IDEC8022 Economic Development
| Offered By | International and Development Economics Program |
|---|---|
| Academic Career | Graduate Coursework |
| Course Subject | International and Developmental Economics |
| Offered in | First Semester, 2009 and First Semester, 2010 |
| Unit Value | 6 units |
| Course Description | This course will deal with the principal issues of economic development, with the objective of preparing students for advanced study and policy-oriented research in this subject area. Emphasis will be on economy-wide aspects of economic development, with special references to international dimensions of national development policy making. The course is designed for students at the Master Degree level. A general knowledge of macroeconomics, at least at the advanced undergraduate level, is assumed. |
| Indicative Assessment | Research paper 30%, Mid-Semester Examination 20%, Final Examination 50% |
| Workload | Two one-and-a-half hour lectures per week. |
| Course Classification(s) | AdvancedAdvanced courses are designed for students having reached 'first degree' level of assumed knowledge, which provide a deep understanding of contemporary issues; or 'second degree' and higher levels of knowledge; or for transition to research training programs. and SpecialistSpecialist courses are designed for students having reached 'first degree' level of assumed knowledge, which provide for the acquisition of specialist skills; or 'second degree' and higher level of knowledge; or for transition to research training programs; or knowledge associated with professional accreditation. |
| Areas of Interest | Economics |
| Preliminary Reading |
No single textbook is entirely suitable for the whole course either in its coverage or its level of analysis. The following two books are useful preliminary readings: D. H. Perkins, S. Radelet, and L. Lindauer (2006), Economics of Development, Sixth Edition, New York: W.W. Norton & Company. P. Thirlwall (2006), Growth & Development with Special Reference to Developing Countries, Eight Edition, Palgrave Macmillan. The course will draw heavily on these books, supplemented by journal articles and material from other sources. Some of the sessions will make use of quantitative development data from web-based data sources such as World Development Indicators (World Bank), World Investment Report Database (UNCTAD) and Comtrade Database (UN Statistical Office). |
| Programs | Master of Environmental and Resource Economics and Master of International and Development Economics |
| Other Information |
Course Outline Week 1: Economic development: concept and measurement Week 2: Growth, development and poverty: a historical overview Week 3: Economics of growth and development Week 4: Economics of growth and development (continued) Week 5: Agriculture and rural development Week 6: Industrialization Week 7: Population dynamics, employment and labour mobility Week 8: Domestic financing of economic development: saving and financial intermediation Week 9: Globalization and economic development foreign trade Week 10: Globalization and economic development: foreign direct investment and multinational enterprises Week 11: Globalization and economic development foreign aid and commercial lending Week 12: Managing an open developing economy: exchange rate and balance of payments policy Week 13 Political economy and economic reform
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| Academic Contact | Professor Prema-chandra Athukorala and Professor Peter Warr |
The information published on the Study at ANU 2009 website applies to the 2009 academic year only. All information provided on this website replaces the information contained in the Study at ANU 2008 website.
