ECF5030 - The emergence of the knowledge based economy
6 points, SCA Band 3, 0.125 EFTSL
Postgraduate Faculty of Business and Economics
Leader(s): Dr Pushkar Maitra
Not offered in 2009
Knowledge driven industries and services are amongst the most rapidly growing areas of the world economy. This subject looks at the emergence of Knowledge-Based Economies (KBE) and their impact on the Asia-Pacific region by analysing: definitions and measurement of KBE; theoretical and economic policy issues about the KBE in less developed countries; why governments have promoted KBE; the contribution of KBE to productivity and global competitiveness; the growth of KBE hubs in, eg: India, Malaysia and Hong Kong.
The learning goals associated with this unit are to:
- have a firm analytical and practical grasp of the problems of defining and measuring knowledge-based economic indicators
- understand how and why governments in the Asia-Pacific are encouraging the emergence of knowledge-based industries and services
- understand the special economic pressures which the emphasis on knowledge-based industries/services are placing on developing countries like India and Malaysia and developed economies like Australia
- demonstrate analytical, oral and written skills through various assignments designed to emphasise the practical application of knowledge to particular economies and economic decision-makers.
Within semester assessment: 50%+ Examination (3 hours): 50%
3 hours per week
Students must be enrolled in course 3842 to undertake this unit