THE UNIVERSITY OF NEW SOUTH WALES

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THE UNIVERSITY OF NEW SOUTH WALES

SCHOOL OF ECONOMICS

 

 

 

 

 

 

 

 

ECON1301

AUSTRALIA IN THE GLOBAL ECONOMY

Continuity and Change

 

 

 

 

 

COURSE GUIDE

 

 

 

SESSION 1, 2003

 

 

 

 

 

 

 

 

 

David Meredith

Room 102, John Goodsell Building

Tel. 9385 3962

Australia in the Global Economy: continuity and change

AIMS OF THIS COURSE

  1. To stimulate an understanding of the ways in which the Australian economy has changed over time and to develop a perspective of Australiaâs present position in the international economy that takes these historical changes into account.
  2. To present a variety of interpretations and debates on Australiaâs economic development over time.
  3. To build communication and research skills through tutorial work and report writing.

TEACHING

Teaching in this course comprises:

  • Two one-hour lectures in each of weeks 1 to 6 and 8 to 14.
  • A one-hour tutorial in each of weeks 2 to 6 and 8 to 14.

Lectures provide an overview and introduction to the following weekâs tutorial topics.

Tutorials are organised around the textbook, which should be brought to each tutorial. Tutorial questions will be provided and will form the basis for group and individual class work. Once a student has been enrolled in a particular weekly tutorial class, he or she must attend the same class each week.

 

WORKLOAD AND ASSESSMENT

  1. Reports. Each student will write two Reports. These should be about 1,500 words in length, be well presented, legibly written or typed and contain footnote references and a bibliography. Use the Cover Sheet provided at the end of this course guide for each Report. Questions are based on tutorial topics in weeks 3-6 and 8-12 and are listed under each of these tutorials. Further details about the Reports are given on pages 12-14
  2. Final Examination. A two-hour Final Examination will be held during the University examination period, 20 June to 8 July. The exact date and time of the examination will be published in the UNSW Provisional Examination Timetable in mid-May. The examination will involve short-answers to questions based on material covered in tutorials. More details are given on page 15 of this Guide.

DISTRIBUTION OF ASSESSMENT

Report 1 20%

Report 2 20%

Final Examination 60%

DUE DATES

Report 1 Friday 2 May 2003

Report 2 Friday 6 June 2003

(Reports may be submitted before the due date)

LECTURE & TUTORIAL PROGRAMME

Week

Date

Lecture

Tutorial

4-5 March

Introduction

No tutorial classes
 

11-12 March

Growth of the global economy

Introduction to themes and scope of the subject
 

18-19 March

Structural deficiencies in the world economy 1914-1941

Australia in the global economy before 1914
 

25-26 March

Australia in the First World War and the 1920s

The world economy in crisis, 1914-1941
 

1-2April

Depression and recovery in Australia in the 1930s

Australia 1914-1929: the First World War and post-war reconstruction
 

8-9 April

Rebuilding the international economy 1942-1973

The Great Depression in Australia, 1929-1940
 

15-16 April

No classes: report writing recess

No classes: report writing recess
 

18-27 April

Easter Recess

Easter Recess
 

29-30 April

Post-war reconstruction of the Australian economy

Post-war reconstruction and the Long Boom in the international economy, 1942-1973
 

6-7 May

Australia in the Menzies

ÎGolden Eraâ

War and reconstruction in Australia, 1941-1959
 

13-14 May

Crisis and reform in the global economy 1974-1989

A booming economy: Australia and the world economy, 1960-1973
 

20-21 May

Onset of stagflation in Australia 1974-1989

End of the post-war boom: the international economy 1974-1989
 

27-28 May

Recession and recovery in the global economy since 1990

Stagflation and economic reform: Australia in the global economy 1974-1989
 

3-4 June

A new ÎLong Boomâ? Australia since 1990

Global economy since 1990
 

10-11 June

Restructuring and globalisation in the Australian economy

Globalisation of Australia since 1990
   

Study period. No classes.

Study period. No classes.

 

REFERENCES

The textbook for this subject is:

David Meredith and Barrie Dyster, Australia in the Global Economy: Continuity and Change (Cambridge University Press, 1999)

Students must obtain their own copy of this book.

Other references are suggested for Reports 1 & 2 and listed under each tutorial. Note that these references are listed alphabetically by author and not in order of importance.

All references are located in the Open Reserve section of the University Library and copies of some are also on the open shelves. New students are strongly advised to attend a library tour at the beginning of session and all students should ensure they know how to use the Open Reserve collection effectively.

 

LOCATION OF STAFF

David Meredith

Room 102

John Goodsell Building

Tel. 9385 3962

Email D.Meredith@unsw.edu.au

CONSULTATION

Consultation times will be displayed on the door of Room 102.

EQUAL OPPORTUNITY

Equal opportunity in education is University policy.

ATTENDANCE

Students are required to attend all classes. Failure to attend at least 80 per cent of classes may be treated as academic misconduct for which there are severe penalties.

SPECIAL CONSIDERATION

If personal circumstances arise during session or the examinations period that lead you to miss classes and/or prevent you from doing assignments, or attending the examination, or affect the quality of your assignments or exam work, you must inform the University by submitting an application for Special Consideration. Information on how to do this can be found on the Universityâs web page. Special consideration cannot be given unless an application has been lodged.

SUPPLEMENTARY EXAMINATIONS

Supplementary examination will only be recommended by the School of Economics for students whose final examination performance was adversely affected by serious illness or other extraordinary circumstances that can be documented AND if there is evidence on the basis of performance during the session that the student has made satisfactory progress.

 

TUTORIAL TOPICS AND REPORT QUESTIONS

 

Week 2: 11/12 March

Introduction to the major themes and scope of the subject

In this week, enrolment in each class will be completed and formal requirements of the subject explained. The main themes of the subject will be introduced and discussed.

Essential Reading:

David Meredith and Barrie Dyster, Australia in the Global Economy: Continuity and Change (Cambridge University Press, 1999) Chapter 1.

 

Week 3: 18/19 March

Australia in the global economy before 1914

Report 1 questions:

  1. Why did Australia enter such a prolonged period of economic depression from 1891?
  2. In what ways did the role of the State in the Australian economy become more important in the 25 years prior to the First World War?

    Essential Reading:

    David Meredith and Barrie Dyster, Australia in the Global Economy: Continuity and Change (Cambridge University Press, 1999) Chapters 2 and 3.

    Other References:

    Butlin, N.G., Barnard, A. and Pincus, J.J., Government and Capitalism: Public and Private Choice in Twentieth Century Australia (1982), pp. 10-18, 49-73

    Catley, Bob, Globalising Australian Capitalism (1996) pp. 46-53

    Macintyre, S.F. 'Labour, Capital and Arbitration', in Brian Head (ed), State and Economy in Australia (1983) pp.98-114

    Macintyre, S.F., The Succeeding Age: Oxford History of Australia Vol. 4 (1986) Chapters 2 & 5.

    Pinkstone, Brian, Global Connections: A History of Exports and the Australian Economy (1992), chap. 3

    Sinclair, W.A., The process of economic development in Australia (1976) pp 126-172

    White, Colin, Mastering Risk: environment, markets and politics in Australian economic history (1992) pp173-179

     

     

    Week 4: 25/26 March

    The world economy in crisis, 1914-1941

    Report 1 questions:

  3. Why was the international economy unable to recover fully from the effects of the First World War during the 1920s?
  4. Why did international economic flows such as trade and capital fail to recover from the effects of the Great Depression in the 1930s?

    Essential Reading:

    David Meredith and Barrie Dyster, Australia in the Global Economy: Continuity and Change (Cambridge University Press, 1999) Chapter 4

    Other references:

    Aldcroft, Derek, From Versailles to Wall Street, 1919-1929 (Pelican History of the World Economy, vol. 2, 1977, 1987), chaps. 4, 11

    Arndt, H.W., The Economic Lessons of the Nineteen-Thirties (1944)

    Brownlee, W.E., Dynamics of Ascent (2nd ed. 1979), pp. 363-418

    Foreman-Peck, J., A History of the World Economy: International Economic Relations since 1850 (1983), chaps. 7 and 8

    Hardach, Gerd, The First World War, 1914-1918 (The Pelican History of the World Economy, vol. 1, 1977, 1987), chap. 10

    Hobsbawm, Eric, Industry and Empire (The Pelican Economic History of Britain, vol. 3, 1968), pp. 207-224

    Kenwood, A.G. and Lougheed, A.L. The Growth of the International Economy, 1820-1980 (2nd ed. 1982), chaps. 11, 12, 13, 15

    Kindleberger, Charles P., The World in Depression, 1929-39 (The Pelican History of the World Economy, vol. 3, 1973, 1986)

    Lewis, W. Arthur, Economic Survey, 1919-1939 (1949)

     

    Week 5: 1/2 April

    Australia 1914-1929: the First World War and post-war reconstruction

    Report 1 questions:

  5. What was the impact of the First World War on the Australian economy?
  6. What was the policy of 'Men, Money, Markets' followed in the 1920s in Australia?

    Essential Reading:

    David Meredith and Barrie Dyster, Australia in the Global Economy: Continuity and Change (Cambridge University Press, 1999) Chapter 5

    Other References:

    Capling, A. and Galligan, B., Beyond the Protective State: The Political Economy of Australia's Manufacturing Industry Policy (1992), pp.70-95

    Forster, Colin Industrial Development in Australia 1920-1930 (1964), esp. chap. 1

    Pinkstone, Brian, Global Connections: A History of Exports and the Australian Economy (1992), pp. 73-102

    Schedvin, C.B. Australia and the Great Depression (1970), pp.47-75

    Sinclair, W.A., The process of economic development in Australia (1976) pp 173-193

     

     

     

    Week 6: 8/9 April

    The Great Depression in Australia

    Report 1 questions:

  7. How did Australia receive the international slump, 1929-31?
  8. What steps were taken to promote recovery in the Australian economy in the 1930s?

Essential Reading:

David Meredith and Barrie Dyster, Australia in the Global Economy: Continuity and Change (Cambridge University Press, 1999) Chapter 6

Other References

Gregory, R.G. and Butlin, N.G., (eds), Recovery from the Depression: Australia and the World Economy in the 1930s (1988), chapters 1 (Gregory), 13 (Forster), 14 (Snooks)

Macintyre, Stuart, The Succeeding Age: The Oxford History of Australia, vol. 4 (1986) chapters 12 & 13

Pinkstone, Brian, Global Connections: A History of Exports and the Australian Economy (1992), pp. 103-133

Schedvin, C.B., Australia and the Great Depression (1970), pp. 108-378

Sinclair, W.A., The process of economic development in Australia (1976) pp 193-205

Spenceley, Geoffrey, A Bad Smash: Australia in the Depression of the 1930s (1990), pp. 1-72

 

Week 7: 15/16 April

No classes. Report writing week

REPORT 1 IS DUE IN TWO WEEKSâ TIME

 

 

 

EASTER RECESS (18-27 April)

 

 

 

 

Week 8: 29/30 April

Post-war reconstruction and the Long Boom in the international economy, 1942-1973

REPORT 1 DUE BY 4pm THIS FRIDAY (2 May)

Report 2 questions:

  1. How was the international economy rebuilt after the Second World War?
  2. Account for the rapid expansion of the world economy in the 1950s and 1960s.

    Essential Reading:

    David Meredith and Barrie Dyster, Australia in the Global Economy: Continuity and Change (Cambridge University Press, 1999) Chapter 7

    Other References

    Aldcroft, Derek H. The European economy 1914-2000 (4th edn., 2001) chap 5

    Armstrong, Philip, Glyn, Andrew and Harrison, John, Capitalism since 1945 (rev. edn. 1991) chap 9

    Block, Frederick L., The Origins of International Economic Disorder (1977), chaps. 3-5

    Foreman-Peck, J., A History of the World Economy: International Economic Relations since 1850 (1983), chap. 9

    Kenwood, A.G. and Lougheed, A.L., The Growth of the International Economy 1820-1980 (2nd edn. 1983), chaps. 16-18

    Maddison, Angus, Dynamic forces in capitalist development (1991) chaps 5 & 6

    Scammell, William M., The International Economy since 1945 (2nd edn. 1983), chaps. 1, 2, 4 & 7

    Van der Wee, Herman, Prosperity and Upheaval: The World Economy 1945-1980 (The Pelican History of the World Economy in the Twentieth Century, vol. 5, 1983, 1987)

     

    Week 9: 6/7 May

    War and reconstruction in Australia, 1941-1959

    Report 2 questions:

  3. How did the impact of the Second World War on the Australian economy differ from that of the First?
  4. What were the aims and strategies of post-war reconstruction of the Australian economy?

    Essential Reading:

    David Meredith and Barrie Dyster, Australia in the Global Economy: Continuity and Change (Cambridge University Press, 1999) Chapter 8

     

    Other References:

    Beresford, M. and Kerr, P., 'A turning point for Australian capitalism, 1942-52', in E.L. Wheelwright and Ken Buckley (eds), Essays in the Political Economy of Australian Capitalism, vol. IV (1980)

    Bolton, Geoffrey, The Middle Way: Oxford History of Australia, Vol. 5, 1942-1988 (Oxford University Press, 1990) chapters 2 & 4

    Butlin, N.G., Barnard, A. and Pincus, J.J. Government and Capitalism: Public and Private Choice in Twentieth Century Australia (1982), pp. 108-147

    Capling, Ann, Australia and the global trade system (2001) chap 1

    Coombs, H.C., Trial Balance (Macmillan, 1981)

    Rowley, K., 'The political economy of Australia since the war', in J. Playford and D. Kirsner (eds), Australian Capitalism (1972)

    Sinclair, W.A., The Process of Economic Development in Australia (1976), chap. 7

    Watts, R., The Foundations of the Australian Welfare State (1987), chap. 6

    Whitwell, Greg, The Treasury Line (1986), chaps. 3 and 4

     

     

    Week 10: 13/14 May

    A booming economy: Australia and the world economy, 1960-1973

    Report 2 questions

  5. In what ways, and with what success, was Australia able to take advantage of the boom in the world economy in the 1950s and 1960s?
  6. How successful was industrialization in Australia over the period 1950 to 1973?

     

    Essential Reading:

    David Meredith and Barrie Dyster, Australia in the Global Economy: Continuity and Change (Cambridge University Press, 1999) Chapter 9

    Other References

    Anderson, Kym, ÎTariffs and the manufacturing sectorâ, in Maddock, Rodney and McLean, Ian (eds.), The Australian Economy in the Long Run (1987)

    Bell, Stephen, Australian Manufacturing and the State: the Politics of Industry Policy in the Post-war Era (1993) Chapters 1 & 2

    Boehm, E.A., Twentieth Century Economic Development in Australia (third edition,1993) chaps 4 and 6

    Butlin, N.G., Barnard, A. & Pincus, J.J., Government and Capitalism: Public and Private Choice in Twentieth Century Australia (1982) chap. 5

    Capling, Ann and Galligan, Brian, Beyond the Protective State (1992) chap. 3

    Capling, Ann, Australia and the global trade system (2001) chap 2

    Catley, Bob, Globalising Australian Capitalism (1996), pp. 53-61

    Collins, J. Migrant Hands in a Distant Land: Australia's Post-war Immigration (1988), chaps. 2, 3 and 5

    Collins, J. 'The Political Economy of Post-War Immigration', in E.L. Wheelwright and Ken Buckley (eds), Essays in the Political Economy of Australian Capitalism, vol. I (1975)

    Davidson, F.G. and Stewardson, B.R., Economics and Australian Industry (1974)

    Hunter, Alex (ed), The economics of Australian industry (1963) chap 5 by E.L. Wheelwright, chap 6 by W.M. Corden and chap 15 by George Maxcy

    Jupp, James, Immigration (1991) chap 6

    Maddock, Rodney 'The Long Boom 1940-1970', in R. Maddock and Ian McLean (eds), The Australian Economy in the Long Run (1987)

    Pinkstone, Brian Global Connections: A History of Exports and the Australian Economy (1992), chap. 6

    Whitwell, Greg, The Treasury Line (1986), chaps. 4 and 5

     

     

     

    Week 11: 20/21 May

    The end of the post-war boom: the international economy 1974-1989

    REPORT 2 IS DUE IN TWO WEEKSâ TIME

     

    Report 2 questions:

  7. What caused the international economic recessions in 1974-75 and 1980-83?
  8. Why did an international debt crisis develop in the 1980s?

    Essential Reading:

    David Meredith and Barrie Dyster, Australia in the Global Economy: Continuity and Change (Cambridge University Press, 1999) Chapter 10

     

    Other references:

    Black, S.W., 'Learning from adversity: policy responses to two oil shocks', Princeton Essays in International Finance, No. 160, Dec. 1985

    Bleaney, Michael, The Rise and Fall of Keynesian Economics (1985), chap. 6

    Bouchet, M.H., The Political Economy of International Debt: What, Who, How Much and Why? (1987)

    Canterbery, E.R., The Making of Economics (3rd edn. 1987), chaps. 15 & 16

    The Economist, 'The OPEC decade', 29 Dec. 1979, pp. 39-60

    Foreman-Peck, J., A History of the World Economy: International Economic Relations since 1850 (1983), pp. 349-366

    George, Susan, A Fate Worse than Debt (1988)

    Jacob Schatan, Jacob, World Debt: Who is to Pay? (1987)

    Maddison, Angus, Dynamic forces in capitalist development (1991) chaps 5 & 6

    Nunnenkamp, Peter, The International Debt Crisis of the Third World: Causes and Consequences for the World Economy (1986)

    Scammell, William M., The International Economy since 1945 (2nd edn. 1983), chap. 13

     

    Week 12: 27/28 May

    Stagflation and economic reform: Australia in the global economy 1974-1989

    Report 2 questions:

  9. Why was stagflation a problem in the Australian economy in the 1970s and 1980s?
  10. What were the reasons behind economic reform in Australia in the 1980s?

 

Essential Reading:

David Meredith and Barrie Dyster, Australia in the Global Economy: Continuity and Change (Cambridge University Press, 1999) Chapter 11

Other References

Stagflation:

Catley, Bob, Globalising Australian Capitalism (1996) Chapter 7

David, Kevin, 'Managing the Economy' in Brian Head and Allan Patience (eds), From Fraser to Hawke (1989), pp.66-109

Hughes, Barry, Exit Full Employment (1980), pp. 69-232

Hughes, Barry, 'The Economy' in Allan Patience and Brian Head (eds), From Whitlam to Fraser: Reform and Reaction in Australian Politics (1979), pp.9-49

Indecs Economics, State of Play 3, 4 and 5: The Australian Economic Policy Debate (1984, 1986, 1988)

Pagan, Adrian, 'The End of the Long Boom'. in Rodney Maddock and Ian M. McLean (eds), The Australian Economy in the Long Run (1987)

Pinkstone, Brian, Global Connections: A History of Exports and the Australian Economy (1992), chap. 7

Whitlam, G., The Whitlam government 1972-1975 (1985) chap 3

Whitwell, Greg, The Treasury Line (1986), chaps.7, 8 & 9

Economic reform:

Bell, Stephen, Australian Manufacturing and the State: the Politics of Industry Policy in the Post-war era (1993) Chapter 6

Capling, Ann and Galligan, Brian, Beyond the Protective State (1992) chapter 4 (additionally, chapters 5-7)

Carroll, John and Manne, Robert (eds.), Shutdown: the Failure of Economic Rationalism and How to Rescue Australia (1992) pp. 7-26

Forsyth, Peter (ed.), Microeconomic Reform in Australia (1992) Chapters 1 & 15

King, Stephen and Lloyd, Peter (eds.), Economic Rationalism: Dead End or Way Forward? (1993) pp.1-48

Quiggin, John, Great Expectations: Microeconomic Reform and Australia (1996) Chapters 15 & 16

Stewart, Jenny, The lie of the level playing field: industry policy and Australiaâs future (1994)

Wiltshire, Kenneth, ÎPrivatisation and Corporatisationâ, in Randal G. Stewart (ed), Government and Business Relations in Australia (1994)

 

 

 

Week 13: 3-4 June

The international economy since 1990: the impact of globalisation

REPORT 2 DUE BY 4pm THIS FRIDAY (6 JUNE)

Essential Reading:

David Meredith and Barrie Dyster, Australia in the Global Economy: Continuity and Change (Cambridge University Press, 1999) Chapter 12

 

Week 14: 10-11 June

Globalisation in Australia since 1990

Essential Reading:

David Meredith and Barrie Dyster, Australia in the Global Economy: Continuity and Change (Cambridge University Press, 1999) Chapter 13

 

 

 

Further details of formal requirements

  1. Submission & return of Reports
  2. Guide to writing the Report
  3. Late submission of Report
  4. Final Examination

Submission and return of Reports

Each Report must be submitted in two forms:

  1. Paper copy ö with cover sheet provided and Declaration signed. Hand in at Room 102 or School of Economics Office, Room 223, John Goodsell Building.
  2. Electronic copy ö via WebCT (this version may be subject to plagiarism checks)

Failure to submit the Report in both forms will result in delay in marking.

Reports submitted by the due date will be returned with written comments and a mark out of 20 within two weeks of the due date. The marking schedule on the Cover Sheet will be used to indicate strengths and weaknesses in your work.

Guide to writing the Report

The purpose of writing these Reports is to develop your capacity to build a logical and coherent argument in literary form and to extend your knowledge of the subject. Report writing is one of the most important ways of learning in any subject. It is also a skill employers expect you to have acquired whilst at University.

Characteristics of a good Report

(See Marking Criteria on the Cover Sheet)

  1. Focus on question. You must show you know what the question is about and that you have answered it fully. This will involve analysing the question and deciding what is being asked for by such instructions as 'Discuss', 'Assess' and 'Compare'; the meaning of key words such as 'Why', 'What' and 'How'; and what is called for when you are asked to comment on 'importance' or 'significance'. Since the length of the Report is quite short, you must be clear and concise as well as comprehensive.
  2. Appropriate structure. The Report should present a reasoned argument that the reader can easily follow. Facts and opinions of other writers are of no use unless you use them to develop a systematic point of view or argument. The Report should be structured so that the argument you are making is clear (from the opening paragraph preferably, and certainly in the introduction) and signposted throughout so that the reader knows the stage the argument has reached and where it is going next. Your arguments must be supported by evidence drawn from your reading and presented in the relevant places in the Report. Your aim should be to convince the reader of the validity of your argument.
  3. Reading. The Report should contain evidence of reading beyond the textbook. Reading critically means questioning the material (don't assume it's true just because it's published); understanding the material (following the argument the writer is developing); and evaluating the material (testing it against what other writers say and your own judgement).
  4. Presentation. The Report should be competently presented. It should be clearly written or typed. Bad grammar, incorrect spelling and poor expression not only give an impression of incompetence, they also make it difficult for the reader to understand the point being made. Quotations from books and articles should be used sparingly in number and length. They should only be used to illustrate a point that you have already made and not as a substitute for your own words. Overall, quotations must not exceed 10 per cent of the Report.
  5. References. Reports must be properly referenced. Students are expected to acknowledge the sources of ideas and information used in submitted work. Indeed, failure to do so is plagiarism (see below). Providing adequate documentation is not only an indication of academic honesty, but also a courtesy enabling the marker to consult sources with ease. All direct quotations and statistics, as well as sections paraphrased or summarised in your own words, should be footnoted. The style adopted for footnotes should be clear, comprehensive and consistent. For books you should show author's name, title of the book, year of publication and publisher, and the pages you are referring to. For articles in journals, you should show the author, title of the article, title of the journal, year and volume of the journal, and the pages you are referring to. The inclusion of correct page numbers is especially important. Footnotes may be placed at the bottom of each page or at the end of the Report (but do not use both of these methods at the same time) and should be numbered consecutively throughout the Report. Only cite the references you have actually used: do not cite the references cited in the sources that you used unless you actually consulted them.

 

BIBLIOGRAPHY

List all references cited in footnotes as well as other sources that provided you with useful information or significantly influenced your thinking in writing your Report, including lecture notes where appropriate. The style of the bibliography should be similar to that used for footnotes. Entries in the bibliography should be fully integrated - do not separate books and articles. Preferably, the items should be listed in alphabetical order according to the surname of the author. It is not necessary to specify in the bibliography which pages or chapters of a book you actually used.

 

PLAGIARISM

Plagiarism is cheating. It is a serious offence and may result in the Report receiving a zero mark. Moreover, plagiarism constitutes academic misconduct for which the University imposes severe penalties.

You are required to sign the Declaration relating to plagiarism on the Cover Sheet when submitting your work.

The Report that you submit must be all your own work and expressed in your own words. This means that you must not copy directly from the text of books and articles unless you indicate you have done so by the use of quotation marks and footnotes and, in any case, such quotations must not exceed 10 per cent of the total length of the Report. The best way to proceed is to take notes in your own words from books and articles and use these notes as the basis of your Report. You may, of course, discuss your Report with others: but the submitted Report must be all your own work.

 

 

Late submission of Reports

You are expected to work steadily on an assignment over a number of weeks and not to leave it until the last minute. You will have had at least six weeks notice of the time allowed to do the assignment (eg: from week 1 to week 8 in the case of the first Report)

Extension of deadline

In certain circumstances an extension to the deadline will be granted:

  • Application for an extension should normally be made in person to me prior to the due date.
  • There must be significant circumstances that have prevented you from submitting on time. These circumstances must have interrupted your work for more than three days (thus a three-day illness or a period away from the university for less than four days will not be considered to be significant). University regulations state: ÎThe circumstances have to be unexpected and beyond your control. Students are expected to give priority to their University study commitments and any absence must be clearly for circumstances beyond your control. Work commitments are not normally considered a justification.â Nor are holidays taken during teaching weeks. You must submit a Request for Special Consideration for Assessment to the University outlining these circumstances (see page 4 of this Guide). The University will require documentary proof of the circumstances that you are claiming delayed your University studies.
  • In deciding whether to grant an extension, consideration will be given to how much progress you have made so far on the assignment. In order for me to do this, when applying for an extension bring with you your notes and drafts of work on the Report to date. If you have made little or no progress by the time you apply for an extension, it will not be granted.
  • If you are granted an extension, a new deadline will be set.
  • If you are granted an extension, marks will be deducted for late submission (see below) but these deductions will be cancelled when notification is received by me that the University has accepted your Request for Consideration. If the University does not accept your Consideration, the deductions will stand.

 

Penalties for late submission:

Marks will be deducted for late submission as follows: 5 percentage points per day (weekend = one day). For example, if your Report is assessed at 70% (credit) you will actually get 65% if one day late, 60% if two days late, 55% if three days late and so on. In this example, the Credit mark of 70% will turn into 45% Fail if the Report is five days late.

 

Final Examination

Format: short-answer questions: 1 page per answer

Time: 2 hours

No. of questions: 24

No. of questions to be answered: 12

All questions are of equal value

Each answer is worth 5% of total assessment in this course

There are two questions on topics covered in each of weeks 2-6 and 8-14 (24 questions in total).

Answer one of these two questions for each of the weeks 2-6 and 8-14 (12 answers in total)

Sample of exam paper

Week 5: Australia 1914-1929

ANSWER EITHER QUESTION (a) OR (b) IN THE SPACE BELOW

  1. What impact did the First World War have on Australiaâs foreign trade?

OR

(b) Why did tariff protection increase in Australia in the 1920s?

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cover sheet for Report 2

ECON1301Australia in the Global Economy

 

Name································

Student ID number···········.

Question No··.

Question:

··································

··································

Due date: 4pm Friday 6 June 2003

Date submitted·······..

Declaration:

This Report is my own work and has not been submitted as an assignment in any other course. References used in writing this report are fully documented in footnotes and the Bibliography.

Signed·······················..

 

MARKING CRITERIA

Criteria

Weight %

<50%

50%

65-75%

80% +

Poor

Satisfactory

Good

Excellent

Focus on question

20

        

Appropriate structure

25

        

Reading

20

        

Presentation

15

        

References

20

        

MARK············.

Cover sheet for Report 1

School of Economics

ECON1301

Australia in the Global Economy

 

Name································

Student ID number···········.

Question No··.

Question:

··································

··································

Due date: 4pm Friday 2 May 2003

Date submitted·······..

Declaration:

This Report is my own work and has not been submitted as an assignment in any other course. References used in writing this report are fully documented in footnotes and the Bibliography.

Signed·······················..

 

MARKING CRITERIA

Criteria

Weight %

<50%

50%

65-75%

80% +

Poor

Satisfactory

Good

Excellent

Focus on question

20

        

Appropriate structure

25

        

Reading

20

        

Presentation

15

        

References

20

        

MARK············.