Course Details in 2024/25 Session

Module Title	LI Economics Perspectives on Development
School	Government
Department	International Development
Module Code	08 34586
Module Lead	Simon Delay
Level	Intermediate Level
Credits	20
Semester	Semester 1
Pre-requisites
Co-requisites
Restrictions	None
Contact Hours	Lecture-10 hours Seminar-20 hours Guided independent study-170 hours Total: 200 hours
Exclusions
Description	How is economic development measured? What are the key determinants of inclusive growth? This module introduces students to some of the key theories, principles and tools used in development economics. The emphasis is on applying an economic approach to understanding recurring development challenges, including the persistence of poverty, inequality, low rates of economic growth, and conflict. The first half of the module will introduce students to some of the key theories of economic growth and development, debates and latest thinking on measuring economic growth, development, poverty, inequality and basic principles on how to interpret economic data, before examining a range of economic challenges that inhibit development, including the management of natural resources, capital, and economic policy. The second half will explore the effectiveness of a range of economic interventions, including behavioural economics, population policies, agricultural policies, market interventions, microfinance, trade policies, private sector development, and the role of global financial institutions in development financing. Weekly lectures will be complemented with participatory weekly seminars, giving students the opportunity to debate and apply different economic data skills and economic theories on what supports and inhibits inclusive development.
Learning Outcomes	By the end of the module students should be able to: Identify and describe key economic problems facing developing countries. Explain how economic growth, development, inequality and poverty are measured, and interpret basic statistics to identify the contribution of different factors and economic sectors to the process of economic development. Critically evaluate the role of economic interventions in growth, development and poverty reduction. Analyse the role of the global financial architecture, and trade in the economic development of low and middle income countries.
Assessment	34586-01 : 2000 Word Assessment : Coursework (50%) 34586-02 : Online Exam : Exam (School Arranged) - Computer-based (50%)
Assessment Methods & Exceptions	Assessment: 1,500 word written assignment (Mid-term; 50%) 1,500 word written assignment (Final; 50%) Reassessment: By failed component
Other
Reading List