Singapore University of Social Sciences

Political Economy of Asia

Political Economy of Asia (ECO352)

Applications Open: 01 October 2024

Applications Close: 15 November 2024

Next Available Intake: January 2025

Course Types: Modular Undergraduate Course

Language: English

Duration: 6 months

Fees: $1391.78 View More Details on Fees

Area of Interest: Business Administration

Schemes: Alumni Continuing Education (ACE)

Funding: SkillsFuture

School/Department: School of Business


Synopsis

Economics and politics are inextricably intertwined, especially within the vibrant and diverse contexts of East and Southeast Asia. ECO352: Political Economy of Asia critically examines the complex interplay between politics and economics and explores the following pivotal topics: (1) the interdependence of the state and businesses, (2) the architecture of global production networks and Asia’s supply chains, (3) the dynamics of global and Asian financial relations, (4) the pursuit of sustainable development in Asia, and (5) the debates surrounding China’s ascendancy in the international system. These topics scaffold Asia’s growth narrative and furnish students with a comprehensive analysis of the region’s developmental trajectory, its inherent challenges, and emerging opportunities. Importantly, this is an interdisciplinary course that draws insights from economics, business, political science, and sociology, and welcomes students across all disciplines who are curious about the strategic dynamics shaping Asia. Upon completion of the course, students will be equipped with a robust and multifaceted understanding of Asia’s development.

Level: 3
Credit Units: 5
Presentation Pattern: EVERY REGULAR SEMESTER

Topics

  • Introduction to Political Economy
  • State-Business Relations
  • Uneven Economic Development
  • Strategies of Industrialisation
  • Trends and Mechanisms in International Trade
  • Global Production Networks and Asia’s Development
  • Global Finance
  • Asian Financial Relations and Monetary Dynamics
  • Demographic Challenges and Policy Responses in Asia
  • Environmental Sustainability in Asia
  • The Geopolitics and Geoeconomics of China’s Ascendancy
  • Asia’s Way Forward: Navigating Disruptions in a Complex World

Learning Outcome

  • Apply the theories and concepts of political economy within the context of Asia
  • Examine uneven economic development and the strategies of industrialisation
  • Analyse the trends of international trade and the dynamics of Asia’s trade networks
  • Inspect global and Asian financial relations
  • Formulate strategies to promote sustainability in Asia
  • Debate China’s role in the world and its impact on Asia
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