The study of long-run economic change concerns itself with two questions: why do certain economies persistently perform more successfully than others and how is leadership in the world economy achieved and maintained? How, for example, did the United States attain its current place in the global economy and will it be able to hold on to that position indefinitely? What are the futures of the Asian Tigers and Australia in the world economy? This subject introduces students to these issues as well as to other fundamental issues of long-run economic change. Students will carefully examine and assess different approaches to long-run economic analysis. -- Course Website
Prerequisites: Subject Study Period Commencement: Credit Points: ECON90002 Microeconomics Semester 1 12.50 and Subject Study Period Commencement: Credit Points: ECON90003 Macroeconomics Semester 1 12.50