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Unit information: Introduction to Development Economics in 2015/16

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Unit name Introduction to Development Economics
Unit code EFIMM0004
Credit points 15
Level of study M/7
Teaching block(s) Teaching Block 2 (weeks 13 - 24)
Unit director Dr. Valente
Open unit status Not open
Pre-requisites

Economics for Finance and Management (ECONM1014) Quantitative Methods for Economics, Finance and Management (ECONM1012)

Co-requisites

None

School/department School of Economics, Finance and Management
Faculty Faculty of Social Sciences and Law

Description including Unit Aims

Unit aims are:

  • To present selected key areas of development economics focussing on economic transformation of developing countries, and explore some of the major economic policy issues that contributes to such transformation.
  • To acquire skills for analysing theoretical issues concerning underdeveloped and developing countries.
  • To make aware of the problems and the weakness of the theory, when it fails to fit the empirical evidence.

Intended Learning Outcomes

To equip students with the analytical apparatus needed to assess alternative policy measures directed at improving macroeconomic performance of developing countries.

Teaching Information

Weekly lectures and fortnightly small group tutorials

Assessment Information

Summative assessment: Three-hour closed book examination in summer term: 100%. The examination will test the ability of students to critically analyse a range of policy measures designed at improving macroeconomic performance in developing countries,

Formative assessment: Each student will submit one essay, randomly distributed from a set of five questions.

Reading and References

  • Ray, Debraj (1998) Development Economics, Princeton University Press.
  • Todaro, M. and Smith, S. C. (2009), Economic Development, 10th edition, Pearson Addison Wesley.
  • Thirlwall, A. P. (2006), Growth and Development: with special reference to developing economies, 8th edition, Palgrave Macmillan.
  • Various journal articles

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