Mr H W Dick. Students will be expected to have passed at least two of the following subjects, 326-102 Australian Business in the Global Economy, 326-103 The Asian Economies, 316-101 Introductory Macroeconomics and 316-102 Introductory Microeconomics. First semester Three hours per week of semesters, lectures and tutorials. At the end of this course students should be able: to understand the importance of the study of the Japanese business system both from the practical perspective of dealing effectively with Japanese business people and from the perspective of the challenges presented to Western economic and business theories by Japanese practices; to understand the economic structure of Japan, its major business institutions, and the characteristics of important business practices such as decision-making processes; to have a broad understanding of the history of Japanese economic development and of the evolution of major institutions and practices; to critically examine explanations of Japanese business practices and institutions, especially claims about the unique cultural bases to the business system and key components of the system; to consider the forces for change in the Japanese business system both internally and internationally and the implications for future trends in the Japanese business system; and for Australian business relationships with Japan. Understanding Japanese business behaviour since the Meiji era by explaining the logic of Japanese business organisations and practices. Topics may include: the labour relations system; authority and responsibility in Japanese organisations; the relationship between government and business; the role of the zaibatsu, sogo shosha and keiretsu; the Japanese approach to structural change; education and economic performance; the commercial behaviour of Japanese entrepreneurs. Essay and assignment totalling no more than 3,000 words (40%) and a 2-hour final examination (60%). The Japanese Business System: Tutorial Readings (available from the University Bookroom)