2.4TheInternationalMovementofProductionFactors1.2.5TheGlobalizationEraSince19801.2.6DrivingForcesofPost-1980Globalization
1.2.1TheExplorationErato1500
1.2.2TheInternationalCirculationofGoods
Developmentofmegalanguages Writingandprintingtechnologies
Transportationinnovations
Unifiedworldexchangetool
Retailestablishments
Developmentofnewtechnologyinproduction,transportationandcommunicationincreasedtheefficiencyofproductionandacceleratedthepresenceofmega-enterprises Accumulationofcapitalin
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