ECONOMICS OF DEVELOPING COUNTRIES

ECO2EDC

2015

Credit points: 15

Subject outline

The aim of this subject is to introduce students to the socio-cultural, political, historical as well as economic values, the metrics and other factors that affect the process of economic growth and development. The objective is for students to be able to explain and analyse the complexities of economic development in a global environment, with a particular focus on developing countries. Why have some countries experienced rapid economic growth while others a lack of growth? Why do some people benefit from economic growth and others do not? Is growth sustainable, or is it the result of depleting natural resources and destroying the natural environment? In completing this subject it is expected students will build on their analytical and problem solving abilities in applying economic principles in a global context, to understand the difficulties facing developing economies. Students will also recognise the diversity of perspectives and values in a world of complex interdependence.

School: La Trobe Business School

Credit points: 15

Subject Co-ordinator: David Walker

Available to Study Abroad Students: Yes

Subject year level: Year Level 2 - UG

Exchange Students: Yes

Subject particulars

Subject rules

Prerequisites: N/A

Co-requisites: N/A

Incompatible subjects: N/A

Equivalent subjects: N/A

Special conditions: N/A

Graduate capabilities & intended learning outcomes

01. Explain how values inform the economic, social and political objectives that influence the process of economic development

Activities:
Activities include: reading, group based problem solving, workshops and open space for class and group based discussion and debate
Related graduate capabilities and elements:
Critical Thinking(Critical Thinking)
Creative Problem-solving(Creative Problem-solving)
Writing(Writing)
Inquiry/ Research(Inquiry/ Research)

02. Evaluate theories of economic growth and development and how they apply in a global context to the analysis of developing countries

Activities:
Activities include: reading, home study, group based problem solving, workshops and open space for class and group based discussion and debate
Related graduate capabilities and elements:
Inquiry/ Research(Inquiry/ Research)
Creative Problem-solving(Creative Problem-solving)
Critical Thinking(Critical Thinking)
Writing(Writing)

03. Examine how population growth, poverty, income inequality, environmental sustainability, international trade, and foreign aid impact on economic development

Activities:
Activities include: reading, home study, group based problem solving, workshops and open space for class and group based discussion and debate
Related graduate capabilities and elements:
Inquiry/ Research(Inquiry/ Research)
Creative Problem-solving(Creative Problem-solving)
Critical Thinking(Critical Thinking)
Writing(Writing)

04. Plan, research and write an economic report assessing the recent economic development of a low income country

Activities:
Activities include a workshop to scaffold the specific skills required for economic research and report writing and the presentation of a poster for peer review
Related graduate capabilities and elements:
Writing(Writing)
Inquiry/ Research(Inquiry/ Research)
Critical Thinking(Critical Thinking)
Creative Problem-solving(Creative Problem-solving)

05. Apply principles in a collaborative team environment to solve complex problems and use research skills to communicate to a range of people with a diversity of views

Activities:
Activities include working collaboratively to solve problems and communicate in both group and class discussions
Related graduate capabilities and elements:
Writing(Writing)
Creative Problem-solving(Creative Problem-solving)
Critical Thinking(Critical Thinking)
Inquiry/ Research(Inquiry/ Research)

Melbourne, 2015, Semester 1, Day

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Enrolment information:

Subject Instance Co-ordinator: David Walker

Class requirements

TutorialWeek: 10 - 22
One 1.0 hours tutorial per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.

LectureWeek: 10 - 22
Two 1.0 hours lecture per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.

Assessments

Assessment elementComments%ILO*
Research Plan (500 words)1001, 02, 03, 04, 05
Group-based Tutorial Tasks1001, 02, 03, 04, 05
Major Assignment 2000 Words4001, 02, 03, 04, 05
One 90 Minute Final Exam4001, 02, 03, 04, 05