eco2mwe modern world economy
MODERN WORLD ECONOMY
ECO2MWE
Not currently offered
Credit points: 15
Subject outline
This subject will focus on major changes in the international economy in the period since 1900, in particular, the ideological clash between governments and free markets for control over the economy. Topics include: (i) Economic impact of two World Wars and post war reconstruction; (ii) Great Depression and Keynesian macroeconomics; (iii) Russian Revolution, Stalinist industrialisation and collapse of the USSR; (iv) Long post war boom and stagflation; (v) Rise and fall of Japan; emergence of China; Asian Financial Crisis; (vi) Global Finance Crisis. This subject has a strong focus on qualitative aspects of Economics and requires advanced reading, writing and analytical skills.
SchoolLa Trobe Business School
Credit points15
Subject Co-ordinatorJoanna Poyago-Theotoky
Available to Study Abroad StudentsYes
Subject year levelYear Level 2 - 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 | The Age of Extremes | Recommended | E.J. Hobsbawm | ABACUS 1994 |
Graduate capabilities & intended learning outcomes
01. Acquire basic factual information about the development of the world economy and the impact of wars, business cycles and major political upheavals on economic change.
- Activities:
- TBE
- Related graduate capabilities and elements:
- Inquiry/ Research(Inquiry/ Research)
- Critical Thinking(Critical Thinking)
02. Apply your deep knowledge of modern economic history to policy issues that you will confront in your future professional careers.
- Activities:
- TBE
- Related graduate capabilities and elements:
- Inquiry/ Research(Inquiry/ Research)
- Critical Thinking(Critical Thinking)
03. Develop skills in critical analysis that will enable you to form your own opinions on these controversies.
- Activities:
- TBE
- Related graduate capabilities and elements:
- Critical Thinking(Critical Thinking)
- Inquiry/ Research(Inquiry/ Research)
04. Learn about important contemporary and current controversies in economic history.
- Activities:
- TBE
- Related graduate capabilities and elements:
- Critical Thinking(Critical Thinking)
- Inquiry/ Research(Inquiry/ Research)
Subject options
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