ECONOMIC DEVELOPMENT AND POLICY

ECO2EDC

2020

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 (Pre 2022)

Credit points: 15

Subject Co-ordinator: Julio Mancuso Tradenta

Available to Study Abroad/Exchange Students: Yes

Subject year level: Year Level 2 - UG

Exchange Students: No

Available as Elective: Yes

Learning Activities: Activities include: reading, home study, group based problem solving, workshops and open space for class and group based discussion and debate

Capstone subject: No

Subject particulars

Subject rules

Prerequisites: N/A

Co-requisites: N/A

Incompatible subjects: N/A

Equivalent subjects: N/A

Quota Management Strategy: N/A

Quota-conditions or rules: N/A

Special conditions: N/A

Minimum credit point requirement: N/A

Assumed knowledge: N/A

Career Ready

Career-focused: No

Work-based learning: No

Self sourced or Uni sourced: N/A

Entire subject or partial subject: N/A

Total hours/days required: N/A

Location of WBL activity (region): N/A

WBL addtional requirements: N/A

Graduate capabilities & intended learning outcomes

Graduate Capabilities

COMMUNICATION - Communicating and Influencing

INQUIRY AND ANALYSIS - Creativity and Innovation

INQUIRY AND ANALYSIS - Critical Thinking and Problem Solving

INQUIRY AND ANALYSIS - Research and Evidence-Based Inquiry

Intended Learning Outcomes

01. Analyse the historical context of developing countries to explain its role in the design and implementation of public policies that influence the process of economic development.

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

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

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

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

Melbourne (Bundoora), 2020, Semester 1, Day

Overview

Online enrolment: Yes

Maximum enrolment size: N/A

Enrolment information: N/A

Subject Instance Co-ordinator: Julio Mancuso Tradenta

Class requirements

LectureWeek: 10 - 22
One 2.00 hours lecture per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.

TutorialWeek: 11 - 22
One 1.00 hour tutorial per week on weekdays during the day from week 11 to week 22 and delivered via face-to-face.

Assessments

Assessment element	Comments	Category	Contribution	Hurdle	%	ILO*
Research Plan (500 words)	N/A	Assignment	Individual	No	10	SILO1, SILO2, SILO3, SILO4, SILO5
Group-based Tutorial Tasks (500 word equivalent)	N/A	Other	Group	No	10	SILO1, SILO2, SILO3, SILO4, SILO5
Major Assignment 2000 Words	N/A	Assignment	Individual	No	40	SILO1, SILO2, SILO3, SILO4, SILO5
One 90 Minute Final Exam (1500 word equivalent)	N/A	Other written exam	Individual	No	40	SILO1, SILO2, SILO3, SILO4, SILO5

Sydney, 2020, Study period 1, Day