EC5205 - Economic Growth and Sustainable Development
| Credit points: | 03 |
| Year: | 2013 |
| Student Contribution Band: | Band 3 |
| Administered by: | School of Business |
Why are some countries richer than others? Why do the incomes of some regions grow rapidly while others stagnate? What can policy makers do to promote sustainable economic development? Or, to put it another way, how can we make the most of the good things that economic growth has to offer, while minimising some of its unwanted side effects? This subject uses economics to provide insights to these, and other related questions. It does this by providing students with a set of analytical tools that allow them to (a) identify factors which influence economic growth - over time, and across 'space'; (b) consider some of the effects, and side effects, of economic growth; and (c) develop and evaluate polices that seek to promote regional development. The subject is tailored to students who (envision to) work at a position that requires advanced economics skills.
Learning Outcomes
- Advanced level of understanding, interpretation and compilation of measures of economic growth and regional development;
- Develop critical awareness of theories that seek to explain the way in which the economies of regions/countries change over time;
- Advanced understanding of theories that seek to explain the way in which the economic structure of communities/industries differ across space;
- Critical awareness of some social and environmental issues that are inextricably linked to economic growth;
- Systemic understanding of theories (models) that are introduced in this subject to analyse real and hypothetical economic circumstances and to derive policy solutions to the problems posed in these circumstances.
Graduate Qualities
- The ability to appraise information critically;
- The ability to use independent judgment to synthesise information to make intellectual and/or creative advances;
- The ability to conceptualise and evaluate a range of potential solutions to relevant problems;
- The potential to lead and contribute to projects effectively and efficiently;
- The ability to communicate the methodology, results and implications of their research in a manner appropriate to different purposes and audiences;
- The ability to make constructive contributions to project teams or collegial activities.
| Assumed Knowledge: | Introductory subjects in Economics and Statistics |
| Inadmissible Subject Combinations: | BX3023 and EC2001 and EC3412 |
Availabilities | |
| Townsville, Internal, Study Period 1 | |
| Census Date 28-Mar-2013 | |
| Coord/Lect: | Dr Riccardo Welters. |
| Contact hours: |
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| Assessment: | end of semester exam (25%); quizzes or tests (25%); multidraft Essays (50%). |
| Cairns, Block, Study Period 5 | |
| Census Date 09-May-2013 | |
| Non-standard start/end 13-Apr-2013 to 21-Jun-2013 | |
| Face to face teaching 13-Apr-2013 to 21-Apr-2013 (Face to face dates - Sat 13/4 9am -1pm, Sun 14/4 , Mon 15/4, Fri 19/4, Sat 20/4 & Sun 21/4 9am-4pm Final exam 30/4 9am-11am) | |
| Coordinator: | Dr Riccardo Welters |
| Lecturer: | Dr Taha Chaiechi. |
| Contact hours: |
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| Assessment: | end of semester exam (25%); quizzes or tests (25%); multidraft Essays (50%). |
| Special Assessment Requirements: | Students must obtain a final mark of at least 50% to pass the subject, and must obtain at least an average of 50% over all invigilated components to pass the subject. |
Note: Minor variations might occur due to the continuous Subject quality improvement process, and in case of minor variation(s) in assessment details, the Subject Outline represents the latest official information.