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Learner Reviews & Feedback for The Korean Economic Development by Yonsei University

363 ratings

About the Course

You will review the evolution of the Korean economy decade by decade since Korea’s independence from Japan in 1945. Major policies of each decade will be explained and their effect on the Korean economy will be analyzed. Also, the backgrounds and limitations of important policies will be scrutinized. By doing so, you will be able to compare the Korea experience with the other developing countries’. 1. You will be able to explain how the miracle of the Korean economic development was made possible. 2. By examining internal and external conditions behind the decision making of major policies in Korea, you will be able to draw lessons that can be applicable to today’s developing countries. 3. You can explain how the Korean economy has interacted with the global economy in the past. 4. You can observe how economic theories and models can be applied to the Korean case....

Top reviews


Aug 3, 2021

Dear Professor,

Thank you for this quick glance study for Korean Economic Development it helps me much to fully understanding of Korea and their tackling challenge to be a developed country. :)


Jun 30, 2017

This was a really fun course. I really enjoyed it a lot. I could understand easily. There wasnt too much of overwhelming information presented in a boring way. It was a really nice.

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1 - 25 of 95 Reviews for The Korean Economic Development

By Soraia M

Sep 30, 2020

Professor Doo Woo Lee, thank you so much for your meaningful insights. It helped me deepen my knowledge about economic developments in South Korea, its backgrounds, and how measures were taking.

By Diana C M H

Aug 24, 2018

This is an excellent background of Korea's History in economic area. You can take as example of poverty till development and see that correct decisions lead to a development future

By John S K

Aug 27, 2017

This course offered a simple yet comprehensive overview of the South Korean Economic Development following World War II. From the very beginning, the professor and video series promised a non-biased perspective laying out what happened along with the popular scholarly thoughts from many viewpoints. The class was just about such. All of the assignments and videos demonstrated what the South Korean economy went through while critically asking whether such ideas were unique to South Korea or able to be copied! The professor gave a truthful view nicely explaining Park Chung Hee's economic reforms. He is often portrayed by revisionist scholars as a hard dictator when such wasn't necessarily the case. How such reforms set the pad for growth continuing into the 1990s is well-explained too. Important implications along with simple yet key facts about where South Korea stands are exp

By Evan B

Dec 2, 2016

Probably a 4.5 from me. It's a good overview of the (South) Korean economy after WW II. It doesn't require any real economics background, so no diagrams or in depth economic discussion. I feel like I got what I wanted out of it. It probably adds up to 3 hours of video with some short quizzes throughout and short answer at the end.

By Emma B

Apr 2, 2020

Lectures give a basic overview of the history behind this development with many sources cited for those who want further study. Professor is very knowledgable about the subject and presents the material matter of factly in a very easy to digest fashion. Quizzes are simple but require analytical thinking, very enjoyable course!

By Nikita j

Jul 1, 2017

This was a really fun course. I really enjoyed it a lot. I could understand easily. There wasnt too much of overwhelming information presented in a boring way. It was a really nice.

By Nazanin M

Aug 25, 2020

South Korea was the most interesting country for me. And finally i learned this country's development secrets. This course helped me a lot, that's great! Thanks))

By Carlos Z

Jun 19, 2017

It is very useful. This change the vision of the way that a developing country need to follow.

By Guido D

May 3, 2020

Although some topics were really interesting, it seemed too orthodox in terms of economic development. For example, the absence of the concept of chaebols really surprised me.


Aug 14, 2023

I want to thank Professor Doowon Lee for the enlightening course on the economic history of Korea that he has provided us. I would be delighted to learn more about Korea, as it's a country I plan to visit soon and want to deepen my understanding. Nevertheless, I congratulate him on the work presented and the ease of learning through engaging audio-visual materials. Thank you for your time!

By Karin O

Jun 23, 2017

Excelente curso, espero poder inscribirme a otro curso de esta universidad. Acerca del curso muy bien enfocado en los temas y bien explicados por el profesor.

Excellent course, I hope to enroll in another course of this university. About the course very well focused on the topics and well explained by the teacher.

By Francesca A

Feb 28, 2017

Great course. Not only it gives the promised understanding of the korean economic developent, but Professor Lee speaks a great english, and he was able to explain economic terms and concept in such a way that everyone can understand them, even students who prevviously knew nothing of economics.

By Lore A

Sep 2, 2022

Aprendí mucho sobre el desarrollo de Corea, y al seguir el curso con las explicaciones bien hechas por el Profesor Doo Won Lee, pude desarrollar ideas de como implementar aspectos aprendidos a la realidad de mi propio país. Estoy tremendamente agradecida por este curso.

By Lzt B

Dec 3, 2021

I thoroughly enjoyed the course. It was easy to follow and clearly presented. I especially enjoyed the course being presented in the various years, 1950s, 1960s, 1970s etc. It made understanding much easier. Thank you for giving us a wonderful course to follow.

By Sebai a

Feb 16, 2022

i am so glad that I enrolled in this course as it was so informative and helped me get a more clear look on how the economic development of south Korea and how rhe impossible could e possible if we made the right effective strategies and follow them seriously

By Yalın A

Jun 18, 2020

This is a fantastic overview course on the Korean economy, looking into both its development and its challenges and crises. I would strongly encourage those interested in Korea to take this course as a good primer on the economics of modern Korea.

By Fawad N

Aug 15, 2016

A great and inspirational success story of a fund receiving country to a fund giver country. I strongly recommend this course for every student of developing countries. It worth to complete this course and learn how South Korea changed positively.

By Sebastian K

Jun 6, 2022

Professor Doo Won Lee from Yonsei University has done a fantastic job of presenting The Miracle on the Han River. I have found tremendous pleasure in passing this course, which explains why I've completed in less than a week! Highly recommend it.

By Abeywardena, H

Nov 15, 2020

A very good course to get an understanding of how South Korea developed amidst various challenges. I would recommend this course to anyone in Korea. Great work by Prof. Doo Won Lee and the Yonsei University. Thank you for this great course.

By Ammy K P R

Sep 14, 2020

This course was incredible. From the very beginning to the end, I learned so much with professor Lee. He explains everything in detail and shows the precise information that can help you understand better the context of everything.

By Maria E N F

Nov 11, 2022

Grateful for the opportunity to study the Korean Economic Development. It’s a very broad history and the course allowed me to learn a part of it. Thank you, professor Doowon, for your time and knowledge.

I recommend this course.

By Amnuaysak T

Jul 7, 2023

The course is quite good about Korean economic

developments from dire poverty in 1945 after

independence from Japan in 1945 to today’s date prosperity

All economic planners of many nations , interested people can learn from it.

By henry e

Nov 2, 2019


By José F S L R

Feb 22, 2018

The course was very well designed and the professor was logical, coherent and made his ideas easy to follow. I highly recommend this course if you are interested in understanding in a complete way how Korea developed.

By Christin K P

Jan 9, 2020

The information in this course was not only interesting but also very useful. In learning about South Korea's strides to improve their economy, I have also learned principles that can be applied to my country.