Dr X-G Zhang. 316-201 Intermediate Macro-economics and 316-202 Intermediate Micro-economics. Second semester Three hours of seminar, lectures and tutorial per week. On completion of this subject students should:

• have knowledge and appreciation of the working of the economic systems of East Asian economies;
• be familiar with the economic, social and political institutions of these countries;
• be able to critically evaluate economic literature written on these economies;
• be able to apply economic analysis to current policy issues of the region.

Tools of economic analysis are applied to the problems and issues facing the economies of East Asia. Issues discussed include growth and structural change; impact of government policy on economic performance; international trade/investment and regional integration; markets, competition and economic efficiency; industrial organisation; income distribution and social issues; relationships with the world economy. Tools developed in this course can be used to analyse other developing economies. A 2-hour examination (80 per cent) and class assignments totalling approximately 2,000 words (20 per cent).