EC335-6-SP-CO:
Strategies of Economic Development

The details
2019/20
Economics
Colchester Campus
Spring
Undergraduate: Level 6
Current
Monday 13 January 2020
Friday 20 March 2020
15
14 October 2019

 

Requisites for this module
EC111 or EC100 or EC151
(none)
(none)
(none)

 

(none)

Key module for

BA L100SK Economics,
BA L900 International Development,
BA L901 International Development (Including Year Abroad),
BA L902 International Development (Including Placement Year)

Module description

This module examines the distinctive features of the economies of the less developed countries and introduces you to the literature that attempts to explain the persistence of poverty in those economies. We start with a historical analysis of the growth process to examine why there has been a divergence in the performances between the developed and the developing countries.

The module will then elaborate on the role of institutions and incentives in shaping long run economic development. In particular, we shall examine the role of market imperfections, non-market institutions (such as social norms) and governance institutions. For instance, the ability of poor people to acquire skills may relate to credit constraints (which are a feature of imperfect financial markets), the distribution of wealth within an economy, and investments made by the government in schooling (which in turn may be determined by particular political institutions).

The module combines economic theory with case studies to understand observed phenomena such as child labour, extreme inequality in wealth and income, and high population growth. Particular attention is given to how one can evaluate and determine appropriate policy options.

Module aims

This module aims to give students a good understanding of the functioning of the economies of the less developed countries and of the policy options that could potentially alleviate poverty.

Module learning outcomes

Upon successful completion of this course, students will have acquired a good understanding of the functioning of the economies of the less developed countries and of the policy options that could potentially alleviate poverty. They should be able to apply analytical reasoning to problems facing the developing countries and make informed contributions to debates and discussions about possible ways to enhance welfare in these countries.

This course will provide a range of employability skills. In particular you will gain academic skill, professional working skills, and external awareness. The models discussed in class with provide you with numeracy skills while the ability to do a term paper and read current research work will allow you to develop working skills. Finally, given the topic of the course, you will be exposed to issues facing people in other countries and differences between other cultures that will increase your external awareness. All these skill will provide you with a range of employability skills.

Module information

No additional information available.

Learning and teaching methods

One 2-hour lecture and one 1-hour class per week in one term.

Bibliography

This module does not appear to have a published bibliography.

Assessment items, weightings and deadlines

Coursework / exam Description Deadline Weighting
Coursework Assignment 01/05/2020
Exam 120 minutes during Summer (Main Period) (Main)

Overall assessment

Coursework Exam
50% 50%

Reassessment

Coursework Exam
50% 50%
Module supervisor and teaching staff
Lectures & classes: Ceren Baysan
For further information, send an email message to ueco@essex.ac.uk.

 

Availability
Yes
Yes
No

External examiner

Dr Fabio Riccardo Arico
The University of East Anglia
Senior Lecturer
Resources
Available via Moodle
Of 28 hours, 28 (100%) hours available to students:
0 hours not recorded due to service coverage or fault;
0 hours not recorded due to opt-out by lecturer(s).

 

Further information
Economics

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