2020 unit information
Classes and seminars in Trimester 2/Semester 2, 2020 will be online. Physical distancing for coronavirus (COVID-19) will affect delivery of other learning experiences in this unit. Please check your unit sites for announcements and updates one week prior to the start of your trimester or semester.
Last updated: 2 June 2020
Students will on average spend 150 hours over the teaching period undertaking the teaching, learning and assessment activities for this unit.
Online independent and collaborative learning activities equivalent to 1 x 1-hour per week
The economy is central to the quality of life of citizens. Managing the economy, it follows, is one of the core roles of government. The relationship between government and the economy is always shifting and contested, however. To what extent can and should governments govern the economy? In this unit, we examine Australia’s wealth – how it grew, how it is maintained, and how governments plan for the future. We examine the different levers governments can use to influence the economy, and the impact of this intervention. We observe what governments can do when the unexpected occurs. By all measures, Australia is a wealthy country, but not all citizens have equal access to that wealth, so we also examine how inequality is produced and perpetuated, the impact of inequality, and what can be done about it. The unit closes with an examination of the presumption of endless economic growth in times of global uncertainty and climate change.
These are the Learning Outcomes (ULO) for this unit
At the completion of this unit, successful students can:
Deakin Graduate Learning Outcomes
Identify and critically analyse the key aspects of Australia’s economy, including institutions, actors, and sectors
GLO1: Discipline-specific knowledge and capabilities
Explain and critically analyse key moments in Australia's economic history and theories of the development of Australia's wealth
GLO4: Critical thinking
Explain and critically analyse theories and empirical evidence of the relationship between citizens and the state
Apply research, critical analysis and problem-solving skills to identify possible economic challenges and evaluate a range of possible policy responses.
These Unit Learning Outcomes are applicable for all teaching periods throughout the year
The assessment due weeks provided may change. The Unit Chair will clarify the exact assessment requirements, including the due date, at the start of the teaching period.
The texts and reading list for the unit can be found on the University Library via the link below: AIP780 Note: Select the relevant trimester reading list. Please note that a future teaching period's reading list may not be available until a month prior to the start of that teaching period so you may wish to use the relevant trimester's prior year reading list as a guide only.
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