Development Economics

obligatory courses

The course aims to provide a thorough review and critical assessment of contemporary issues in economic development and the political economy of development, covering the main analytical approaches, empirical evidence, institutions and policy issues in development economics.

Classroom

The course aims to provide a thorough review and critical assessment of contemporary issues in economic development and the political economy of development, covering the main analytical approaches, empirical evidence, institutions and policy issues in development economics.

Outline of seminars (subject to changes):

 development economics – a primer;

 characteristics of underdevelopment;

 measuring growth and development;

 poverty and inequality;

 theories of economic growth and development;

 population growth and economic development;

 rle of state in development;

 agriculture, industry, trade and development.

Core Readings  Meier, G.M. & Rauch, J.E. (2005 or newer) Leading Issues in Economic Development, Oxford University Press;

 Ray, D. (1998) Development Economics, Princeton University Press;

 Sachs, J. (2005) The End of Poverty. How Can We Make It Happen in Our Lifetime, Penguin;

 Thirlwall, A.P. (2006 or newer) Growth and Development. With Special Reference to Developing Economies, Palgrave Macmillan (later editions: Economics of Development: Theory and Evidence by A.P. Thirlwall and P. Pacheco-López)

 Todaro, M.P. & Smith, S.C. (2009 & newe) Economic Development, Addison Wesley.

+ Additional materials provided by the lecturer on the weekly basis!!! Some of them OBLIGATORY!!!

On completion of the unit students should be able to:

 Understand and apply the main theories and models of economic development, and link them with a real-world cases;

 Understand the role of institutions in the process of economic development;

 Search, access and examine the main sources of economic and social data relevant to economic development.

1. Final test – 50 % of the final grade (50 points, examination to be held during the final meeting)

2. E-learning platform tasks (kampus platform) – 40% of the final grade (2 x 20 points);

3. Coursework: active participation in seminars – 10% of the final grade (10 points), 1 absence allowed.

In order to complete the module students need to obtain a passing grade (more than 55% of the points) from all components of the assessment.

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