ECON 391

ECON 391: Topics in Economics: Economic Development

Economic analysis of development process. Topics covered include classic theories of economic growth, contemporary models of development and underdevelopment; population growth and human capital in economic development; international trade theory and development strategy; the role of the financial system in economic development.

ECON 101 and ECON 102 are prerequisites for this course.

Lectures: Tuesday and Thursday, 12:30 to 14:00. Room: ART 218

Syllabus

Required Textbook: Michael P. Todaro and Stephen C. Smith, Economic Development (12th Edition), Pearson 2014.

Online Study Space

Grades

First Midterm Test

First Assignment

Second Midterm Test

Second Assignment

Assignments (by teams of 2 or 3 students)

- Assignment 1 (Due Date: 02/17/2015 )

- Assignment 2 (Due Date: 04/09/2015)

Midterm_Test_1_ECON_391_Instructions

Midterm_Test_2_ECON_391_Instructions

Course Outline and Readings

- Topic 1: Introducing Economic Development: A Global Perspective

Readings: Textbook, Ch. 1

- Topic 2: Comparative Economic Development

Readings: Textbook, Ch. 2

Exercises on Comparative Economic Development

DATA_HDI_Exercise_Topic2

Solutions to Exercises on Comparative Economic Development

Solutions_Tables_Exercise_1_Topic2

- Topic 3: Classic Theories of Economic Growth and Development

Readings: Textbook, Ch. 3

Exercises on Classic Theories of Economic Growth and Development

Solutions to Exercises on Classic Theories of Economic Growth and Development

- Topic 4: Poverty, Inequality and Development

Readings: Textbook, Ch. 5

Exercises on Poverty Inequality and Development

Solutions to Exercises on Poverty Inequality and Development

- Topic 5: Population Growth and Economic Development

Readings: Textbook, Ch. 6

Exercises on Population Growth and Development

Data_Topic5_Population

Data_Topic5_Population2

Solutions to Exercises on Population Growth and Development

- Topic 6: Urbanization and Rural-Urban Migration: Theory and Policy

Readings: Textbook, Ch. 7

- Topic 7: Human Capital: Education and Health in Economic Development

Readings: Textbook, Ch. 8

Exercises on Human Capital and Development

Solutions to Exercises on Human Capital and Development

- Topic 8: Agricultural Transformation and Rural Development

Readings: Textbook, Ch. 9

- Topic 9: The Environment and Development

Readings: Textbook, Ch. 10

- Topic 10: International Trade Theory and Development Strategy

Readings: Textbook, Ch. 12

- Topic 11: Foreign Finance, Investment, Aid and Conflict:Controversies and Opportunities

Readings: Textbook, Ch. 14

- Topic 12: Finance and Fiscal Policy for Development

Readings: Textbook, Ch. 15