Associate Professor D T Merrett Entry into the honours program in economic history or a combined honours program including economic history, a postgraduate diploma or a master's program in the Faculty. Second semester A 2-hour weekly seminar. To achieve an understanding of the process of economic change in the Australian economy over the period of European settlement. To achieve an understanding of the role played by factor inputs, and the technologies and organisational structures through which those inputs were transformed into goods and services, and the distribution of income. Topics to be studied will include the changing pattern of the resource base; the growth of the skill-base of the workforce; the sources of funding and the sectoral patterns of capital formation; long term changes in demand patterns for differing sets of goods and services; the role of markets in coordinating economic activities within Australia and between Australia and the international economy; the role of the government in the growth process; and the relatively poor growth performance of the Australian economy in the long run. Written work not exceeding 4,000 words (30 per cent) and a 3-hour examination at end of semester (70 per cent).