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* This Unit Outline should be read in conjunction with the Business School Unit Outline Supplement available on the Current Students web site http://www.business.uwa.edu.au/students
Welcome to ECON2203 Asia in the World Economy. Your lecturer is Associate Professor Dr Abu Siddique whose teaching and research interests centre around economies of developing countries, with special focus on the Asia-Pacific region. His main teaching objective is to assist his students to develop a critical mind and improve their level of understanding of the subjects that he teaches. He has taught both locally and internationally at both undergraduate and postgraduate levels over three decades. In recognition of his performance as an effective and excellent lecturer, he received UWA’s prestigious Excellence in Teaching Award Commendation in 2000 and was nominated for the Excellence in Teaching Award for the category of Postgraduate Coursework in 2007 and for the categories of Undergraduate Coursework and Programs that Enhance Learning in 2008. He has also received the Faculty Teaching Award in the category of “Citation for Outstanding Contributions to Student Learning” in 2008 and is a UWA nominee for the ALTC Awards in 2011. It is his expectation that you enjoy this unit throughout the semester.
This unit introduces students to the role of Asian economies in the world economy. It investigates the recent growth of these economies and the reasons, both internal and external, for it. The current relationship between these economies and the rest of the world as well as regional integration are investigated. The economic relationship between the Australian and Asian economies and the economic opportunities that this provides are also examined.
This course provides an assessment of progress of Asia from an economic perspective. Students are introduced to some of the issues relating to economic growth in Asia (including transition economies) since 1960. This includes examining historical aspects of economic growth since the 1960s and the Asian economic crisis in 1997. Current issues concerning the move towards regional integration are examined. The consequences of economic development on the environment are debated and some approaches to mitigate environmental degradation are put forward. Finally, Australia’s position in Asia is viewed with reference to their trading relationship. This is essentially an applied course. That is, while formal economic models are used, most of the material covered is descriptive. The descriptive analyses are specific in nature, however. In order to explain dynamism in the region application of statistical data is employed. Students are not required to memorise data rather an understanding of the overall trend or pattern is important.
On successful completion of Asia in the World Economy (ECON2203), students should at least be able to:
In this unit, you will be provided with the opportunity to