Advanced Development Economics
| Code | School | Level | Credits | Semesters |
| ECON3005 | Economics | 3 | 20 | Autumn UK |
- Code
- ECON3005
- School
- Economics
- Level
- 3
- Credits
- 20
- Semesters
- Autumn UK
Summary
Adopts a broad focus on factors influencing growth and development, concentrating on core economic policy areas and the role of international organisations, and on historical and geographical factors affecting development. Topics covered include:
- Macroeconomic policies, in particular exchange rates and the role of the IMF aid policy and the World Bank.
- Effects of aid on growth.
- Macroeconomic and fiscal policy.
- Poverty Climate Change.
- Impacts and mitigation strategies.
- Trade policy and performance and the WTO.
- Institutions and growth experiences in East Asia, China and Africa with a historical perspective.
- Human development and the UN Sustainable Development Goals.
Target Students
Available for final year Undergraduate students on Economics degree programmes (including final year Undergraduate students on the BA Jt Hons Politics and Economics and BSc Jt Hons Mathematics and Economics degrees). Not available for Exchange students.
Classes
This module is delivered through a series of lectures and tutorials.
Assessment
- 25% Coursework 1: Group essay
- 75% Exam 1 (2-hour): Exam
Assessed by end of autumn semester
Educational Aims
The specific aims to this module are:To introduce some of the main economic issues facing developing countries.To provide students with appropriate theoretical tools to analyse and understand these issues.To provide students with guidance as to sources of empirical analysis and evidence, which they can follow up via the reading list and in work for tutorials.To introduce key policy issues relating to the topics discussed.More generally, to illustrate the application of relevant economic theory and analysis to real economic issues.The module aims to enable the participants to develop:Professional communication: students must communicate effectively with their peers to write a group essay. The module will also help to develop interaction and essay writing skills.Co-ordinating with others to produce a group essay.Digital capabilities through the use of library e-resources to help access primary resources, such as journal articles.Learning Outcomes
On completion of the module students should be able to demonstrate:
- A good understanding of key economic issues in developing countries.
- Familiarity (where relevant) with empirical evidence relating to the issues they have studied.
- An ability (where relevant) to discuss policy issues related to the material they have studied.
- An understanding of the role of the World Bank, IMF, WTO and UN in development.
- Greater familiarity with and understanding of the use of economic analysis in addressing important issues in developing countries.
Emphasised learning outcomes are such that students will be able to:
Knowledge and Understanding:
A2 Apply core economic theory and economic reasoning to applied topics.
A6 Extensive knowledge and skills in specific specialisms in economics.
Intellectual Skills:
B2 Reason logically and work analytically.
Professional/Practical Skill:
C3 Be familiar with differing approaches to analysing a given economic problem and the history and development of economic ideas.
Transferable/Key Skills:
D2 Communicate effectively and clearly in written and oral formats.
D4 Show that they can work effectively in a team.
Conveners
- Prof William Oliver Morrissey