The Economics of Less Developed Countries A
Module Code: ECU33041
Module Title: Economics of Less Developed Countries A
- ECTS Weighting: 5
- Semester/Term Taught: Semester 1
- Contact Hours: 22 hours of lectures and 4 hours of tutorials
- Module Personnel: Lecturer - Professor Michael King
*Please note that this outline has not been finalised and is subject to change.
Module Learning Aims
The problems facing less developed countries are among the greatest challenges facing the world today. This module will focus on the diverse structures and common characteristics of less developed countries and will offer an evaluation of policies being pursued.
The module begins by discussing the idea of economic development before moving onto sources of and barriers to development. It uses contemporary models of economic development to investigate why some countries are rich and others are poor.
- What is "development" and who are the "developing countries"?
- Inequality and Development
- Education and Health in Development
- Financial Markets and Development
- Programmes for Poverty Reduction
- Agriculture and Rural Development
- Population Growth and Urbanisation: Problems and Policies
Upon successful completion, students will be able to:
- Explain what is commonly meant by development and which countries fit into the less developed country category and why they do so.
- Discuss the main barriers that prevent poor households from being able to increase their income.
- Understand the challenges involved in evaluating the impact of development policies.
- Critically assess the evidence for the success of various development programmes in reducing poverty.
- Apply economic theory to a range of economic issues and examine the evidence for these theories in developing countries.
Satisfactory completion of this module will contribute to the development of the following key skills:
- The ability to apply economic theory to complex situations with imperfect markets.
- The ability to apply techniques learnt in earlier courses to a practical subject of interest to the students.
Recommended Reading List
The main textbook for the course is: Michael Todaro and Stephen C. Smith, Economic Development, (11th edn.), Addison Wesley Longman, 2011.
A supplementary reading list will also be available on Blackboard.
10% peer-assessment assignment
20% group presentation and report
35% essay assignment
35% take-home test