|| EC36320 |
|| DEVELOPMENT ECONOMICS |
|| 2006/2007 |
|| To Be Arranged |
|| Intended for use in future years |
|Next year offered
|| N/A |
|Next semester offered
|| N/A |
|| EC31310 and, EC31510 |
| Course delivery
|| Lecture || 20 Hours. |
|| Seminars / Tutorials || 6 Hours. |
|Assessment Type||Assessment Length/Details||Proportion|
|Semester Exam||3 Hours ||75%|
|Semester Assessment|| 1500 - 2000 words ||25%|
|Supplementary Exam||3 Hours ||100%|
Learning outcomesOn 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.
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.
To examine the principal features of developing countries and the problems that hinder their economic progress and the policies needed to overcome these.
The dual model of economic development
Rural urban migration
Efficiency wage models
Farm size and productivity
Risk and uncertainty
Rural credit markets
Free trade and protection
Debt and foregin aid
** 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
This module is at CQFW Level 6