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EC5205 - Economic Growth and Sustainable Development

Credit points: 3
Year: 2019
Student Contribution Band: Band 3
Administered by: College of Business, Law & Governance

Why are some countries richer than others? Why do the incomes of some regions grow rapidly while others stagnate? What can policy makers do to promote sustainable economic development? Or, to put it another way, how can we make the most of the good things that economic growth has to offer, while minimising some of its unwanted side effects? This subject uses economics to provide insights to these, and other related questions. It does this by providing students with a set of analytical tools that allow them to (a) identify factors which influence economic growth - over time, and across 'space'; (b) consider some of the effects, and side effects, of economic growth; and (c) develop and evaluate polices that seek to promote regional development. The subject is tailored to students who (envision to) work at a position that requires advanced economics skills.

Learning Outcomes

  • Advanced level of understanding, interpretation and compilation of measures of economic growth and regional development;
  • Develop critical awareness of theories that seek to explain the way in which the economies of regions/countries change over time;
  • Advanced understanding of theories that seek to explain the way in which the economic structure of communities/industries differ across space;
  • Critical awareness of some social and environmental issues that are inextricably linked to economic growth;
  • Systemic understanding of theories (models) that are introduced in this subject to analyse real and hypothetical economic circumstances and to derive policy solutions to the problems posed in these circumstances.
Assumed
Knowledge:
Introductory subjects in Economics and Statistics
Inadmissible
Subject
Combinations:
BX3023 and EC2001 and EC3412

Availabilities

Townsville, Internal, Study Period 1
Census Date 28-Mar-2019
Coordinator: Assoc. Professor Riccardo Welters
Lecturer: Ms Thi Nguyen.
Workload expectations:

The student workload for this 3 credit point subject is approximately 130 hours.

  • 26 hours lectures
  • 12 hours tutorials
  • assessment and self-directed study
Assessment: end of semester exam (25%); essays (50%); mid semester test (25%).

External, Study Period 1
Census Date 28-Mar-2019
Coordinator: Assoc. Professor Riccardo Welters
Lecturer: Ms Thi Nguyen.
Workload expectations:

The student workload for this 3 credit point subject is approximately 130 hours.

  • 0 hours
  • assessment and self-directed study
Method of Delivery: WWW - LearnJCU
Assessment: end of semester exam (25%); essays (50%); mid semester test (25%).

Cairns, Block, Study Period 10
Census Date 12-Dec-2019
Face to face teaching 25-Nov-2019 to 05-Dec-2019 (25-27 November 2019 9am-4pm; 28 November 2019 9am-12noon; 2-4 December 2019 9am-4pm; 5 December 2019 9am-12noon)
Coord/Lect: Assoc. Professor Riccardo Welters.
Workload expectations:

The student workload for this 3 credit point subject is approximately 130 hours.

  • 39 hours workshops/Seminars
  • assessment and self-directed study
Assessment: end of semester exam (25%); quizzes or tests (25%); multidraft Essays (50%).

Note: Minor variations might occur due to the continuous Subject quality improvement process, and in case of minor variation(s) in assessment details, the Subject Outline represents the latest official information.