Economic development of Africa
- Course Code:
- Unit value:
- Year of study:
- Year 3
- Taught in:
- Full Year
(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.
Scope and syllabus
- 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.
- The term 1 topics are shown in the detailed term 1 reading list which is already available. Term 2 topics include: the role of the state, international financial institutions reform programmes, industrialisation, privatisation, international trade, regional trade, foreign direct investment, determinants of growth, aid and debt. A detailed reading list for each Lecture will be placed on BLE in December 2014.
- The course consists of one lecture and one tutorial per week. The tutorials will address the topics covered in the previous week's lecture. For most tutorials, two students will take responsibility for introducing the topic in each tutorial class. Presentations are limited to ten minutes. All students - even those who are not making a presentation - you will be expected to come to the tutorials prepared to make useful contribution to the class. Students will be allocated one tutorial slot at the beginning of term and are expected to attend their allocated slot.
Method of assessmentAssessment weighing: Exam 80% / coursework 20%. Resubmission of coursework regulations do not apply to this course.
- 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.