Business & Political Economy Program (BPEP-SHU)

The course examines both macro and micro aspects of globalization. This course begins with the theory and practice of international trade: comparative advantage, trade policy and trade agreements as well as economies of scale, intra-industry trade, global value chains and offshoring. The course also studies the effects of China’s integration into the world economy and the impact of US-Sino trade war and Brexit. The second part of the course covers the role of money and finance in the global economy, including international tax arbitrage and tax havens, the role of the exchange rate, interest parity, the determinants of exchange rates; exchange rate regimes, and international financial crises. Prerequisite: Introductory Macroeconomics (ECON-SHU 1 or ECON-SHU 251) and Introductory Microeconomics (ECON-SHU 3). Fulfillment: Economics Elective.

This course focuses on China’s political and economic development over the last century and a half with particular attention to the last 33 years, the so-called Reform Period. Our three primary objectives are to (1) understand the historical trajectory of China’s development path; (2) consider in what ways and to what degree the growth experiences of East Asia’s high-performing economies helped inform China’s economic policymakers decisions and shed light on the prospects for the long-term success of reforms in China; (3) assess the state of China’s contemporary political economy. Prerequisite: Sophomore standing or above with at least one course in BUSF-SHU. Fulfillment: CORE SSPC; GCS The Politics, Economy, and Environment of China; Social Science Political Economy Focus 300 level; Business Non-Finance/Non-Marketing elective or China Business Studies; IMB Business elective; Economics elective.

China Business Experience is a non-credit, pass/fail mini-course specifically designed for BPE students while study away in Shanghai in Spring 2019. It aims to help the students to gain practical information and experience on China business. Focus will be placed on the political and institutional contexts within which business activities unfold so the students can understand the complexities associated with business ecosystem and practices in China. This special BPE-oriented course will consist of two lectures and two company visits where students will meet with business executives. Attendance is mandatory for this Pass/Fail course. If students miss one (or more) class or company visit, they will not pass the course.