The evolution of Korea's economy will be reviewed decade-by-decade since Korea gained independence from Japan in 1945. The major policies that shaped the Korean economy in each decade are discussed and their impact on it will also be examined. We will also examine the background and limitations of key policies. This will allow you to draw comparisons between the Korea and other emerging countries. 1. You'll be able explain the circumstances that led to the Korean miracle of economic growth.
2. You can learn lessons from Korea's major policy decisions by looking at the external and internal conditions.
3. It is possible to explain the history of how the Korean economy interacted with global economies.
4. It is possible to see how economic models and theories can be applied in the Korean context.
