On completion of the unit students will be able to:
· Understand and apply the main theories and principles of economic development, particularly in relation to growth and poverty.
· Understand the linkage between theory and practice.
· Develop analytical skills relevant to the assessment of these different economic development principles.
· Able to examine the main sources of economic and social data relevant to economic development – particularly in relation to economic growth and poverty analysis.
· Understand the knowledge and skills acquired to the study of the main forces sustaining and limiting economic development today, and the design of effective policy interventions.
The course aims to provide an outline of the main issues underpinning development economics today, by outlining simple theory and providing extensive applied evidence from development economics.
The lectures will provide a (soft) theoretical understanding of the main development issues – including a focus on economic growth, poverty, taxation and the role of the public sector, amongst others. The course will provide an extensive number of applied developing country examples. The course will be complemented with group work exercises and be assessed with a written assignment. No prior knowledge of development economics is required.
Articles as indicated by the lecturer.
Recommended background reading:
· Todaro, M. P. and Smith, S. (2006) Economic Development 9 th ed. Pearson, London (recommended for all)
· Meir G and Rauch JE (eds) (2005) Leading Issues in Economic Development 8 th edition Oxford UP (recommended for all).
Interactive lectures. Active participation and a final essay. Evaluation will be on a scale from 0 to 5.