Development economics (Graduate Diploma in Economics course)
- Course Code:
- 153400118
- Unit value:
- 1
- 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 investments, the multinationals and the IMF).
Please see the Graduate Diploma in Economics course page for further details.
Objectives and learning outcomes of the course
The objective of the first part of the course is to explore the main strengths and weaknesses of orthodox and heterodox paradigms within development economics. This aims to provide students with knowledge and critical skills in the political economy of development. The second part of the course aims to foster the students' ability to assess critically the major policy debates (domestic and global) and to evaluate the empirical evidence with respect to these issues in developing countries.
