Economics of developing countries (I)
- Course Code:
- 153400032
- Unit value:
- 1
- Year of study:
- Year 2
- Taught in:
- Full Year
A wide range of issues is covered in this course, which focuses first on contemporary theories of development:
- balanced and unbalanced growth,
- the Lewis model,
- Harrod-Domar,
- Mahalanobis,
- structuralism,
- dependency theory,
- planning vs the price system.
It then examines:
- critical domestic issues
- industrialisation,
- agriculture,
- choice of technique,
- distribution and poverty,
- population;
- and international implications
- foreign trade,
- foreign aid,
- private foreign investment,
- the multinationals,
- and the IMF.
Prerequisites
15 340 0003 - Introduction to Economic Analysis (Please see course convenor if you have not taken the pre-requisite course but do have some Economics background)
Objectives and learning outcomes of the course
On successful completion of the course, students will be able to:
1. Understand and differentiate between different theories of development
2. Recognise and explain the domestic issues of developing countries that influence their economics
3. Identify and assess the influence and impact of international factors in the economies of developing countries
Method of assessment
Assessment weighting: Exam 80% / Coursework 20%. Resubmission of coursework regulations do not apply to this course.Suggested reading
- Michael P. Todaro, Economic Development (5th ed., 1994)
