Economic development of Africa: macroeconomic approaches
- Module Code:
- Module Not Running 2020/2021
- FHEQ Level:
- Year of study:
- Final Year
- Taught in:
- Term 2
This module looks at the macroeconomic dimensions of the economies of Sub-Saharan Africa since independence, though historical perspectives are also considered. Both the theoretical debates related to the economic development of Sub-Saharan Africa and discussed in a critical way, and case studies are presented.
Macroeconomic Analysis OR Microeconomic Analysis OR Issues in Development Economics
Objectives and learning outcomes of the module
LO1. Have acquired an understanding of the main theoretical debates and controversies related to the macroeconomic dimensions of Sub-Saharan economies;
LO2. Know the main macroeconomic facts and characteristics (commonalities and differences) of Sub-Saharan African economies, both at a general level and through selected case studies;
LO3. Have acquired an understanding of the various constraints that shape the development paths of Sub-Saharan African economies;
LO4. Have a general knowledge of the various determinants (policy-related, structral) of the growth paths of Sub-Saharan African economies.
Two hour lecture and a one hour tutorial per week.
Scope and syllabus
The module covers the following topics: the impact of state intervention and public policies in Sub-Saharan Africa, the effects of reforms programmes of International Financial Institutions, including privatisation,the constraints on industrialisation, international trade and export structures, regional agreements, foreign direct investment, foreign aid, the determinants of growth, the problems of the financing of development and debt.
Method of assessment
Written exam paper - two hour examinations - woth 70% of the total mark for the module.
A 2,500 word essay, worth 30% of the total mark - due Term 3.
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UNCTAD. 2014. Economic Development in Africa: Catalysing Investment for Transformative Growth in Africa, Geneva, UNCTAD. (only chapters 1 and 2)
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