SP20277: Development economics: macroeconomic perspective
[Page last updated: 01 August 2022]
Academic Year: | 2022/23 |
Owning Department/School: | Department of Social & Policy Sciences |
Credits: | 6 [equivalent to 12 CATS credits] |
Notional Study Hours: | 120 |
Level: | Intermediate (FHEQ level 5) |
Period: |
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Assessment Summary: | CW 100% |
Assessment Detail: |
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Supplementary Assessment: |
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Requisites: | |
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. |
Aims: | The aim of the unit is to define and understand economic development from a macroeconomic perspective, 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. |
Skills: | * Ability to understand theories and models, to assess critically their consistency and relevance to historical material, and to apply them to a specific country case study. * Ability to work in a team to produce a short presentation, to learn from feedback on the presentation and then produce a country 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: |
SP20277 is Compulsory on the following programmes:Department of Social & Policy Sciences
SP20277 is Optional on the following programmes:Department of Economics
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Notes:
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