Unit name | Economics of Developing Countries |
---|---|
Unit code | ECON30071 |
Credit points | 20 |
Level of study | H/6 |
Teaching block(s) |
Teaching Block 4 (weeks 1-24) |
Unit director | Mr. Jahir Islam |
Open unit status | Not open |
Pre-requisites |
Introduction to Macroeconomics ECON10011 |
Co-requisites |
None |
School/department | School of Economics |
Faculty | Faculty of Social Sciences and Law |
The main aim of the unit is to present selected key areas of development economics focusing on economic transformation of developing countries, and explore some of the major economic policy issues that contribute to such transformation.
This course develops the economic theory and models needed to address issues of particular interest to developing countries. Some big and unresolved debates will be covered using recent literature. Hence the course requires reading journal articles, besides text books. They will be made aware of the problems and the weakness of the theory, when it fails to fit the empirical evidence.
Performance in the examination will depend on ability to analyse problems, policies as well as the theory with respect to empirical evidence concerning development in the developing countries.
During the classes students are expected to discuss the empirical robustness of the theory. The course focuses mainly on the macroeconomic aspects of development, although some microeconomic aspects of development will also be covered.
Students should::
Summative Assessment: The final grade is entirely determined by a three-hour closed book examination in May/June. You will need to answer three questions from a choice of eight questions from eight topics. The learning outcomes will be assessed fully in the summative assessment.
Formative Assessment: At the end of each term, an essay will be submitted on a topic/question similar to examination questions. The typical essay length is about 2000 words. Analysis of alternative policy issues is essential for these essays. The formative assessment will also test both of the learning outcomes.