Faculty of Business and Economics

Monash University

Undergraduate - Unit

This unit entry is for students who completed this unit in 2012 only. For students planning to study the unit, please refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course or area of study.

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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, or view unit timetables.

FacultyFaculty of Business and Economics
OfferedNot offered in 2012
Coordinator(s)Associate Professor Lionel Frost


The study of processes shaping the economic growth and development of regions, especially policy issues from Australian and international perspectives. Factors determining the structure of a regional economy; reasons for regional disparities in growth and development; factors explaining regional employment and wage differentials; aims and instruments of regional policy; limitations of governments' involvement in regional development; how a specific of regional development affects business strategies; international experience in regional development and policies.


The learning goals associated with this unit are to:

  1. cultivate the ability to apply micro- and macroeconomic principles to contemporary regional policy issues
  2. develop skills to cortically evaluate regional policy debates
  3. develop skills to judge the usefulness and limitations of existing regional development theory


Within semester assessment: 40%
Examination (2 hours): 60%

Chief examiner(s)

Lionel Frost

Contact hours

3 hours per week


Students must have passed two units from the following: ECG1102 or ECW1102 and ECG2731 or ECW2731 before undertaking this unit.