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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:

  • Know about introduction of economic development in a global perspective.
  • Familiar with comparative economic development.
  • Understand the classic theories of economic growth and development.
  • Know about poverty, inequality and economic development.
  • Learn about population growth and economic development: causes, consequences and controversies.
  • Understand about human capital: education and health in economic development.
  • Know about exogenous and endogenous growth theory.
  • Understand the production function approach to the analysis of growth.
  • Familiar with contemporary models of development and underdevelopment.
  • Learn about urbanization and rural urban migration: theory and policy.
  • Learn about agricultural transformation and rural development.
  • Learn about the environment and economic development.
  • Understand international trade theory and development strategy.
  • Learn about balance of payments, debt, financial crises and stabilization policies.
  • Familiar with foreign finance, investment, and aid: controversies and opportunities.
  • Learn about finance and fiscal policy for development.


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)
Assignment

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
Quiz 01
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)
Quiz 02
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