AØKA08031U  Development Economics

Volume 2016/2017
Education

BSc programme in Economics -prioritized elective at the 3.year 

MSc programme in Economics – elective course

Content

Our understanding of economic development is constantly evolving. Economic theories and policies are adjusted, augmented and replaced as we gain new insights from observing the World. However, there is often more than one interpretation of observed outcomes. Therefore it is important to have knowledge of both the facts and economists' diverse interpretations of these facts.

The course "Development Economics" therefore gives an overview of the level and changes of socio-economic conditions, such as income, poverty, education and health in the global south. These conditions are put in perspective in presentations and discussions of the major trends in classical and contemporary thinking about economic development.

General textbook material and selected articles on the subject form the core of the readings. The range of topics covered include theories of development, micro- and macroeconomic issues and economic analysis as well as key policy issues and recommendations.

Learning Outcome

After completing the course, the student should be able to:

Knowledge:

  • Show overview of both the issues addressed and the basic concepts used in development economics

  • Identify, describe and assess the measurable indicators, which are used in socioeconomic surveys and analyses of the economic, social and institutional situation and characteristics of developing countries.

  • Discuss theories and empirical evidence on economic inequality, poverty and growth and their internal relationships.

  • Lay out the key elements of the more recent theories and development models.

  • Present and discuss existing theory and empirical evidence on the importance of human resources (health, education and population).

 

Skills:

  • Select relevant micro and macro theories and empirical methods for analyses of the current economic development issues covered in the course.

  • Select relevant micro and macro theories and empirical methods for analyzing development issues that are similar to the issues covered in the course.

  • Summarize and assess theory and empirical evidence on the economic characteristics and functions of selected markets (land, labour and capital/credit) in developing countries.

  • Reflect upon ongoing professional debate in areas such as international trade, foreign direct investment and foreign aid.

 

Competences:

  • Ability to apply theoretical and empirical knowledge about economic development in a competent, coherent and original way in relation to current challenges.

 

Textbooks :

Dwight H. Perkins, Steven Radelet, David L. Lindauer and Steven A. Blovk, 2013. "Economics of Development", 7th edition, W.W. Norton & Company. ISBN-10: 0393123529. ISBN-13: 978-0393123524.

Debraj Ray, 1998. “Development Economics”, Princeton University Press. Hardcover, ISBN: 9780691017068
eBook, ISBN: 9781400835898

David N. Weil, 2013. "Economic Growth", Pearson International Edition, 3rd Edition. ISBN-10: 0273769294 ISBN-13: 978-0273769293

In addition to the textbooks journal articles and reports are also used. The compelte syllabus with chapters ect. will be posted at the start of the course.

Students should have taken Microeconomics and Macroeconomics courses corresponding to 2nd year undergraduate level at the Department of Economics.
The format of the course is a combination of lectures and individual student work. Each week there will be a lecture (2x45 min.) at which core concepts, measures and theories are presented. In addition there will be a short session (45 min.) at wich students work on their own (individually or in groups) with rewiew questions of direct relevance for the syllabus and the exam.
Schedule:
3 hours of lectures per week in 14 weeks.

Time and venue:
To see the time and location of lectures please press the link/links under "Se skema" (See schedule) at the right side of this page (17F means Spring 2017).

You can find the similar information partly in English at
https:/​/​skema.ku.dk/​ku1617/​uk/​module.htm
-Select Department: “2200-Økonomisk Institut” (and wait for respond)
-Select Module:: “2200-F17; [Name of course]”
-Select Report Type: List
-Select Period: "Forår/Spring – Week 4-29”
Press: “ View Timetable”
Credit
7,5 ECTS
Type of assessment
Written examination, 3 hours under invigilation
at the computers of the University. The exam assignment is given in English and can be answered in English or in Danish. Language must be chosen at the course or exam registration.
Exam registration requirements

none

Aid
Without aids
Marking scale
7-point grading scale
Censorship form
External censorship
20 % censorship
Exam period

The exam takes place:

May 29, 2017

at Peter Bangs Vej 36. 2000 Frederiksberg http:/​/​pc-eksamen.ku.dk/​pc_exam The exact time of the exam will be informed in the Self-Service at KUnet.

For enrolled students more information about examination, rules etc. is available at the student intranet for Examination (English),student intranet for Examination (KA-Danish) and student intranet for Examination (BA-Danish).

Re-exam

The written re-exam takes place:

August 25, 2017

at Peter Bangs Vej 36. 2000 Frederiksberg http:/​/​pc-eksamen.ku.dk/​pc_exam The exact time of the exam will be informed in the Self-Service at KUnet.

If only a few students have registered for the re-exam, the exam might change to an oral exam including the date, time and place for the exam, which will be informed  by the Examination Office.

Criteria for exam assesment

Students are assessed on the extent to which they master the learning outcome for the course.

To receive the top grade, the student must be able to demonstrate in an excellent manner that he or she has acquired and can make use of the knowledge, skills and competencies listed in the learning outcomes.

  • Category
  • Hours
  • Lectures
  • 42
  • Preparation
  • 161
  • Exam
  • 3
  • Total
  • 206