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.

School: La Trobe Business School (Pre 2022)

Credit points: 15

Subject Co-ordinator: Joanna Poyago-Theotoky

Available to Study Abroad/Exchange Students: Yes

Subject year level: Year Level 2 - UG

Available as Elective: No

Learning Activities: N/A

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

Learning resources

The Age of Extremes

Resource Type: Book

Resource Requirement: Recommended

Author: E.J. Hobsbawm

Year: 1994

Edition/Volume: N/A

Publisher: ABACUS

ISBN: N/A

Chapter/article title: N/A

Chapter/issue: N/A

URL: N/A

Other description: N/A

Source location: 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

INQUIRY AND ANALYSIS - Critical Thinking and Problem Solving
INQUIRY AND ANALYSIS - Research and Evidence-Based Inquiry

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.
02. Apply your deep knowledge of modern economic history to policy issues that you will confront in your future professional careers.
03. Develop skills in critical analysis that will enable you to form your own opinions on these controversies.
04. Learn about important contemporary and current controversies in economic history.
Subject not currently offered - Subject options not available.