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EC205: Topics in Development Economics 1

  • Bhaskar Chakravorty

    Module Leader
  • Bhaskar Chakravorty

    Module Lecturer
15 CATS - Department of Economics

Introduction

EC205 - Topics in Development Economics 1

Principal Aims

To introduce students to key issues facing developing economies. It is based on the modern analytical and empirical approach adopted by researchers, practitioners and international development institutions, with an emphasis on the most recent research advances in the field.

Principal Learning Outcomes

Professional skills:...demonstrate they have learned to read and cite the relevant economic literature to address key questions on development.

Cognitive skills:...demonstrate they have extended their core skills in economic analysis and quantitative methods and will be able to apply this skill in the analysis of problems typical of a developing and less developed economies.

Key skills:...understand development economics studies. Use their content to engage with policy debates.

Subject knowledge and understanding the methods:...by the end of the module the student should be able to demonstrate their understanding of the key issues facing the poor in developing. The students should also be able to use empirical evidence and economic reasoning to discuss the policies aimed at addressing these issues.

Syllabus

Topics covered may include the following in the context of developing regions:

• agricultural households

• behavioural aspects of poverty

• culture

• child labour

• comparative development

• determinants of growth

• education

• firms

• gender

• health

• institutions

• labour markets

• market failures and microfinance

• policy (migration, industrialization, etc)

• poverty and inequality

Topics covered in this module should not overlap with those covered in EC233.

Context

Core Module
L1L8 - Year 3
Optional Module
L100 - Year 2, L1P5 - Year 1, L1PA - Year 1, LM1D (LLD2) - Year 2, V7ML - Year 2, V7ML - Year 3, V7MP - Year 2, V7MP - Year 3, V7MR - Year 2, V7MR - Year 3, V7MM - Year 4, R9L1 - Year 4, R3L4 - Year 4, R4L1 - Year 4, R2L4 - Year 4, R1L4 - Year 4, LA99 - Year 2, LA99 - Year 3, L1CA - Year 2, L1CC - Year 2, L1CC - Year 3, L1CD - Year 2, L1CE - Year 2, V7MS - Year 4, L1CB - Year 4, L1CG - Year 4, L1CJ - Year 4
Pre or Co-requisites

Any of:

EC106-30 Introduction to Economics OR

EC107-30 Economics 1

OR

EC108-30 Macroeconomics 1 AND

EC109-30 Microeconomics 1

OR

EC131-15 Economics for º£½ÇÉçÇø AND

EC229-15 Economics of Strategy

IB121-15 º£½ÇÉçÇø Statistics AND

IB122-15 º£½ÇÉçÇø Analytics

Summary:

Modules: EC106-30 or EC107-30 or (EC108-30 and EC109-30) or (EC131-15 and EC229-15 and IB121-15 and IB122-15)

Assessment

Assessment Method
Coursework (20%) + Centrally-timetabled examination (On-campus) (80%)
Coursework Details
Assignment (20%) , Centrally-timetabled examination (On-campus) (80%)
Exam Timing
Summer

Subject Specific Skills

  • Applied Economics
  • Economic information
  • Economic principles
  • Research and debate
  • Abstraction
  • Analysis of incentives
  • Analysis of institutions
  • Analytical reasoning
  • Analytical thinking and communication
  • Creative thinking
  • Critical thinking
  • Policy evaluation
  • Problem solving

Transferable Skills

  • Data-based skills
  • IT skills
  • Numeracy and quantitative skills
  • Research skills
  • Information technology
  • Math, Statistical, data-based research skills
  • Oral communication
  • Team work skills
  • Written communication

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