ECF5580 Macroeconomic theory and policy for developing countries
Faculty of Business and Economics
ECF5580 Macroeconomic theory and policy for developing countries is a level 5, 6-credit-point, postgraduate unit from the Faculty of Business and Economics, offered in 2024 in Semester 2 at Caulfield. It has no prerequisites.
- Credit points
- 6
- Offered in 2024
- Semester 2
- Caulfield
- Assessment
- No exam
- 1 task
- Workload
- 144 hours
- per semester
This is the 2024 handbook entry. See the 2027 entry.
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Overview
This unit offers an analysis of key macroeconomic topics in development economics, focusing on the complexities and dynamics of economic growth in developing countries. Through a rigorous examination of scholarly journal articles, theoretical frameworks, and empirical evidence, you will gain a comprehensive understanding of the factors influencing economic development and the challenges faced by developing nations. The unit explores various dimensions, including measuring economic indicators, growth theories, regional growth experiences (such as China and East Asia), policy frameworks, social and environmental factors, as well as the role of institutions. By the end of this unit, you will have cultivated a deeper understanding of the multifaceted macroeconomic factors that influence economic development.
Offerings in 2024
| Teaching period | Campus | Mode |
|---|---|---|
| Second semester | Caulfield | On campus |
Assessment
- Within semester assessment100%
Learning outcomes
When you finish this unit, you should be able to:
- 1
demonstrate a comprehensive understanding of growth theories and empirical evidence related to cross-country growth patterns.
- 2
extract valuable lessons and insights from the growth experience in China and East Asia and apply them to other developing regions.
- 3
understand the role of institutions, geography, and natural resources in shaping economic growth and development outcomes
- 4
appreciate the impact of social and environmental disparities on economic development in developing countries.
- 5
develop a holistic perspective on the challenges and opportunities faced by developing countries.
- 6
effectively communicate with policymakers, industry, and other stakeholders on economic development issues.
Workload and teaching
- Workshops24 hours
- Tutorials11 hours
- Teaching approachActive learning
Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. You are expected to complete all pre-class activities prior to your scheduled class, and post-class activities should be completed after your scheduled class. Learning activities may include a combination of teacher directed, peer directed and online engagement activities.
This unit engages you in actively applying your knowledge, skills and attributes in interactive, collaborative and reflective activities.
Contacts
- Chief Examiners
- Rafat Mahmood
Common questions
What are the prerequisites for ECF5580?
ECF5580 has no prerequisites.
When is ECF5580 offered?
In 2024, ECF5580 runs in Semester 2 at Caulfield.
How much work is ECF5580?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does ECF5580 have an exam?
No. ECF5580 has 1 assessment task and no exam.