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ECO501 : Development Economics

Course Overview

Course Synopsis

Development economics is one of the most attracting branches of the broader disciplines of economics and political economy. Development economics is the economics of poor third world and developing countries like economies of Asia Africa and Latin America. Economic development is a branch of economics which deals with the causes and cures of mass poverty. It pays attention on involuntary deprivation of fundamental material comforts of life basic nutrition shelter minimally competent medical attention and primary education. The purpose to study development economics is to get familiarize about different growth and development theories and the problems of poverty inequality population growth education and health of developing countries and policy options to overcome these problems.

Course Learning Outcomes

At the end of the course you should be able to

  • Articulate a comprehensive understanding of economic development in a global context including historical trends contemporary dynamics and key challenges.
  • Compare and contrast the levels of economic development growth trajectories and socioeconomic indicators among different countries through analytical approach.
  • Assess critically the classic theories of economic growth and development such as endogenous and exogenous growth theories.
  • Examine the relationship between poverty inequality and development aimed at addressing different issues and promoting inclusive growth.
  • Understand key drivers and impacts of population growth in the context of implications for social and economic outcomes.
  • Evaluate policy responses to development challenges and drawing on theoretical insights and empirical evidence to inform their analyses and recommendations.


Course Calendar

1 Introducing Economic Development: A Global Perspective
2 Comparative Economic Development
3 Comparative Economic Development (Continued)

4 Classic Theories of Economic Growth and Development
5 Classic Theories of Economic Growth and Development (Continued1)
6 Classic Theories of Economic Growth and Development (Continued2)

7 Poverty, Inequality and Economic Development
8 Poverty, Inequality and Economic Development (Continued1)
9 Poverty, Inequality and Economic Development (Continued2)

10 Population Growth and Economic Development: Causes, Consequences and Controversies
11 Population Growth and Economic Development: Causes, Consequences and Controversies (Continued1)
12 Population Growth and Economic Development: Causes, Consequences and Controversies (Continued2)

13 Population Growth and Economic Development: Causes, Consequences and Controversies (Continued3)
14 Human Capital: Education and Health in Economic Development
15 Human Capital: Education and Health in Economic Development (Continued1)

16 Human Capital: Education and Health in Economic Development (Continued2)
17 Human Capital: Education and Health in Economic Development (Continued3)
18 Exogenous and Endogenous Growth Theory

19 Production Function Approach to the Analysis of Growth
20 Contemporary Models of Development and Underdevelopment
21 Contemporary Models of Development and Underdevelopment (Continued)

22 Urbanization and Rural Urban Migration: Theory and Policy
23 Urbanization and Rural Urban Migration: Theory and Policy (Continued1)
24 Urbanization and Rural Urban Migration: Theory and Policy (Continued2)

25 Agricultural Transformation and Rural Development
26 Agricultural Transformation and Rural Development (Continued1)
27 Agricultural Transformation and Rural Development (Continued2)

28 Agricultural Transformation and Rural Development (Continued3)
29 The Environment and Economic Development
30 The Environment and Economic Development (Continued1)

31 The Environment and Economic Development (Continued2)
32 The Environment and Economic Development (Continued3)
33 The Environment and Economic Development (Continued4)

34 International Trade Theory and Development Strategy
35 International Trade Theory and Development Strategy (Continued1)
36 International Trade Theory and Development Strategy (Continued2)

37 International Trade Theory and Development Strategy (Continued3)
38 International Trade Theory and Development Strategy (Continued4)
39 International Trade Theory and Development Strategy (Continued5)

40 Balance of Payments, Debt, Financial Crises and Stabilization Policies
41 Balance of Payments, Debt, Financial Crises and Stabilization Policies (Continued1)
42 Balance of Payments, Debt, Financial Crises and Stabilization Policies (Continued2)

43 Foreign Finance, Investment, and Aid: Controversies and Opportunities
44 Foreign Finance, Investment, and Aid: Controversies and Opportunities (Continued)
45 Finance and Fiscal Policy for Development