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/Exchange StudentsYes

Subject year levelYear Level 2 - UG

Available as ElectiveNo

Learning ActivitiesN/A

Capstone subjectNo

Subject particulars

Subject rules

PrerequisitesN/A

Co-requisitesN/A

Incompatible subjectsN/A

Equivalent subjectsN/A

Quota Management StrategyN/A

Quota-conditions or rulesN/A

Special conditionsN/A

Minimum credit point requirementN/A

Assumed knowledgeN/A

Readings

The Age of Extremes

Resource TypeRecommended

Resource RequirementN/A

AuthorE.J. Hobsbawm

Year1994

Edition/VolumeN/A

PublisherABACUS

ISBNN/A

Chapter/article titleN/A

Chapter/issueN/A

URLN/A

Other descriptionN/A

Source locationN/A

Career Ready

Career-focusedNo

Work-based learningNo

Self sourced or Uni sourcedN/A

Entire subject or partial subjectN/A

Total hours/days requiredN/A

Location of WBL activity (region)N/A

WBL addtional requirementsN/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 options

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Subject not currently offered - Subject options not available.