Department of Economics & International Development, Unit Catalogue 2007/08 |
EC30163 Analytical development economics |
| Credits: 6 |
| Level: Honours |
| Semester: 1 |
| Assessment: EX 100% |
| Requisites: |
| Before taking this unit you must take EC20010 and take EC20011 |
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Aims:
* To illustrate the application of modern analytic tools in macro and microeconomics (learnt in previous units) to key development issues and problems; * To introduce new techniques and methods for the analysis of contemporary development issues and questions; * To encourage a questioning approach in the application of techniques. Learning Outcomes: Students should develop their appreciation of the power of economic analysis in addressing applied questions, here specifically in relation to development questions. They should also develop a critical ability in linking economic analysis to real issues, and also recognise its limitations. Skills: * Skills in explaining often complex ideas intuitively in writing or verbally. * The ability to read research articles in development economics critically and understand key arguments or messages. * An understanding of how to apply analytic skills to new questions. Content: Topics will include: conceptions of development: growth, inequality and poverty, insights from growth theory, the role of market imperfections and poor governance, the nature of markets in developing economies: land, labour and credit, corruption, aid and incentives. Key text: Ray, D. Development Economics (Princeton 1998). |