Faculty of Business and Economics

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6 points, SCA Band 3, 0.125 EFTSL

Undergraduate - Unit

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.


Business and Economics

Organisational Unit

Department of Economics


Professor Sisira Kumara Jayasuriya (Caulfield), Dr Gamini Herath (Malaysia)



  • Second semester 2016 (Day)
  • Summer semester A 2016 (Day)


  • Second semester 2016 (Day)

City (Melbourne)

  • Trimester B 2016 (Day)
  • Trimester C 2016 (Day)


This unit studies recent economic developments of selected Asian countries. Topics include: theories of economic growth; economic freedom and economic development; entrepreneurship and economic transformation in Hong Kong; the role of industrial policy in Japanese post-war economic performance; economic reforms in China and India; and the 1997 Asian financial crisis.


The learning goals associated with this unit are to:

  1. have critically examined the major hypothesis advanced to explain the dynamics of growth and change in selected Asian economies
  2. appreciate the main characteristics of the business environment in the selected countries, including business institutions and business practices
  3. understand the role of government and the market as allocators of resources and engines of development
  4. develop their analytical, written and oral skills by writing a long essay and delivering a tutorial paper.


Within semester assessment: 50%
Examination: 50%

Workload requirements

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. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.

See also Unit timetable information

Chief examiner(s)


Students must have passed one of the following: ECB1101, ECF1100, ECG1101, ECW1101, or ECC1000 before undertaking this unit.


ECC2550, ECC3550, ECF2550, ECF3550, ECW3550, ECX2550