The Global Knowledge Economy - 2016

To enrol in this unit, you must be accepted into a course from the provider. Read before you start
This page is for past year, View 2017 unit details.

Unit summary


  • Level of Study: Postgraduate
  • Study load: 0.125 EFTSL
  • Delivery method: Fully Online
  • Prerequisites: Yes
  • Duration: 13 weeks
  • Government loans available: FEE-HELP
  • Availability for 2016: SP1 , SP3
  • Assessment: Case Study - Individual and Group (30-40%) , Group Discussion Board Task - (20-30%) - Learn more

Unit provided by

2016 Fees
Domestic 3,050.00
Domestic continuing 2,512.00
International 3,300.00
International continuing 2,762.00

Tuition fees are reduced for continuing registered SWI students.
Please login to view the applicable amount.

This unit explores the characteristics of the global knowledge economy, as well as the major economic drivers of change. It provides an opportunity for participants to contextualise the various global economic, political and social pressures on organisations so as to respond to shifting community standards. The unit also provides the opportunity to evaluate frameworks and models aimed at assisting managers to develop appropriate capabilities to address an organisation’s global competitive and sustainability goals.

At the successful completion of this unit students will be able to:

  1. As individuals and in groups, apply  advanced knowledge of complex and constant change at an economic, political and social level through an examination of its impact of the global knowledge economy
  2. Explain and critique  concepts, characteristics, and implications of a dynamic  global knowledge economy with reference to frameworks and theories from an economic, political and social perspective
  3. Apply problem solving and decision making frameworks and techniques to profit and not for profit organisations impacted by the concepts and characteristics of the global knowledge economy
  4. Critically evaluate the challenges for nations, (e.g. Australia) regions, communities, firms, and individuals posed by the global knowledge economy
  • Case Study — Individual and Group (30-40%)
  • Group Discussion Board Task — (20-30%)
  • Report — (30-50%)

Equivalent units

You cannot enrol in this unit if you have successfully completed any of the following unit(s) because they are considered academically equivalent:

  • LMC503 — The Global Knowledge Economy
  • Broadband access

In order to enrol in this unit, you must be accepted into one of the following courses:

Please visit the course details page and read the Requirements tab for more information about eligibility.

This unit addresses the following topics.

1What is the Global Knowledge Economy?
2History of the Global Knowledge Economy
3The Global Knowledge Economy and International Trade
4Knowledge, Human & Social Capital as Drivers of Growth
5The Global Knowledge Economy and Financial and Labour Market Deregulation
6The Wealth and Poverty of Nations
7Market Failures & Environmental Sustainability
8Managing Diversity in Australian Business in a Globalised Knowledge Economy
9Challenges for Organisations in the Global Knowledge Economy
10Globalisation and the Role of Institutions
11Nations, Corporations and Regional Structures
12The Role for Government in Supporting the Global Knowledge Economy

This unit is delivered using the following methods and materials:

Print based materials

  • Welcome Letter

Online materials

  • Printable format materials

This unit is an approved elective in the following courses:

This unit may be eligible for credit towards other courses:

  1. Many undergraduate courses on offer through OUA include 'open elective' where any OUA unit can be credited to the course. You need to check the Award Requirements on the course page for the number of allowed open electives and any level limitations.
  2. In other cases, the content of this unit might be relevant to a course on offer through OUA or elsewhere. In order to receive credit for this unit in the course you will need to supply the provider institution with a copy of the Unit Profile in the approved format, which you can download here. Note that the Unit Profile is set at the start of the year, and if textbooks change this may not match the Co-Op textbook list.
This unit does not have a prescribed textbook(s).

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