DEVELOPMENT ECONOMICS

Course Description

This is an intermediate undergraduate course in development economics. The course covers the following topics: the meaning and measurement of economic development, growth theories, poverty and income distribution, the role of geography and institutions, fertility and population growth, the role of credit markets and microfinance, health and nutrition, education, female empowerment. On successful completion of this course, students will be able to: demonstrate familiarity with some central themes and issues of economic development, demonstrate the understanding of the difference between growth and development, major growth theories, the measurement of inequality, significance of agricuture in developing countries, poverty and population issues facing the world, international trade, and importance of foreign aid. They will be able to analyse empirical evidence on the patterns of economic development.

DEVELOPMENT ECONOMICS

Evaluation Tools (Active Term)

Course outcomes

No course outcomes have been defined yet.

Course Syllabus

Reference Books & Course Materials

1. 01 Edward Taylor and Travis J. Lybbert (2020) Essentials of Development Economics, 3rd Edition

Learning Outcomes

1. L01 TO DEFINE AND EXEMPLIFY DEVELOPMENT IN COUNTRIES SOLO 3
2. L02 TO COMPARE THE IMPACT OF DEVELOPMENT AND THE EVOLUTION SOLO 4
3. L03 TO CLASSIFY THE INCOME LEVEL MEASUREMENT SOLO 3
4. L04 TO APPLY A METHOD FOR MEASURING POVERTY AND INEQUALITY SOLO 3
5. L05 TO ANALYZE HUMAN CAPITAL AND EVALUATE ITS LEVEL OF DEVELOPMENT SOLO 4
6. L06 TO DEFINE THEORIES ON THE ECONOMIC GROWTH MODEL SOLO 2

Program Outcomes

1. P01 PO1: Engaged in insightful thinking leading to self-learning and lifelong learning.
2. P02 PO2: Established a general knowledge of economics sufficient to work independently through specific learned techniques generated via individual efforts and study.
3. P03 PO3: Reached the required knowledge and skills to understand social, economic and legal issues both within national, international and global contexts and apply theoretical knowledge of economics to practice.
4. P04 PO4: Adopted the ability to critically evaluate, analyze and interpret information gathered through the use of related statistical software programs to suggest creative solutions for economic problems and make relevant economic decisions.
5. P05 PO5: Been aware of gathering and analyzing data through the application of appropriate technological tools in an ethical and safe manner in order to generate economic decisions and policy suggestions.
6. P06 PO6: Been equipped with conceptual and analytical skills essential for team-working and collaborations for economic decision making for a variety of economic concepts in national and global environment.
7. P07 PO7: Endowed with both oral and written communication skills within the economic field to effectively study and work in an international environment
8. P08 PO8: Been able to transfer theoretical knowledge to real life economic environment: to generate policies for microeconomic and macroeconomic problems faced by individuals, firms and governments at national, international and global context.
9. P09 PO9: Developed an ability to apply economic analysis to everyday problems in real world through the development of ethical perspectives and social responsibilities at work and in personal life.

Po-Lo Matrix