Faculty of Business and Economics

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Monash University

Monash University Handbook 2011 Undergraduate - Unit

6 points, SCA Band 3, 0.125 EFTSL

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

FacultyFaculty of Business and Economics
OfferedNot offered in 2011
Coordinator(s)Professor Ranjan Ray


This unit seeks to introduce the student to development economics with emphasis on some key analytical concepts and their use in the measurement of living standards in developing countries. This unit introduces the student to some of the features of Asian development experience and helps to draw lessons from that experience. A significant part of this unit will be devoted to studying the developmental experience of Vietnam, which has been a distinct feature of economic development in Asia in recent years, and a comparative study of the economic performance of the Asian giants, India and China.


The learning goals associated with this unit are to:

  1. understand the conditions and factors affecting the economic development of East Asian, South Asian and South East Asian economics, especially Vietnam, China and India.
  2. analytically compare the nature of these countries' growth experiences, the results of their main economic development strategies and policies and what these imply for the foreseeable future for them and the region as a whole
  3. develop a keen awareness and appreciation for the current issues and new challenges faced by these nations, in the face of recent world trends and development.


Within semester assessment: 40%
Examination (2.5 hours): 60%

Chief examiner(s)

Ranjan Ray

Contact hours

3 hours per week


ECC1000 and ECC1100