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Australian Economic History (ECON20008)
Undergraduate level 2Points: 12.5Not available in 2017
Overview
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This subject provides an historical overview of the development of the Australian economy. A major theme of the subject is to understand the role of factors such as geography, political and legal institutions, international influences such as immigration and foreign investment, and economic policy, in the development of the Australian economy. The subject will emphasise how an understanding of the economic history of Australia can be used to analyse current developments in the Australian and international economies. The evolution of the Australian economy and of material well-being, and the role of major episodes such as agricultural development, gold rushes and mining booms, world wars, and major economic fluctuations, are examined.
Intended learning outcomes
- Explain the main phases in the economic development of Australia.
- Explain the role of factors such as geography, political and legal institutions, international events and influences, immigration and foreign investment, and economic policy, in the development of the Australian economy.
- Apply economic theory and available data to evaluate alternative explanations for, and to explain major historical events in Australia (for example, major financial crises, and macroeconomic fluctuations).
- Use knowledge of the history of the development of the Australian economy to inform analysis of current developments in microeconomics and macroeconomics in Australia.
- Compare and contrast the Australian experience of economic development with selected experience in other international regions of recent settlement.
Generic skills
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High level of development: written communication; application of theory to practice; interpretation and analysis; critical thinking; synthesis of data and other information; evaluation of data and other information; accessing data and other information from a range of sources; receptiveness to alternative ideas.
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Moderate level of development: oral communication; collaborative learning; problem solving; team work; statistical reasoning.
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Some level of development: use of computer software.
Last updated: 11 April 2024
Eligibility and requirements
Prerequisites
Both of:
Code | Name | Teaching period | Credit Points |
---|---|---|---|
ECON10004 | Introductory Microeconomics |
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
ECON10003 | Introductory Macroeconomics |
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
Summer Term (On Campus - Parkville)
|
12.5 |
Corequisites
None
Non-allowed subjects
None
Recommended background knowledge
Please refer to Prerequisites and Corequisites.
Inherent requirements (core participation requirements)
The University of Melbourne is committed to providing students with reasonable adjustments to assessment and participation under the Disability Standards for Education (2005), and the Assessment and Results Policy (MPF1326). Students are expected to meet the core participation requirements for their course. These can be viewed under Entry and Participation Requirements for the course outlines in the Handbook.
Further details on how to seek academic adjustments can be found on the Student Equity and Disability Support website: http://services.unimelb.edu.au/student-equity/home
Last updated: 11 April 2024
Assessment
Additional details
- One 2-hour end-of-semester exam (40%)
- Written work totalling 4000 words (60%)
- To pass this subject students must pass the end of semester examination.
Last updated: 11 April 2024
Dates & times
Not available in 2017
Time commitment details
170 Hours
Last updated: 11 April 2024
Further information
- Texts
Prescribed texts
You will be advised of prescribed texts by your lecturer.
- Breadth options
This subject is available as breadth in the following courses:
- Available through the Community Access Program
About the Community Access Program (CAP)
This subject is available through the Community Access Program (also called Single Subject Studies) which allows you to enrol in single subjects offered by the University of Melbourne, without the commitment required to complete a whole degree.
Entry requirements including prerequisites may apply. Please refer to the CAP applications page for further information.
- Available to Study Abroad and/or Study Exchange Students
This subject is available to students studying at the University from eligible overseas institutions on exchange and study abroad. Students are required to satisfy any listed requirements, such as pre- and co-requisites, for enrolment in the subject.
Last updated: 11 April 2024