Examines the evolution of the concept of economic development and its means of assessment. The course studies the models explaining the process of economic development and the barriers to it. A critical analysis of the success and failure of development theories and policies is examined. A survey of neo-classical, dualist, structuralist, Third-Worldist, Marxist and IMF-based discourses of development and underdevelopment are undertaken.

Code
EC3042
Name
ECONOMIC DEVELOPMENT
Credits
4
Pre-requisites
EC2010GE110 OR EC2010 AND EC2020 OR EC2020GE110
Co-requisites
None
Can be taken twice for credit?
No
Discipline
EC (Economics)
Level
Undergraduate
Type
Regular
CAMS ID
2717
Last update with CAMS
The historical evolution of different meanings, measurements and explanations of economic development.
The basic indicators of economic development
Theories of economic growth and development
Poverty, its measurement and the role of development
Inequality, its measurement and the role of economic development
Migration, Urbanization and the informal sector
International trade theory and development
Term Code Name
Fall 2020 EC3042 ECONOMIC DEVELOPMENT
Fall 2021 EC3042 ECONOMIC DEVELOPMENT