Monash University Business & Economics handbook 1995

Copyright © Monash University 1995
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ECO1520

Economic history: Japan and Australia

Professor John McCarty

6 points * Two 1-hour lectures and one 1-hour tutorial per week * Second semester * Clayton

Objectives On completion of this subject students should achieve a working knowledge of Japanese economic history since 1868 and of the integration of Australia into the Japanese-Asian economy since 1945. They should be able to analyse the growth of a total economic system, including the interaction of private business enterprises, government policy and institutions, in the process of economic growth; understand how the Australian economy relates to the changing international economy; be able to research and write a long essay in economic history.

Synopsis A survey of Japanese economic history from the Meiji Restoration of 1868 to the present, with emphasis on the period since 1945. Topics include the transition to modern economic growth; the `economic miracle' 1950 to the 1990s; the role of government; the industrial organisation of zaibatsu-keiretsu groupings; a sketch of Australian economic history since 1945; the fortunes of the rural export industries; decline and restructuring of manufacturing; Australia's economic relations with Japan since 1945. Study of Japan occupies three-quarters and of Australia one-quarter of the subject.

Assessment Written (3000 words): 40% * Examination (2 hours): 50% * Tutorial assignment: 10%


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