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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

Offered

Not offered in 2009

Synopsis

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.

Objectives

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.

Assessment

Within semester assessment: 50%+ Examination (3 hours): 50%

Contact hours

3 hours per week

Co-requisites

Students must be enrolled in course 3842 to undertake this unit

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