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ECON244 The International Economy

Updated: 09 December 2009
Credit Points 6
Offering
Responsible Campus Teaching Period Mode of Study Online Level
Armidale Semester 1 Off Campus B - Internet access required
Armidale Semester 1 On Campus B - Internet access required
Intensive School(s) None
Supervised Exam There is a UNE Supervised Examination held at the end of the teaching period in which you are enrolled.
Pre-requisites None
Co-requisites None
Restrictions ECON142 or ECON144 or EH103
Notes None
Combined Units ECON144 - The International Economy
Coordinator(s) Alfons van der Kraan (avanderk@une.edu.au)
Unit Description

This unit provides a comprehensive overview of the development and integration of the world economy in the 19th and 20th centuries. It outlines European economic development and examines cross-border flows of goods, capital and people and the international division of labour. The unit also analyses globalisation, the spread of modern economic growth, and the role of international economic institutions: IMF, World Bank and WTO. It examines the role of regional trade blocs and their impact on the international economy; the rise of Asia, and the environmental impacts of resource development.
Prescribed Material
Mandatory 		Text(s):

Note: Students are expected to purchase prescribed material

A Concise Economic History of the World
ISBN: 9780195127058
Cameron, R., OUP 4th ed. 2002
Text refers to: Semester 1 , On and Off Campus
The Growth of the International Economy
ISBN: 9780415199308
Kenwood, A.G. and Lougheed, A.L., Routledge 4th ed. 1999
Text refers to: Semester 1 , On and Off Campus
Recommended Material
Optional 		Text(s):

Note: Recommended material is held in the University Library - purchase is optional

The Geography of the World Economy
ISBN: 9780340948354
Knox, P., Agnew, J. and McCarthy, L., Hachette 5th ed. 2008
Text refers to: Semester 1 , On and Off Campus
Disclaimer Unit information may be subject to change prior to commencement of the teaching period.
Assessment
Title Exam Length Weight Mode No. Words
Assignment 1 20% 2000
Relates to Learning Outcomes (LO) and Graduate Attributes (GA)
LO: 1-6 GA: 1-4, 6
Assignment 2 20% 2000
Relates to Learning Outcomes (LO) and Graduate Attributes (GA)
LO: 1-6 GA: 1-4, 6
Final Examination 2 hrs 60%
Relates to Learning Outcomes (LO) and Graduate Attributes (GA)
LO: 1-6 GA: 1-4, 6

Learning Outcomes (LO) Upon completion of this unit, students will be able to:
  1. Evaluate the principal reasons for the emergence of the international economy in the 19th century;
  2. Demonstrate an awareness of how globalisation of markets and production; commodity and capital movements; and international migration shaped the world economy;
  3. Demonstrate an understanding of how the international economy developed, altered, ebbed and flowed in the 20th century and the role of the international regulatory institutions (World Bank, IMF and WTO) in the global economy;
  4. Describe factors in the international economy that aided the industrialisation of Asian nations after 1970;
  5. Explain the role of regional trade arrangements such as the European Union (EU);
  6. Analyse the performance of the three main "powerhouses" of the world economy-the US, Japan, and the European Union.

Graduate Attributes (GA)
Attribute Taught Assessed Practised
1 Knowledge of a Discipline
This knowledge of the discipline is extended through the teaching and learning activities of the unit. 		True True
2 Communication Skills
Graduate will be able to communicate effectively. 		True True
3 Global Perspectives
Graduate will be able to demonstrate a global perspective and inter cultural competence in their professional lives. 		True True
4 Information Literacy
Graduate will have developed competencies in information literacy. 		True True
5 Life-Long Learning
Graduates will be prepared for lifelong learning in pursuit of personal and professional development.
6 Problem Solving
Graduates will be effective problem solvers, capable of applying logical, critical and creative thinking to a range of problems. 		True True
7 Social Responsibility
Graduates will be committed to ethical action and social responsibility. 		True True
8 Team Work
Graduates will be able to work collaboratively to achieve common goals. 		True True
   

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