ECX2631 · The Australian economy

Overview

This unit will examine the experience of the Australian economy past, present, and future to better understand the development of the country’s economy and its place in the world via examining the changing economic structures, resource booms, trade relations, geopolitical challenges, the environment and sustainability, and the labour market. It will analyse the integration of Australia into the global economy, the changing structure of the domestic economy and its industries, and the impacts on economic growth including the effects of path dependent factors on current economic policy. The unit will also consider factors that will impact Australian economy into the future.

Offerings

Assessment

The Handbook lists an examination for this unit.

Assessment details may change. Please refer to the assessment information in Moodle closer to the start of the teaching period.

Requisites

The Handbook lists no prerequisite, corequisite or prohibition for this unit.

Learning outcomes

1. demonstrate a sound understanding of the historical evolution of the Australian economy in the context of domestic and international opportunities and challenges
2. critically review Australia’s approaches to these opportunities and challenges over the 20th and 21st centuries and their implications for economic growth
3. critically assess the opportunities and challenges faced by Australia in the global economy brought about by changing economic structures, trade, the environment and sustainability, and labour markets.

Workload

Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. You are expected to complete all pre-class activities prior to your scheduled class, and post-class activities should be completed after your scheduled class. Learning activities may include a combination of teacher directed, peer directed and online engagement activities.

Student experience, not official rules. Nothing here changes what the Handbook says.