The module develops principles of macroeconomics to enable policy makers to govern more effectively in relation to business owners, investors, employees, markets and the regulatory environment in Asia-Pacific context. The module will highlight when and how to apply quantitative and qualitative tools in situations of scarce resources, and competition, and imperfect markets. The second part of this module focuses on economic modernization in Asia with special attention to associated political and social dynamics. Concepts covered include: Modernization, Industrialization and Economic Development, Economic Analysis and Measurement, Trade and Foreign Direct Investment, Demographics, rbanization, Government and Politics. These concepts are taught within a ramework which students apply toward country analysis.