Students
ECON3098 – The Asian Economies
2021 – Session 2, Special circumstances
Session 2 Learning and Teaching Update
The decision has been made to conduct study online for the remainder of Session 2 for all units WITHOUT mandatory on-campus learning activities. Exams for Session 2 will also be online where possible to do so.
This is due to the extension of the lockdown orders and to provide certainty around arrangements for the remainder of Session 2. We hope to return to campus beyond Session 2 as soon as it is safe and appropriate to do so.
Some classes/teaching activities cannot be moved online and must be taught on campus. You should already know if you are in one of these classes/teaching activities and your unit convenor will provide you with more information via iLearn. If you want to confirm, see the list of units with mandatory on-campus classes/teaching activities.
Visit the MQ COVID-19 information page for more detail.
General Information
Download as PDF
| Unit convenor and teaching staff |
Unit convenor and teaching staff
Unit Convenor
Alexander Blair
Contact via email
Room 450, Level 4, 4ER Building, 4 Eastern Road
Consultation hours will be advised via i-Learn
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|---|---|
| Credit points |
Credit points
10
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| Prerequisites |
Prerequisites
130cp at 1000 level or above including ((ECON110 or ECON111 or ECON1020) and 20cp at 2000 level or above)
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| Corequisites |
Corequisites
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| Co-badged status |
Co-badged status
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| Unit description |
Unit description
This unit focuses on the three major economies of the Asian region: Japan, the Republic of Korea, and the People’s Republic of China. It covers their distinctive contemporary business and economic institutions, such as sogo shosha and chaebol, and those of the recent past including zaibatsu and Chinese TVEs. The unit goes beyond description, to provide theory to explain why such institutions exist, often uniquely to the region. It approaches the major economies of East Asia as an exercise in applied economic theory, and as an introduction to basic models in development economics. It further draws on economic models to explain how these economies achieved rapid ‘Miracle’ economic growth, and raised per capita incomes from the lowest to amongst the highest in the world. Some of the economic theory will be familiar to students, some of it encountered for the first time, but in either case it will be taught from first principles with no assumed knowledge. |
Important Academic Dates
Information about important academic dates including deadlines for withdrawing from units are available at https://www.mq.edu.au/study/calendar-of-dates
Learning Outcomes
On successful completion of this unit, you will be able to:
- ULO1: Analyse and explain the development strategy and growth path that created the economic institutions of Japan, the East Asian Tigers and other Asian economies.
- ULO2: Critically discuss the reasoning behind the key theories underlying development economics in an East Asian context.
- ULO3: Apply macroeconomic and microeconomic theory to analyse the past behaviour and future growth prospects of the Asian economies.
Assessment Tasks
| Name | Weighting | Hurdle | Due |
|---|---|---|---|
| Online Introductory Test | 10% | No | Thursday Week 4 |
| Mid-session Test (Online) | 30% | No | Thursday Week 8 |
| Modelling Exercise | 20% | No | Monday Week 12 |
| Online Final Examination | 40% | No | As per University examination timetable |
Online Introductory Test
Assessment Type 1: Quiz/Test
Indicative Time on Task 2: 5 hours
Due: Thursday Week 4
Weighting: 10%
A short online open book Test will be held during tutorial time, comprising short answer questions testing essential mathematical and other skills, and administered via iLearn.
On successful completion you will be able to:
- Apply macroeconomic and microeconomic theory to analyse the past behaviour and future growth prospects of the Asian economies.
Mid-session Test (Online)
Assessment Type 1: Quiz/Test
Indicative Time on Task 2: 15 hours
Due: Thursday Week 8
Weighting: 30%
An open book online test will be conducted mid-session. It will comprise short answer questions and cover material presented in the first half of Session.
On successful completion you will be able to:
- Analyse and explain the development strategy and growth path that created the economic institutions of Japan, the East Asian Tigers and other Asian economies.
- Critically discuss the reasoning behind the key theories underlying development economics in an East Asian context.
Modelling Exercise
Assessment Type 1: Modelling task
Indicative Time on Task 2: 15 hours
Due: Monday Week 12
Weighting: 20%
This exercise will involve building a basic model of a developing economy, based on the templates provided in lectures.
On successful completion you will be able to:
- Apply macroeconomic and microeconomic theory to analyse the past behaviour and future growth prospects of the Asian economies.
Online Final Examination
Assessment Type 1: Examination
Indicative Time on Task 2: 20 hours
Due: As per University examination timetable
Weighting: 40%
A two-hour open book exam will be held during the University Examination Period, comprising short answer and long answer questions, and administered via iLearn.
On successful completion you will be able to:
- Analyse and explain the development strategy and growth path that created the economic institutions of Japan, the East Asian Tigers and other Asian economies.
- Critically discuss the reasoning behind the key theories underlying development economics in an East Asian context.
- Apply macroeconomic and microeconomic theory to analyse the past behaviour and future growth prospects of the Asian economies.
1 If you need help with your assignment, please contact:
- the academic teaching staff in your unit for guidance in understanding or completing this type of assessment
- the Writing Centre for academic skills support.
2 Indicative time-on-task is an estimate of the time required for completion of the assessment task and is subject to individual variation
Delivery and Resources
There will be a two-hour lecture, and one hour of tutorial in the student's allocated tutorial time. Further details regarding the delivery of the lecture and tutorial will be available on i-Learn near the beginning of Session. There is no prescribed textbook for the unit. All unit reading materials will be available online.
Policies and Procedures
Macquarie University policies and procedures are accessible from Policy Central (https://policies.mq.edu.au). Students should be aware of the following policies in particular with regard to Learning and Teaching:
- Academic Appeals Policy
- Academic Integrity Policy
- Academic Progression Policy
- Assessment Policy
- Fitness to Practice Procedure
- Grade Appeal Policy
- Complaint Management Procedure for Students and Members of the Public
- Special Consideration Policy
Students seeking more policy resources can visit Student Policies (https://students.mq.edu.au/support/study/policies). It is your one-stop-shop for the key policies you need to know about throughout your undergraduate student journey.
To find other policies relating to Teaching and Learning, visit Policy Central (https://policies.mq.edu.au) and use the search tool.
Student Code of Conduct
Macquarie University students have a responsibility to be familiar with the Student Code of Conduct: https://students.mq.edu.au/admin/other-resources/student-conduct
Results
Results published on platform other than eStudent, (eg. iLearn, Coursera etc.) or released directly by your Unit Convenor, are not confirmed as they are subject to final approval by the University. Once approved, final results will be sent to your student email address and will be made available in eStudent. For more information visit ask.mq.edu.au or if you are a Global MBA student contact globalmba.support@mq.edu.au
Student Support
Macquarie University provides a range of support services for students. For details, visit http://students.mq.edu.au/support/
Learning Skills
Learning Skills (mq.edu.au/learningskills) provides academic writing resources and study strategies to help you improve your marks and take control of your study.
The Library provides online and face to face support to help you find and use relevant information resources.
Student Services and Support
Students with a disability are encouraged to contact the Disability Service who can provide appropriate help with any issues that arise during their studies.
Student Enquiries
For all student enquiries, visit Student Connect at ask.mq.edu.au
If you are a Global MBA student contact globalmba.support@mq.edu.au
IT Help
For help with University computer systems and technology, visit http://www.mq.edu.au/about_us/offices_and_units/information_technology/help/.
When using the University's IT, you must adhere to the Acceptable Use of IT Resources Policy. The policy applies to all who connect to the MQ network including students.
Unit information based on version 2021.02 of the Handbook