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Department of Economics

Economic development of Africa

Course Code:
153400101
Unit value:
1
Year of study:
Year 3
Taught in:
Full Year

The aim of this course is to increase students' capacity to use their growing knowledge of economic theory, development economics and econometrics in rigorous analysis of a subset of critical issues facing policy makers in sub-Saharan Africa.  Attention is paid to data quality and the statistical problems that are a feature of the best applied economic literature overing these countries.  The heterogeneity of African economies is stressed and students are encouraged to focus their written work on particular sub-regions, countries and sectors.  The course also emphasizes the importance of a details grasp of economic history as a basis for critically assessing generalised debates on the determinants of recent economic performance.

Prerequisites

(153400123) Macroeconomic Analysis

OR

(153400130) Microeconomic Analysis

(Note: For BSc Economics and BSc Development Economics students both these courses are core courses in year 2 of their degrees, but BA two-subject degree students can only take EITHER of these two courses in their year 2)

Objectives and learning outcomes of the course

On successful completion of this course, students will be able to:

  • Understand the major and minor strands in debates over African economic development. They will be able to apply their knowledge in constructing a critical analysis of the issues for a particular African country, and will be able to use economic data appropriately.

Method of assessment

Assessment weighing: Exam 80% / coursework 20%. Resubmission of coursework regulations do not apply to this course.

Suggested reading

  • Austin, Gareth (2008), 'Resources, techniques, and strategies south of the Sahara: revising the factor endowments perspective on African economic development, 1500–2000’. Economic History Review, Aug2008, Vol. 61 Issue 3, p587-624
  • Arrighi, Giovanni (2002), ‘The African crisis: World Systemic and Regional Aspects, New Left Review, 15, p5-36.
  • Sender, J. (1999), “Africa’s Economic Performance: Limitations of the Current Consensus”, Journal of Economic Perspectives, No. 3, Summer.
  • Akyüz, Yilmaz and Charles Gore (2001), African Economic Development in a Comparative Perspective, Cambridge Journals of Economics, vol. 25, no 3, May, pp. 265-288.