ECX5890 Economic development
Faculty of Business and Economics
ECX5890 Economic development is a level 5, 6-credit-point, postgraduate unit from the Faculty of Business and Economics, offered in 2025 in Semester 2 at Caulfield. It needs BEX5900, ECC5900 or ECF5927.
- Credit points
- 6
- Offered in 2025
- Semester 2
- Caulfield
- Assessment
- No exam
- 1 task
- Workload
- 144 hours
- per semester
This is the 2025 handbook entry. See the 2027 entry.
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Requisites
Before ECX5890
Prohibitions
You can't enrol if you have passed any of these.
Prerequisites
Pass these before you enrol.
After ECX5890
No unit lists ECX5890 as a prerequisite in the 2025 handbook.
Overview
This unit examines the notion and implications of market failure in developing countries and discusses possible solutions to addressing such market failure. Specifically, it explores how in developing countries, innovative and informal institutions fill the void caused by the absence of markets, widespread externalities and the inability of the legal system to enforce contracts. Using a mix of empirical and theoretical approaches this unit examines some of the critical problems faced by developing countries and possible ways of addressing these problems.
Offerings in 2025
| Teaching period | Campus | Mode |
|---|---|---|
| Second semester | Caulfield | On campus |
Assessment
- Project100%
Learning outcomes
When you finish this unit, you should be able to:
- 1
understand the economic, social and behavioural implications of poverty and underdevelopment
- 2
understand the notion and implications of market failure in developing countries and examine possible solutions to addressing such market failure
- 3
understand the implications of gender discrimination and the policy responses to address such biases in developing countries
- 4
understand the political economy of developing countries, including efficient ways of targeting disadvantaged groups in society.
Workload and teaching
- Workshops36 hours
- Teaching approachResearch activities
- 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 allows you to develop their research skills by engaging in structured inquiry using a systematic approach and discipline-specific methodologies.
This unit engages you in actively applying your knowledge, skills and attributes in interactive, collaborative and reflective activities.
Contacts
- Chief Examiners
- Professor Pushkar Maitra
Common questions
When is ECX5890 offered?
In 2025, ECX5890 runs in Semester 2 at Caulfield.
How much work is ECX5890?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does ECX5890 have an exam?
No. ECX5890 has 1 assessment task and no exam.