
Applied Economics
Fourth Year
Course Outline (2015/2016)
Before the mid-term exam:
Lesson 1: Trade Policy Debate
1- What do we mean by export promotion (EP) and import substitution
(IS)?
2- What are the advantages and disadvantages of EP and IS?
3- Egyptian experience in applying IS and EP compared to China and
South Korea as successful experiences.
Lesson 2: Balance of Payments
1- What is the balance of payments?
2- What are the main accounts of the BoPs?
3- To how extent the implementation of IS and EP was reflected in the
performance of the Egyptian BoPs compared to China and South Korea?
4- To how extent the Arab countries can be integrated successfully
compared to the ASEAN or EU, with emphasis on the structural fragility
of the Arab economies?
Lesson 3: Globalization
1- Analysis of the different globalization indices with emphasis on the
global competitiveness index (GCI).
2- To how extent has Egypt benefited from globalization compared to
China while focusing on the GCI performance for both countries?

Lesson 5: Business Environment (Doing Business)
1- What are the main opportunities and challenges of doing business in
Egypt, while referring to the Egyptian performance on the ease of doing
business index?
2- What are the suggested recommendations for enhancing the business
environment in Egypt?
After the mid-term exam:
Lesson 6: Climate Change and Poverty of Women
1- What is the impact of climate change on the economy, while referring
to the negative effects on the environment?
2- What are the main expected effects of climate change on Egypt, and
mainly the women focusing on the implementation of the UN Sustainable
Development Goals (SDGs) and their applicability in Egypt?
Lesson 7: The World Economic and Financial Crisis
1- What are the origins and causes of the crisis?
2- What are the consequences and impact of the crisis?
3- What are the main policies adopted by developing and developed
countries to overcome the crisis?
Lesson 9: Productivity and Economic Growth in Egypt
1- What are the main sources of growth in Egypt during 1971-2011?
2- What is the role played by productivity in the Egyptian growth
experience, while emphasizing the impact of adopted trade strategies (EP
and IS) and the quality of institutions (GCI and doing business) on
productivity?