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SP20277: Development economics: macroeconomic perspective

[Page last updated: 15 October 2020]

Follow this link for further information on academic years Academic Year: 2020/1
Further information on owning departmentsOwning Department/School: Department of Social & Policy Sciences
Further information on credits Credits: 6      [equivalent to 12 CATS credits]
Further information on notional study hours Notional Study Hours: 120
Further information on unit levels Level: Intermediate (FHEQ level 5)
Further information on teaching periods Period:
Semester 1
Further information on unit assessment Assessment Summary: CW 100%
Further information on unit assessment Assessment Detail:
  • Coursework (CW 100%)
Further information on supplementary assessment Supplementary Assessment:
Like-for-like reassessment (where allowed by programme regulations)
Further information on requisites Requisites:
Description: Aims:
The aim of the unit is to define and understand economic development from a macroeconomic perspective, and then review - from both historical and theoretical angles - different explanations for global variation in the rate of economic development, with particular reference to low and middle income countries (L&MICs) of Latin America, Asia and Africa.

Learning Outcomes:
To acquire an improved understanding of:
* the extent of global diversity in economic development and implications for human welfare;
* explanations for variation in levels of poverty and economic development globally;
* how the economies of L&MICs interact with those of high income countries (HICs);
* the relevance of economic theory to the analysis of the economic problems and prospects of LMICs;
* the relationship between economics and other social science disciplines relevant to understanding economic development.

Skills:

* Ability to understand theories and models, to assess critically their consistency and relevance to historical material, and to apply them to a specific country case study.
* Ability to work in a team to produce a short presentation, to learn from feedback on the presentation and then produce a country briefing paper on a related topic.

Content:
Economic development will be viewed as: the evolution of ideas and strategies; the spread of capitalism; trade and technology transfer; strengthening the state; demographic change; agricultural transformation; reduced inequality; financial sector development and sustainable human development.
Key text: G.M. Meier and J E Rauch (eds) 2005 Leading Issues in Economic Development (8th edition).
Further information on programme availabilityProgramme availability:

SP20277 is Compulsory on the following programmes:

Department of Social & Policy Sciences
  • UHSP-AFB21 : BSc(Hons) International Development with Economics (Year 2)
  • UHSP-AKB21 : BSc(Hons) International Development with Economics with Year long work placement (Year 2)

SP20277 is Optional on the following programmes:

Department of Economics
  • UHES-AFB03 : BSc(Hons) Economics (Year 2)
  • UHES-AAB03 : BSc(Hons) Economics with Study year abroad (Year 2)
  • UHES-AKB03 : BSc(Hons) Economics with Year long work placement (Year 2)
  • UHES-AFB01 : BSc(Hons) Economics and Politics (Year 2)
  • UHES-AAB01 : BSc(Hons) Economics and Politics with Study year abroad (Year 2)
  • UHES-AKB01 : BSc(Hons) Economics and Politics with Year long work placement (Year 2)
  • UHES-ACB01 : BSc(Hons) Economics and Politics with Combined Placement and Study Abroad (Year 2)
  • UHES-ACB03 : BSc(Hons) Economics with Combined Placement and Study Abroad (Year 2)
Department of Politics, Languages and International Studies
  • UHPL-AFB10 : BSc(Hons) Politics with Economics (Year 2)
  • UHPL-AFB10 : BSc(Hons) Politics with Economics (Year 3)
  • UHPL-AAB10 : BSc(Hons) Politics with Economics with Study year abroad (Year 2)
  • UHPL-AAB10 : BSc(Hons) Politics with Economics with Study year abroad (Year 4)
  • UHPL-AKB10 : BSc(Hons) Politics with Economics with Year long work placement (Year 2)
  • UHPL-AKB10 : BSc(Hons) Politics with Economics with Year long work placement (Year 4)

Notes: