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 TypeTitleResource RequirementAuthor and YearPublisher
ReadingsPrinciples of MacroeconomicsPrescribedStonecash, 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

Select to view your study options…

Start date between: and    Key dates

France, 2016, Week 11-26, Distance Education

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorDarren Henry

Class requirements

Lecture Week: 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 elementComments% ILO*
Essay20 01, 02, 03, 04, 05, 06
Tutorial questions10 01, 02, 03, 04, 05, 06
one 2-hour final examination (hurdle)70 01, 02, 03, 04, 05, 06