ECON 2502 - East Asian Economies II

North Terrace Campus - Winter - 2022

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 in Semester 2. Intensive (up to 15 hours per week) when taken in Winter Semester
    Available for Study Abroad and Exchange Y
    Assumed Knowledge ECON 1012
    Assessment Typically tutorial work or group presentation, and essay and final exam
    Course Staff

    Course Coordinator: Associate Professor Shandre Thangavelu

    Winter School

    Dr Philip Lawn
    (Visiting Lecturer)

    Email: philip.lawn@adelaide.edu.au
    Consultation hours: To be confirmed
    Course Timetable

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

  • Learning Outcomes
    Course Learning Outcomes

    On successful completion of this course, students will 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. Assess the performance of some East Asian economies from a broader, Sustainable Development perspective.
    4. Analyse current issues and future challenges in East Asian economies from a political economy perspective and within a global context.
    5. Formulate and communicate the policy lessons (positive and negative) emanating from the East Asian development 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)

    Attribute 1: Deep discipline knowledge and intellectual breadth

    Graduates have comprehensive knowledge and understanding of their subject area, the ability to engage with different traditions of thought, and the ability to apply their knowledge in practice including in multi-disciplinary or multi-professional contexts.

    1, 2, 3

    Attribute 2: Creative and critical thinking, and problem solving

    Graduates are effective problems-solvers, able to apply critical, creative and evidence-based thinking to conceive innovative responses to future challenges.

    3, 4

    Attribute 3: Teamwork and communication skills

    Graduates convey ideas and information effectively to a range of audiences for a variety of purposes and contribute in a positive and collaborative manner to achieving common goals.

    3, 5

    Attribute 4: Professionalism and leadership readiness

    Graduates engage in professional behaviour and have the potential to be entrepreneurial and take leadership roles in their chosen occupations or careers and communities.

    5

    Attribute 5: Intercultural and ethical competency

    Graduates are responsible and effective global citizens whose personal values and practices are consistent with their roles as responsible members of society.

    3, 4, 5

    Attribute 8: Self-awareness and emotional intelligence

    Graduates are self-aware and reflective; they are flexible and resilient and have the capacity to accept and give constructive feedback; they act with integrity and take responsibility for their actions.

    5
  • Learning Resources
    Required Resources
    There is no textbook for this course. Readings for the course are made available in the form of pdf files on MyUni.
    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.

    https://myuni.adelaide.edu.au/webapps/login/
  • Learning & Teaching Activities
    Learning & Teaching Modes
    In order to satisfy current COVID-19 guidelines, all lectures and tutorials will be conducted online. All lectures will be live-streamed and recorded. The recorded lectures will be available on MyUni. Students are expected to watch all lectures.

    Tutorials will be live-streamed, but not recorded. Tutorial answers, in very brief form (i.e., in a form that would not constitute an adequate answer to an exam question), will be posted on MyUni following the completion of a tutorial session. There will be no marks for tutorial participation. However, you are strongly urged to participate in the tutorial discussion, which will involve discussing answers to a pre-provided list of tutorial questions. The questions for tutorial discussions will be posted on MyUni.

    The material is cumulative and intensive, so it is highly undesirable to miss any lecture or tutorial.

    To discuss questions and problems, teaching staff can be contacted by email. There will be no face-to-face student consultation.
    Workload

    The information below is provided as a guide to assist students in engaging appropriately with the course requirements.

    Besides 12 hours of contact time per week for a Winter School course (6 hours of lectures and 6 hours of tutorials), the University expects students to commit approximately 12 hours to private study outside of your regular classes.

    Students are expected to commit additional time to undertake online quizzes and produce an assignment paper.
    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 Introduction – About the course and East Asian Economies
    Wednesday 8 What is Sustainable Development?
    Thursday 9 Sustainable Development Indicators applicable to East Asian economies
    Monday 13 Trade and the Environment: East Asian economies
    Wednesday 15 Sustainable Development in Japan and China
    Thursday 16 Sustainable Development in Thailand and Vietnam
    Monday 20 Sustainable national income of Indonesia and Cambodia; Sustainable Development in the Asia-Pacific region
    Wednesday 22 Policy issues for East Asian countries – China case study
    Thursday 23 Summary lecture; information about 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
    Assessment Task Task Type
    Weighting Learning Outcome
    Quizzes Individual 20% 1, 2, 3, 4
    Assignment Individual 20% 1, 2, 3, 4, 5
    Final Exam Individual 60% 1, 2, 3, 4, 5
    Assessment Detail
    (i) Quiz (number of Quizzes: best of 4 out of 5)
    There will be online quizzes. Each quiz will involve a time restriction of 30 minutes. Each quiz will have its own deadline. The five quizzes will be spread out over the course.

    (ii) Assignment
    The assignment will involve answering a series of questions relating to a journal article on the growth and development of the South Korean economy. You will be required to use the course material, suggested lecture readings, and any relevant references you can find to help answer the questions. Wikipedia and other non-peer reviewed sources will not be considered appropriate references. You will be required to answer each question (and sub-question) individually. This will not be an essay assignment.

    (iii) Final Exam
    • The final exam will be held online.
    • The exam will assess all topics covered throughout the course.
    • Lecture notes, readings, tutorial exercises, and quizzes should form the basis of your exam preparation.
    • Further details will be announced on MyUni.
    Submission
    To be advised

    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 (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.

  • Student Support
  • Policies & Guidelines
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    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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