Module Descriptors
ASIAN DEVELOPMENT AND THE GLOBAL ECONOMY
ECON50062
Key Facts
Faculty of Business, Education and Law
Level 5
15 credits
Contact
Leader: John Ramsay
Hours of Study
Scheduled Learning and Teaching Activities: 36
Independent Study Hours: 114
Total Learning Hours: 150
Assessment
  • ASSIGNMENT weighted at 70%
  • GROUP PRESENTATION weighted at 30%
Module Details
Module Additional Assessment Details
Two different elements which together comprise 100% of the modules assessment process:

1. Assignment

The assignment will be of no more than 1500 words accounting for 70% of the total marks (LOs 1& 3)

2. The group presentation

Students will be expected to take an active role in a brief group presentation (LO 2) and a short accompanying digital paper, together accounting for 30% of the total marks. (LO 1 & 3)
Module Indicative Content
This module sets out to answer three over-arching questions:
- Why do some countries 'develop' more quickly and successfully than others?
- Was there really anything unusual about the performance of East Asian economies?
- Why was there a spectacular economic collapse in S.E. Asia in the late '90s?

These will be approached by examining the following topics in relation to Japan, Taiwan, Hong-Kong, Singapore and S. Korea:
- The growth record of each economy
- The role played by trade in the development of each economy
- The significance of multinational corporation investment in sustaining those growth levels
- The role played by the four governments in facilitating or stifling that growth
- The causes and effects of the economic crisis of the 1990s.
Module Learning Strategies
The learning strategy for the module requires students to commit 150 learning hours (including assessment) of this there will be 36 hours of class support and 114 hours of independent and self directed study, (24 hours of formal lectures/large group activities, 12 hours of tutorials). Learning support materials will be provide by the module.

The module content will be presented using a mixture of staff delivery of material, the preparation and delivery of student group presentations on questions related to the indicative content, directed reading in and out of class and short group problem-solving activities in class.
Module Resources
Two related module websites.

Content website:

http://tinyurl.com/y55f42

Learning skills material at:
http://tinyurl.com/dmeyv
Module Texts
Chowdury, A & Islam, I., (2001), The Newly Industrialising Economies of E. Asia, Routledge
Flath, D., (2005), The Japanese Economy, Open University Press
Ito, T., (2001), The Japanese Economy, MIT Press
Module Special Admissions Requirements
Have studied a Level 1 Introductory Economics or Business Environment module or equivalent.