African Economic Development 1 (MSc RID)
- Module Code:
- Year of study:
- Year 1
- Taught in:
- Term 1
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 covering 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 detailed grasp of economic history as a basis for critically assessing generalised debates on the determinants of recent economic performance.
This course will delivered alongside the parallel course African economies 1: Applied Microeconomic Analysis, worth 18 CATS credits. Students will have the opportunity to attend all lectures and tutorial, but the examinable component will be approximately 85% of the 18 CATS credits syllabus. The following topics will not be part of the examinable component of this course: Week 8: Education and Economic Development.
- Introduction: The origins of power, prosperity, and poverty.
- Energy, demography and migration.
- The Economics of HIV/AIDS.
- Agriculture and land reforms.
- Industrialisation and trade policy.
- Agricultural pricing and marketing policy.
- Education and economic development.
- Financial dualism, micro finance and mobile money.
Objectives and learning outcomes of the module
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.
Teaching takes place through a weekly 2 hour lecture and 1 hour tutorial
Method of assessment
Assessment weighting: Exam 70% / coursework 30%. Resubmission of coursework regulations apply.