A Korea-born American who heads Pyongyang's only private university is trying to teach students in the Democratic People's Republic of Korea about market economies.

The Pyongyang University of Science and Technology, co-founded by Park Chan-mo, is teaching dozens of DPRK citizens about modern market economies, something the state has managed for decades to avoid.

"I want whatever they learn to be used to revive their country's economy," Park said in an interview.