eco3awe asia in the world economy
ASIA IN THE WORLD ECONOMY
ECO3AWE
2016
Credit points: 15
Subject outline
Introduces students to the study of the economy as a whole and to the economic way of thinking. Topics include: national income accounting, consumption and investment demand, government spending, exports and imports, aggregate demand and supply, money and banking, fiscal and monetary policy, alternative macroeconomic theories, the balance of payments, national and foreign debt, inflation, unemployment, productivity and economic growth.
SchoolLa Trobe Business School
Credit points15
Subject Co-ordinatorJoanna Poyago-Theotoky
Available to Study Abroad StudentsYes
Subject year levelYear Level 3 - UG
Exchange StudentsYes
Subject particulars
Subject rules
PrerequisitesN/A
Co-requisitesN/A
Incompatible subjectsN/A
Equivalent subjectsN/A
Special conditionsN/A
Learning resources
Readings
| Resource Type | Title | Resource Requirement | Author and Year | Publisher |
|---|---|---|---|---|
| Readings | Principles of Macroeconomics | Prescribed | Stonecash, R., Gans, J., King, S., Mankiw, N.; | CENGAGE LEARNING 5TH EDITION (2011) |
Graduate capabilities & intended learning outcomes
01. Analyse the impact of growth strategies and developments on poverty and inequality.
- Activities:
- Lectures; tutorial questions and discussion. Assessment: Final examination (short and long answer questions); written essay and assessed tutorial questions.
- Related graduate capabilities and elements:
- Critical Thinking(Critical Thinking)
- Creative Problem-solving(Creative Problem-solving)
- Teamwork(Teamwork)
- Inquiry/ Research(Inquiry/ Research)
02. Analyse the trends in trade and investment patterns and business environment in Asia, including the nature of production networks in Asia.
- Activities:
- Lectures; tutorial questions and discussion. Assessment: Final examination (short and long answer questions); written essay and assessed tutorial questions.
- Related graduate capabilities and elements:
- Inquiry/ Research(Inquiry/ Research)
- Teamwork(Teamwork)
- Critical Thinking(Critical Thinking)
- Creative Problem-solving(Creative Problem-solving)
03. Contrast the causes and outcomes of the Asian economic crisis of 1997 and likely impact of current global crisis on Asia.
- Activities:
- Lectures; tutorial questions and discussion. Assessment: Final examination (short and long answer questions); written essay and assessed tutorial questions.
- Related graduate capabilities and elements:
- Inquiry/ Research(Inquiry/ Research)
- Creative Problem-solving(Creative Problem-solving)
- Critical Thinking(Critical Thinking)
- Teamwork(Teamwork)
04. Develop a range of generic skills to analyse, synthesise and critically assess comp ex material, in critical thinking, logic and argument, and in oral and written communication.
- Activities:
- Lectures; tutorial questions and discussion. Assessment: Final examination (short and long answer questions); written essay and assessed tutorial questions.
- Related graduate capabilities and elements:
- Inquiry/ Research(Inquiry/ Research)
- Critical Thinking(Critical Thinking)
- Teamwork(Teamwork)
- Creative Problem-solving(Creative Problem-solving)
05. Explain the historical evolution, development strategies and current circumstances of the Japanese, Chinese and Indian economies, and selected Southeast Asian economies.
- Activities:
- Lectures; tutorial questions and discussion. Assessment: Final examination (short and long answer questions); written essay and assessed tutorial questions.
- Related graduate capabilities and elements:
- Creative Problem-solving(Creative Problem-solving)
- Inquiry/ Research(Inquiry/ Research)
- Critical Thinking(Critical Thinking)
- Teamwork(Teamwork)
06. Explain the nature and evolution of economic links between Australia and the Asian economies.
- Activities:
- Lectures; tutorial questions and discussion. Assessment: Final examination (short and long answer questions); written essay and assessed tutorial questions.
- Related graduate capabilities and elements:
- Teamwork(Teamwork)
- Critical Thinking(Critical Thinking)
- Creative Problem-solving(Creative Problem-solving)
- Inquiry/ Research(Inquiry/ Research)
Subject options
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France, 2016, Week 11-26, Distance Education
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Enrolment information
Subject Instance Co-ordinatorDarren Henry
Class requirements
LectureWeek: 11 - 26
One 3.0 hours lecture per week on weekdays during the day from week 11 to week 26 and delivered via face-to-face.
Assessments
| Assessment element | Comments | % | ILO* |
|---|---|---|---|
| Essay | 20 | 01, 02, 03, 04, 05, 06 | |
| Tutorial questions | 10 | 01, 02, 03, 04, 05, 06 | |
| one 2-hour final examination (hurdle) | 70 | 01, 02, 03, 04, 05, 06 |