School Of Economics And FinanceAustralia and the Global EconomyWestern Sydney University Unit Code: 200047.1
Discipline: ECONOMICS
Student Contribution Band: 2
Level: 1
Credit Points: 10
Equivalent Units
H1740 - Australian Economic History, 61325 - Australia and the Global Economy
About this Unit
This unit replaced by 200540.1 Globalisation and Australia in 2008. This unit provides an overview of the development of the Australian economy since 1788 in the context of the evolution of the global economy during the last two centuries. A strong emphasis is placed on the interaction of the processes promoting globalisation in the international economy, with the endemic tendencies towards social conflict and nationalism that have accompanied the consolidation of the capitalist nation state. Within this framework the specific factors that have given Australian economic development its unique character are analysed. The unit concludes by examining the socio-economic outcomes that ongoing globalisation is likely to produce in the twenty-first century and looks at the principal alternative economic strategies that Australian governments might follow over the next few decades.