EC36320 - DEVELOPMENT ECONOMICS

Module Identifier	EC36320
Module Title	DEVELOPMENT ECONOMICS
Academic Year	2001/2002
Co-ordinator	Dr Reza Arabsheibani
Semester	Semester 1
Pre-Requisite	EC30230 or (EC31310 and EC31510)
Course delivery	Lecture	20 Hours
	Seminar	6 Hours
Assessment	Essay	1500 - 2000 words	25%
	Exam	3 Hours	75%

Aims

The aim of this module is to provide students with an advanced understanding of individual behaviour in Less Developed Countries. The emphasis is on microeconomic decisions such as migration, sharecropping or lending under conditions that are somewhat different compared to the familiar neoclassical theory. Macroeconomic topics such as the debt crisis and adjustment will also be looked at.

Learning outcomes

By the end of the course students should:

Have a detailed understanding of the nature of the problems and the theoretical approaches explaining some aspects of individual behaviour in developing countries.
Have a detailed knowledge of the most recent empirical work on those topics.
Be able to combine theory and empirical evidence to draw policy implications.
Understand that models of indikvidual behaviour developed for advanced economies can be applied, with some modification, to explain behaviour of agents in developing countries.

Reading Lists

Books
** Essential Reading
Debraj Ray. (1998) Development Economics. Princeton University Press
** Recommended Text
G M Meier and J E Rauch. (2000) Leading Issues in Development Economics. 7th edition. Oxford
M P Todaro. (2000) Economic Development. 7th edition. Longmans