In particular, the Coase Theorem and theories of contracting and dissipation of rent will be discussed. The current theories of economic development are assessed in terms of Asian experience. Topics include the various theories of economic development in dualistic economies, the role of technology, capital, human resources, and trade in economic development, the financing of economic development, and planning for economic development. A comparative study of major problems of economic growth and development of East Asian economies. Topics vary yearly including the role of economic organization, trade, industrialization, problems in the rural sector, transfer and adaptation of technology, and consequences of growth and development.
Main emphasis is on the economy of China, Japan and the newly industrialized countries.
This course is a detailed study of the general linear model. This course reviews the literature on the application of econometrics. Candidates are required to offer an original project paper in lieu of one written paper in the examination. The project paper must be completed and presented not later than May 31 of the academic year in which the teaching programme ends. Reading course This course consists of supervised reading and written work.