Available in 2012
|Callaghan Campus||Semester 2|
Previously offered in 2013, 2011, 2010
Why are some countries rich and others poor? The course aims to answer this question by examining diverse frameworks for the economic development of different nations, particularly, the newly industrialised and emerging economies. While analysing the dynamics of economic growth and development, the course examines issues in economic underdevelopment and economic transition in a historical context. In addition, the role of institutions in economic development is discussed by drawing examples of countries under varied economic systems and development strategies. Case studies are drawn from across the world, in particular from Asia, Africa, and Latin America. A critical analysis is made with respect to the roles and interventions of international trade and financial institutions (such as the World Trade organisation, International Monetary Fund and the World Bank) in the design and implementation of development strategies. Governance issues and the activities of Non-Government Organisations and their impact on social and economic development are reviewed. Attention is also given to the impact of sustained economic growth in the developing world and industrialised countries such as Australia.
On successful completion of this course, students will be able to:
1. Demonstrate an understanding of the major theories, models and approaches to economic growth and development.
2. Identify the contemporary issues in economic growth and development.
3. Exhibit an awareness of the implications of the sustained economic growth in developing countries for global prosperity, security and the environment.
4. Analyse critically development strategies, policies and issues.
Lectures may include, but are not restricted to, the following topics:
1. Major theories, models and approaches to economic growth and development
2. Economic and agricultural transformation
3. Rural urban migration
4. Urbanisation and industrialisation
5. International trade and investment
6. Poverty and income inequality
7. Education, health and population growth
8. Role of international organisations in economic development
9. Role of non-government organisations in economic development
10.Role of institutions in economic growth
11.Issues in transition economies
This course replaces ECON2330/ECON3330 Asian Business Development
This course is not available to students who have successfully completed ECON2330/ECON3330.
Modes of Delivery
Lecture: for 2 hour(s) per Week for Full Term
Tutorial: for 1 hour(s) per Week for 12 weeks