ECON 2502 - East Asian Economies II

North Terrace Campus - Winter - 2015

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. Students who do not have a background in economics may take the course.

  • General Course Information
    Course Details
    Course Code ECON 2502
    Course East Asian Economies II
    Coordinating Unit Economics
    Term Winter
    Level Undergraduate
    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
    Incompatible ECON 2003
    Assumed Knowledge ECON 1004 or ECON 1000 or 6 units of Asian Studies courses or equivalent
    Assessment Typically tutorial work or group presentation, and essay and final exam
    Course Staff

    Course Coordinator: Sothea Oum

    Winter School

    Dr. Sothea Oum
    Location: Room 3.35, Level 3 Nexus 10 (10 Pulteney St)
    Telephone: 8313 4932
    Consultation hours: To be confirmed

    Semester 2 

    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
    Course Timetable

    The full timetable of all activities for this course can be accessed from Course Planner.

    Dates Days Time Location
    6, 13, 20 July Monday 9am - 1pm Badger Labs, G31, Macbeth Lecture Theatre
    7, 14, 21 July Tuesday 9am - 1pm Badger Labs, G31, Macbeth Lecture Theatre
    10,17, 24 July Friday 9am - 1pm Badger Labs, G31, Macbeth Lecture Theatre
  • Learning Outcomes
    Course Learning Outcomes

    By 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
  • Learning Resources
    Required Resources
    There is no textbook for this course. Readings for the course are made available via the Student Course Reader as well as in the form of pdf files on MyUni.

    Please note that the Course Readers can now only be purchased online from the new Online Shop. Login to Unified and simply click on the Online Shop icon in the left hand side of the Home page. As soon as the course reader is printed and available, it will be published on the Online Shop where students can order and pay and then collect their reader from the Image & Copy Centre.
    Recommended Resources
    Any additional recommended resources will be announced on MyUni.
    Online Learning
    The 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 Modes
    Students 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 means that, for this winter course, you are expected to commit approximately 10 hours to private study, that is, study outside of your regular classes.
    Learning Activities Summary

    The tentative lecture schedule is presented below. Any major changes to this schedule will be announced in class and on MyUni.

    Day Topic
    Monday 6 Course Preliminaries and Group Formation
    Overview of East Asian Economies: Performances and Major Challenges
    Tuesday 7 East Asian Miracle?
    Structural Change and Industrialisation 
    One hour group discussion
    Friday 10 Role of Institutions, Trade, FDI and Industrial Policy in East Asian Economies
    Monday 13 Weather the Storms: The 1997-98 Asian and 2008-09 Global Financial Crises
    Tuesday 14 ASEAN and East Asian Regional Integration
    One hour group discussion
    Friday 17 Review of Weeks 1 and 2
    30 minute quiz
    Group presentations
    Monday 20 Review of Selected East Asian Economies: County's case studies
    Tuesday 21 Asian Century? Prospects and Challenges
    Review of Weeks 1 to 3
    Friday 24 Final exam

    Specific Course Requirements
    Not applicable
  • Assessment

    The University's policy on Assessment for Coursework Programs is based on the following four principles:

    1. Assessment must encourage and reinforce learning.
    2. Assessment must enable robust and fair judgements about student performance.
    3. Assessment practices must be fair and equitable to students and give them the opportunity to demonstrate what they have learned.
    4. Assessment must maintain academic standards.

    Assessment Summary
    Group discussion participation and presentation 15%
    (Group discussions every Tuesday; group presentations Fridays; randomly selected)

    Quiz 15%

    Final Exam 70%
    Assessment Detail

    (i) Group assignments: 

    • Group formation: Students are required to form a group of 10-12 members,unless the instructor approves for a special arrangement. Each group must nominate a group leader. Contact the Lecturer if you are unable to find a group. Group leaders must send the list of all group members to by close of business hours on the designated day.


    • Group discussions and presentation: Students will be given opportunities to have group discussions every Tuesday (7 and 14 July 2014) and presentations (Friday 17 July) during the lecture times. The instructor will regularly check student's participation at group discussions. Medical certificate is required for students who are absent. One mark deduction will be given to students who miss one session of group discussion or presentation. The Lecturer will consult with the group leader regarding member's participation. A five mark deduction (out of 15 marks) will be given to inactive members. 


    • Submission: paper and presentation slides by 3:00 pm on Thursday 16 July 2015


    • Learning guide: For more details about writing an article review: visit:

    • The first page of the paper must contain title, author, number of words and the

    following declaration statement: "Except where appropriately acknowledged this assignment is my own work, has been expressed in my own words and has not previously been submitted for assessment."

    • Word number and formatting: The paper's main text must consist of no more than 1500 words processed in 12 point font and double spaced (including footnotes and endnotes).
    • Presentation on Friday 17 July 2015 should take at the maximum 7 minutes. Students are recommended to present a maximum of 5 slides with Font size at least 20. Dot points with very short explanation are preferred. The presentation will be followed by question and answer sessions for about 3 minutes. Each group may choose one or more persons to be a presenter(s). Presentation slides of selected groups will be uploaded on MyUni. The information contained in those slides, however, does not necessarily reflect the best or correct way to answer the questions.
    • Attendance at group presentation is compulsory. Students having problems to participate in the group’s presentation must make prior arrangement with the instructor. Students who are unable to attend group presentation (even when s/he is not assigned to be a presenter) must provide a copy of medical certificate to the instructor.
    • The assessment of the paper will be determined based on the following aspects (Total= 10 marks):
      • Knowledge on existing theories and literature (4 marks)
      • Originality and initiative to find drawback from the article being reviewed and sound critical writings (4 marks)
      • Writing skills (including structure, logical flows, clarity of expressions, relevancy between sections) (2 marks)
    • The assessment of presentation slides will be determined based on the following aspects (Total= 5 marks):
      • Support (visual and verbal) (2 marks): content is informative and concise; incorporated sources throughout; and presenters skilfully lead audience to an improved understanding.
      • Delivery (2 marks); presenters should have exceptional articulation, pronunciation, grammar; precise word choice; purposeful movement, gestures enhanced presentation, spontaneous, direct eye contact; rarely used notes, sought feedback, presentation is well timed
      • Responses to questions (1 marks): should be relevant and show knowledge that the presenters have.


    (ii) Quiz (Friday 17 July 2015)

    On Friday 17 July 2015 at the normal lecture time, a 30 minute-closed book quiz will be held covering topics from Week 1 to Week 2. Students who are unable to attend due to illness will be required to provide a copy of a medical certificate. No supplementary quiz will be given for students who are unable to attend due to other reasons.


    (iii) Final Exam (Friday 24 July 2015)

    • The closed-book final exam will be held on Friday 24 July 2015 at the venue to be announced
    • The exam will assess all topics covered throughout the course.
    • Lecture notes and readings are two main references.
    • Further details will be announced on MyUni.

    Each group must submit their group assignments: i) the paper and ii) presentation slides by email to, by 3:00pm on Thursday 16 July 2015.

    Two mark deduction (out of total 15 marks) will be given to all group members for every working day elapses after the deadline
    Course Grading

    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.
  • Student Feedback

    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 ( 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.

  • Student Support
  • Policies & Guidelines
  • Fraud Awareness

    Students are reminded that in order to maintain the academic integrity of all programs and courses, the university has a zero-tolerance approach to students offering money or significant value goods or services to any staff member who is involved in their teaching or assessment. Students offering lecturers or tutors or professional staff anything more than a small token of appreciation is totally unacceptable, in any circumstances. Staff members are obliged to report all such incidents to their supervisor/manager, who will refer them for action under the university's student’s disciplinary procedures.

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