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Academic Year: | 2012/3 |
Owning Department/School: | Department of Economics |
Credits: | 6 |
Level: | Intermediate (FHEQ level 5) |
Period: |
Semester 1 |
Assessment: | EX 100% |
Supplementary Assessment: | Like-for-like reassessment (where allowed by programme regulations) |
Requisites: | |
Description: | Aims: The aim of the unit is to define economic development, 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. * Ability to work in a team to produce a short presentation, to learn from feedback on the presentation and then produce a 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) |
Programme availability: |
ES20021 is Compulsory on the following programmes:Department of Economics
ES20021 is Optional on the following programmes:Department of Economics
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