Final Paper Topic

  According to professor's suggestion, I changed my final paper topic. And my new topic will be "The Economics and the economy of China".

Introduction:

    So, what is the economics? I think the first impression in people's mind will be the study of money, income, or anything about money. Actually it is a social science which analyze the production, distribution and consumption of goods and services. Since Adam Smith gave birth to the modern economics as a separate discipline through his famous publication of The Wealth of Nations to nowadays, modern economics already had over 200 years history. During that period of time, many great economists like Alfred Marshall who created the Neoclassical economics, John Maynard Keynes who created the Keynesian economics and many others, they all made great contributions to integrating the theory of economics. Also, I would like to talk about the Microeconomics and Macroeconomics--the main two parts of economics. Finally, I would like to discuss the economy of China which is the world's second major economy and also the world's fastest-growing economy.

Outline:

   1. The definition of economics.

   2. The general history of economics
      a).Adam Smith -- Classical economics
      b).Karl Marx -- Marxist economics
      c).Alfred Marshall -- Neoclassical economics
      d).John Maynard Keynes -- Keynesian and Post-Keynesian economics

   3. Two main parts of the economics
      a).Microeconomics
      b).Macroeconomics

   4. The economy of China
      a). The general economic contions in China
      b). The economic development history over the past 30 years
      c). The Macroecomonic Trends
      d). The reasons why ecomony develops so rapidly in China
      e). The problems under the fast economic development

Conclusion:

    All in all, economics is an important social science. Under the help of its theory, we could build our world better and so live better. Nowadays, economics analyses were applied around the society such as in the business and government. The creation of economic theory cannot happen without many great economists' contributions. Also, as a Chinese students, I am proud of the fast economic development in my country. However, there are also many problems under the fast economic development that cannot be neglected.