• Offered by Crawford School of Public Policy
  • ANU College ANU College of Asia and the Pacific
  • Course subject Asian Studies
  • Areas of interest Development Studies, Asian Studies, Applied Economics
  • Academic career UGRD
  • Course convener
    • Prof Jane Golley
  • Mode of delivery In Person
  • Offered in Second Semester 2023
    See Future Offerings

The course is open to students from both economics and non-economics backgrounds who are interested in the diverse experiences of Asian economies. The course aims to give students the analytical skills to compare and contrast the multiple paths to prosperity and critically assess the prospects and challenges for Asian economies and their citizens to thrive in the future. The course moves beyond the mainstream approach to assessing country-level economic performance, by incorporating seven ways to think like a 21st-century economist, as explained in the book Doughnut Economics, in a holistic exploration of the economic growth and development patterns in the dynamic Asian region. These include shifting the goal beyond GDP to broader measures of sustainable development and human wellbeing; understanding the importance of economic and political systems beyond the textbook 'free market'; recognising the critical role of governments in supporting equitable and regenerative development; and questioning whether the 20th-century obsession with economic growth is compatible with 21st-century development challenges.

Drawing on the diverse lessons offered by Japan's early industrialisation and the East Asian 'miracle', 'socialism with Chinese characteristics', India's democratic development, Bhutan's gross national happiness, and more, the course will use both analytical and comparative methods to cover topics including fair (and unfair) trade and investment, poverty and inequality, 'green' development, the links between population and growth, and the economics of happiness.

Learning Outcomes

Upon successful completion, students will have the knowledge and skills to:

  1. Demonstrate a 21st-century understanding of economic growth and development.
  2. Understand the economic performance, prospects and challenges of economies in Asia.
  3. Understand the broader societal and sustainable development challenges faced in key Asian economies.
  4. Critically compare and contrast alternative paths to prosperity.
  5. Articulate views on all of the above, in written and spoken form, supported by academic evidence.

Indicative Assessment

  1. Tutorial quizzes (three across the semester, 5% each) (15) [LO 1,2,3,5]
  2. Podcast (small group work creating 15 minute podcast on relevant topic) (25) [LO 1,2,3,4,5]
  3. Country-specific report (on selected topics, such as trade, inequality, poverty), 1000 words (20) [LO 1,2,3,5]
  4. Research essay, 2000 words (40) [LO 1,2,3,4,5]

The ANU uses Turnitin to enhance student citation and referencing techniques, and to assess assignment submissions as a component of the University's approach to managing Academic Integrity. While the use of Turnitin is not mandatory, the ANU highly recommends Turnitin is used by both teaching staff and students. For additional information regarding Turnitin please visit the ANU Online website.


The standard workload for a 6 unit course is 130 hours including class time and independent study.

Inherent Requirements

Not applicable

Prescribed Texts

Raworth, K, 2017, Doughnut Economics, Penguin Random House.



Tuition fees are for the academic year indicated at the top of the page.  

Commonwealth Support (CSP) Students
If you have been offered a Commonwealth supported place, your fees are set by the Australian Government for each course. At ANU 1 EFTSL is 48 units (normally 8 x 6-unit courses). More information about your student contribution amount for each course at Fees

Student Contribution Band:
Unit value:
6 units

If you are a domestic graduate coursework student with a Domestic Tuition Fee (DTF) place or international student you will be required to pay course tuition fees (see below). Course tuition fees are indexed annually. Further information for domestic and international students about tuition and other fees can be found at Fees.

Where there is a unit range displayed for this course, not all unit options below may be available.

6.00 0.12500
Domestic fee paying students
Year Fee
2023 $4560
International fee paying students
Year Fee
2023 $5820
Note: Please note that fee information is for current year only.

Offerings, Dates and Class Summary Links

ANU utilises MyTimetable to enable students to view the timetable for their enrolled courses, browse, then self-allocate to small teaching activities / tutorials so they can better plan their time. Find out more on the Timetable webpage.

The list of offerings for future years is indicative only.
Class summaries, if available, can be accessed by clicking on the View link for the relevant class number.

Second Semester

Class number Class start date Last day to enrol Census date Class end date Mode Of Delivery Class Summary
On Campus
5654 24 Jul 2023 31 Jul 2023 31 Aug 2023 27 Oct 2023 In Person View

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