EC982-15 Development Economics
Introductory description
The Development Economics module will provide students with the analytical tools and the knowledge to study and understand aspects of economic development in developing countries.
Module aims
The aim of the module is to equip students with the analytical tools and the knowledge to study and understand aspects of economic development in developing countries. This module will provide the foundation on the basis of which the study of developing countries can be carried out.
Outline syllabus
This is an indicative module outline only to give an indication of the sort of topics that may be covered. Actual sessions held may differ.
Topics change annually. Topics recently covered in this module include:
Empirical tools for development economics; misallocation; poverty traps; firms; chiefs; audits; migration; farms; affirmative action.
Learning outcomes
By the end of the module, students should be able to:
- Subject Knowledge and Understanding:...demonstrate they have the theoretical and empirical tools and knowledge to analyse the problems and particularities of the functioning of markets and institutions in developing countries. This will help analyse the impact on economic development of alternative policies and institutions. The teaching and learning methods that enable students to achieve this learning outcome are: Two hours of weekly lectures. The summative assessment methods that measure the achievement of this learning outcome are: Essay, replication assignment, participation, independent reading, and an empirical assignment.
- Subject Knowledge and Understanding:...have some appreciation of how development economics can contribute to the design, implementation and evaluation of economic policy to ameliorate poverty and promote economic development. The teaching and learning methods that enable students to achieve this learning outcome are: Lectures and readings. The summative assessment methods that measure the achievement of this learning outcome are: Essay, replication assignment, participation, independent reading and an empirical assignment.
Indicative reading list
Please see Talis Aspire link for most up to date list.
View reading list on Talis Aspire
Subject specific skills
Students will have the opportunity to develop skills in:
Analytical thinking and communication
Analytical reasoning
Critical thinking
Creative thinking
Problem-solving
Abstraction
Policy evaluation
Analysis of incentives
Concepts of Simultaneity and Endogeneity
Analysis of optimisation
Understanding of Uncertainty and Incomplete Information
Transferable skills
Students will have the opportunity to develop:
Research skills
Numeracy and quantitative skills
Data-based skills
IT skills
Written communication skills
Oral communication skills
Team work skills
Mathematical, statistical and data-based research skills
Study time
Type | Required |
---|---|
Lectures | 18 sessions of 1 hour (12%) |
Other activity | 3 hours (2%) |
Private study | 129 hours (86%) |
Total | 150 hours |
Private study description
Private study will be required in order to prepare for seminars/classes, to review lecture notes, to prepare for forthcoming assessments, tests, and exams, and to undertake wider reading around the subject.
Other activity description
Additional classes
Costs
No further costs have been identified for this module.
You do not need to pass all assessment components to pass the module.
Students can register for this module without taking any assessment.
Assessment group A2
Weighting | Study time | Eligible for self-certification | |
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Assessment component |
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Assessment 1 (Replication) | 20% | No | |
Reassessment component is the same |
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Assessment component |
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Assessment 2 (Required Reading) | 20% | No | |
Reassessment component is the same |
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Assessment component |
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Assessment 3 (Group Essay) | 20% | No | |
Reassessment component |
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Assessment 3 (Individual Essay) | No | ||
Assessment component |
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Assessment 4 (Independent Reading) | 20% | No | |
Reassessment component is the same |
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Assessment component |
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Assessment 5 (Empirical Assignment) | 20% | No | |
Reassessment component is the same |
Feedback on assessment
The Department of Economics is committed to providing high quality and timely feedback to students on their assessed work, to enable them to review and continuously improve their work. We are dedicated to ensuring feedback is returned to students within 20 University working days of their assessment deadline. Feedback for assignments is returned either on a standardised assessment feedback cover sheet which gives information both by tick boxes and by free comments or via free text comments on Tabula, together with the annotated assignment. For tests and problem sets, students receive solutions as an important form of feedback and their marked assignment, with a breakdown of marks and comments by question and sub-question. Students are informed how to access their feedback, either by collecting from the Department of Economics Postgraduate Office or via Tabula. Module leaders often provide generic feedback for the cohort outlining what was done well, less well, and what was expected on the assignment and any other common themes. This feedback also includes a cumulative distribution function with summary statistics so students can review their performance in relation to the cohort. This feedback is in addition to the individual-specific feedback on assessment performance.
Pre-requisites
Basic knowledge of microeconomic principles, elementary mathematical methods such as constrained optimization, and simple statistical methods such as multivariate regression. Knowledge of panel data techniques and basic microeconometrics would be an advantage.
Courses
This module is Optional for:
- Year 1 of TECA-L1P6 Postgraduate Taught Economics
- Year 1 of TECA-L1P7 Postgraduate Taught Economics and International Financial Economics