The unit is an interdisciplinary study of the economic and business environment of the Asia-Pacific region that examines the interactions and development of economies of the region over time, the special factors affecting different countries and areas, the structure of industry and ownership, government-business relations, the impact of globalisation, regional trade and investment as well as prospects for emerging international business.

Learning outcomes

After successful completion of this unit, students will be able to:
1. Integrate specialised business and economic concepts to analyse competitive strategies and business decision-making in the Asia-Pacific and South East Asia regions

2. Critically assess the complex structures and workings of major economies such as Japan, China, South Korea, India and the ASEAN countries using appropriate economic concepts and ideas
3. Critique and synthesise the economic development of Pacific Basin economies in a comparative fashion with reference to appropriate models, government policies and theory
4. Develop an informed position about the causes of financial, currency, and economic crises in the Asia-Pacific region and diagnose/assess how governments of the region responded to these crises.

Graduate attributes

1. UC graduates are professional - communicate effectively
1. UC graduates are professional - display initiative and drive, and use their organisation skills to plan and manage their workload
1. UC graduates are professional - employ up-to-date and relevant knowledge and skills
1. UC graduates are professional - take pride in their professional and personal integrity
1. UC graduates are professional - use creativity, critical thinking, analysis and research skills to solve theoretical and real-world problems
2. UC graduates are global citizens - adopt an informed and balanced approach across professional and international boundaries
2. UC graduates are global citizens - behave ethically and sustainably in their professional and personal lives
2. UC graduates are global citizens - communicate effectively in diverse cultural and social settings
2. UC graduates are global citizens - think globally about issues in their profession
2. UC graduates are global citizens - understand issues in their profession from the perspective of other cultures
3. UC graduates are lifelong learners - adapt to complexity, ambiguity and change by being flexible and keen to engage with new ideas

Prerequisites

6234 Economics for Managers G

Corequisites

None.

Incompatible units

6393 Asia Pacific Business and 11206 Asia Pacific Business

Equivalent units

6427 Asia Pacific Business G

Assumed knowledge

NONE