Course Description
This course focuses on the economics of developing countries. The course examines the experience of the so called “developed countries” and seeks to understand the processes by which countries enter into a stage where the standards of living of the masses of people are increased and these increases are sustained over time. One of the central issues in economic development is the issue of economic growth. Other issues include poverty and inequality, the Colonial legacy, the environment, gender institutions, and globalization. This course focuses on both the macro and the micro issues that are central to growth and development.
Learning Outcomes
- Upon
completion of the course, the student should:
- Examine the particular structural characteristics of
developing countries;
- Understand theories of economic growth;
- Explain the specific problems developing countries and
their people face and identify policies to address those problems;
- Understand the causes of poverty and inequality in the
developing world;
- Analyze the role that gender plays in economic development;
- Explore environmental problems and issues associated with growth and development.
Course Content
- Definitions
and Measures of Development
- Sustainable
Development
- Sustainable
Human Development
- Models
of Long Term Economic Change
- Small
Size and Caribbean Economic Development
- Health
and Economic Development
- Natural
Disasters and Economic Development
- Explaining
Long Term Economic change
Compulsory Reading Materials
- Economic
Development*, 12th Ed. (2015) Todaro,
Michael P. and Smith, Stephen C.
- ISBN: 978-0133406788
- Economic Development, CourseSmart eTextbook*, 12th Ed. (2015) Todaro, Michael P. and Smith, Stephen ISBN: 978-0133423600
Optional Reading Materials
- Ardnt,
H.W (2001). Economic Development: a semantic history, economic development and
cultural change.
- Hunt,
D (2001). Economic Theories of Development: an analysis of competing paradigms.
- UNDP
Human Development Report (http://www.undp.org/) especially: Overview, Chapters
on HD Indicators and Chapter with Tables.
- Seers,
Dudley. The Meaning of Development, 1969, International Development Review
- Facilitator: Sarah Anang