EC36320 - DEVELOPMENT ECONOMICS

Module Identifier

EC36320

Module Title

DEVELOPMENT ECONOMICS

Academic Year

2006/2007

Co-ordinator

To Be Arranged

Semester

Intended for use in future years

Next year offered

N/A

Next semester offered

N/A

Pre-Requisite

EC31310 and, EC31510

Course delivery

Lecture

20 Hours.

Seminars / Tutorials

6 Hours.

Assessment

Assessment Type	Assessment Length/Details	Proportion
Semester Exam	3 Hours	75%
Semester Assessment	1500 - 2000 words	25%
Supplementary Exam	3 Hours	100%

Learning outcomes

On successful completion of this module students should be able to:

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 individual behaviour developed for advanced economies can be applied, with some modification, to explain behaviour of agents in developing countries.

Aims

The aim of this module is to provide students with an advanced understanding of individual behaviour in Less Developed Countries. It also aims to provide students with transferable skills, ie, abstract analysis - written and oral communication, leadership.

Brief description

To examine the principal features of developing countries and the problems that hinder their economic progress and the policies needed to overcome these.

Content

Introduction
The dual model of economic development
Rural urban migration
Efficiency wage models
Farm size and productivity
Risk and uncertainty
Agricultural contracts
Child labour
Famines
Rural credit markets
Free trade and protection
Primary exports
Debt and foregin aid

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 and S C Smith (2003) Economic Development 8th edition. Addison Wesley

Notes

This module is at CQFW Level 6