ECON 225 - Vietnamese Economy: Past and Present

Institution:

Loyola University Chicago

Subject:

Description:

This course aims to expose students to the theories, processes, resources, and policies that relate to the Vietnamese economy, especially since the country¿s independence. The course is designed to familiarize students in historical context with the policies and resources of economic performance during the war, under the centrally planned economy, in the country¿s transition period and since economic reform in the mid 1980s. The course will also help students understand and compare socialist and capitalist economic principles that have operated in Vietnam, emphasizing both their strengths and weaknesses. Students are expected to achieve the following learning outcomes: 1. Broad understanding of Vietnam¿s economy during the country¿s main historical periods from the colonial area to independence. 2. In-depth understandings of Vietnam¿s economy from independence to the present. 3. Undertake an analysis of the theoretical and practical differences between socialist and capitalist economic principles. 4. Understanding of theoretical background of centrally planned economy (socialist economy) in conjunction with arguments for and against. 5. Understandings of the actual function of the centrally planned economy, with specific examples of successes and failures. 6. The causal relationships between market economic theories and reform policy applied in Vietnam and alternative strategies available to the country. 7. In-depth understanding of the current challenges the Vietnamese economy faces and plans for how the state envisions dealing with these.

Credits:

3.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.luc.edu

Phone Number:

(773) 274-3000

Regional Accreditation:

North Central Association of Colleges and Schools

Calendar System:

Semester

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