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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


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%

Contact hours

3 hours per week


Students must be enrolled in course 3842 to undertake this unit

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