ECON 7052 - East Asian Economies IID
North Terrace Campus - Semester 2 - 2015
General Course Information
Course Code ECON 7052 Course East Asian Economies IID Coordinating Unit School of Economics Term Semester 2 Level Postgraduate Coursework Location/s North Terrace Campus Units 3 Contact Up to 3 hours per week. Intensive when taken in Winter Semester Available for Study Abroad and Exchange Y Assumed Knowledge Introductory Microeconomics & Macroeconomics or Asian Studies, or equivalent Course Description The course is designed to introduce students to the economic and political nature and structure of the economies of East Asia. It will examine the mechanisms which shape their economic activity as well as various socio-economic factors in the development of their economic institutions. The contribution of these institutions to economic growth will also be closely examined.
Course Coordinator: Associate Professor Mandar OakWinter School
Dr. Sothea Oum
Location: Room 3.35, Level 3 Nexus 10 (10 Pulteney St)
Telephone: 8313 4932
Consultation hours: To be confirmed
Associate-Professor Mandar Oak
Location: Room 3.37, Level 3 Nexus 10 (10 Pulteney St)
Telephone: 8313 49666
Consultation hours: To be confirmed
Professor Richard Pomfret
Location: Room 4.36, Level 3 Nexus 10 (10 Pulteney St)
Telephone: 8313 4751
Consultation hours: To be confirmed
The full timetable of all activities for this course can be accessed from Course Planner.
Course Learning OutcomesBy the end of this course, you should be able to:
1. Explain the nature and structure of the economies of East Asia.
2. Understand the socio-economic and political forces shaping the economies in the region.
3. Analyse current issues and future challenges in East Asian economies from a political economy perspective and within a global context.
4. Compile relevant information from a wide range of sources from various disciplines pertaining to East Asia.
5.Formulate and communicate the policy lessons (positive and negative) emanating from the East Asian growth experience.
University Graduate Attributes
This course will provide students with an opportunity to develop the Graduate Attribute(s) specified below:
University Graduate Attribute Course Learning Outcome(s) Knowledge and understanding of the content and techniques of a chosen discipline at advanced levels that are internationally recognised. 1,2,3 The ability to locate, analyse, evaluate and synthesise information from a wide variety of sources in a planned and timely manner. 3,4 An ability to apply effective, creative and innovative solutions, both independently and cooperatively, to current and future problems. 3,5 Skills of a high order in interpersonal understanding, teamwork and communication. 5 A proficiency in the appropriate use of contemporary technologies. 3,4,5 A commitment to continuous learning and the capacity to maintain intellectual curiosity throughout life. 3,4,5 A commitment to the highest standards of professional endeavour and the ability to take a leadership role in the community. 3,4,5 An awareness of ethical, social and cultural issues within a global context and their importance in the exercise of professional skills and responsibilities. 5
Required ResourcesThere is no specific textbook for this course. However, students are expected to read some required reading materials before the lectures.
The reading list is subject to revision and available on MyUni. Students can access some journal articles from the library’s homepage. Note that some articles are available on the internet.
There will be no additional university funded printing quota allocated to students enrolled in this course. Therefore, students should carefully consider the number of articles they plan to print. We recommend you to read the articles online and take notes on important points. Not only you can save the paper (and the earth) but also you can reduce the amount of readings to do before the exam.
Recommended ResourcesAny additional recommended resources will be announced on MyUni.
Online LearningThe course makes extensive use of MyUni for purposes including the posting of lecture notes, and important announcements. It is expected that all students will regularly check the MyUni course website, and regularly check their university email accounts.
Learning & Teaching Activities
Learning & Teaching ModesStudents are required to attend all lectures. The material is cumulative and intensive, so it is highly undesirable to miss any lecture.
The lectures involve extensive group discussions.
The course assessment includes quiz in Week 2 and final exam in Week 3.
To discuss questions and problems, teaching staff can be contacted by email. Students may also come to their offices during consultation hours or by appointment.
The information below is provided as a guide to assist students in engaging appropriately with the course requirements.The University expects full-time students (ie those taking 12 units per semester) to devote a total of 48 hours per week to their studies. This course is the equivalent of a 3 unit load so this means that, for this course, you are expected to commit approximately 12 hours per week to this course, including contact hours.
Learning Activities Summary
(This is a tentative list of topics and a sketch of the time-table. Please note that the actual material may vary.)
Week 1: Understanding the East Asian miracle
Week 2: Sources of long run economic growth (and the implications for the East Asian economies)
Week 3: Growth, development and structural change in East Asia
Week 4: Financial development and financial crisis in East Asia
Week 5: Lessons for other developing economies: the case of India
Week 6: Catch-up, additional topics and review
Week 7: Mid-term Exam
Week 8: Japan and China
Week 9: Evolution of Trade in East Asia, Introduction
Week 10: Regional Value Chains and Factory Asia
Week 11: Regional Integration in East Asia
Week 12: Formerly Centrally Planned Economies
The University's policy on Assessment for Coursework Programs is based on the following four principles:
- Assessment must encourage and reinforce learning.
- Assessment must enable robust and fair judgements about student performance.
- Assessment practices must be fair and equitable to students and give them the opportunity to demonstrate what they have learned.
- Assessment must maintain academic standards.
Assessment SummaryMid semester exam (Week 7)
Date and time: TBA
This exam will assess the topics of Weeks 1 to 5.
Date and time: TBA
This exam will put an approximate weight of 80% on the topics covered in weeks 6 through 12 and 20% weight on the topics covered in weeks 1 through 5.
Tutorial Participation 20%
Each tutorial section will be divided into 4 groups. In any session, one group will be the “presenter”, i.e., in charge of presenting the assigned article and for leading the discussion. Other groups, the “participants”, are supposed to comment and participate in the discussion. The details of the exact weight assigned for the presenters and the participants will be discussed during the first lecture.
See the MyUni page for further details of the assessment rubric.
Assessment Related RequirementsThere is no replacement exam available for missing the mid-term. In the event a student cannot sit the mid-term exam, their final exam will count towards 80% of the final grade (with the tutorials counting for the remaining 20%).
Assessment DetailSee assessment summary.
Grades for your performance in this course will be awarded in accordance with the following scheme:
M10 (Coursework Mark Scheme) Grade Mark Description FNS Fail No Submission F 1-49 Fail P 50-64 Pass C 65-74 Credit D 75-84 Distinction HD 85-100 High Distinction CN Continuing NFE No Formal Examination RP Result Pending
Further details of the grades/results can be obtained from Examinations.
Grade Descriptors are available which provide a general guide to the standard of work that is expected at each grade level. More information at Assessment for Coursework Programs.
Final results for this course will be made available through Access Adelaide.Additional Assessment
If a student receives 45-49 for their final mark for the course they will automatically be granted an additional assessment. This will most likely be in the form of a new exam (Additional Assessment) and will have the same weight as the original exam unless an alternative requirement (for example a hurdle requirement) is stated in this semester’s Course Outline. If, after replacing the original exam mark with the new exam mark, it is calculated that the student has passed the course, they will receive 50 Pass as their final result for the course (no higher) but if the calculation totals less than 50, their grade will be Fail and the higher of the original mark or the mark following the Additional Assessment will be recorded as the final result.
The University places a high priority on approaches to learning and teaching that enhance the student experience. Feedback is sought from students in a variety of ways including on-going engagement with staff, the use of online discussion boards and the use of Student Experience of Learning and Teaching (SELT) surveys as well as GOS surveys and Program reviews.
SELTs are an important source of information to inform individual teaching practice, decisions about teaching duties, and course and program curriculum design. They enable the University to assess how effectively its learning environments and teaching practices facilitate student engagement and learning outcomes. Under the current SELT Policy (http://www.adelaide.edu.au/policies/101/) course SELTs are mandated and must be conducted at the conclusion of each term/semester/trimester for every course offering. Feedback on issues raised through course SELT surveys is made available to enrolled students through various resources (e.g. MyUni). In addition aggregated course SELT data is available.
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