Economics of developing countries
Dr Robert Rice
6 points * Two 1-hour lectures and one 1-hour tutorial per week * First or second semester * Clayton * Prerequisites: ECO2020 and ECO2030, or ECO1020 and ECO1030 with the approval of the lecturer
Objectives On completion of this subject students understand the main causes of underdevelopment and development of developing and/or poor countries; be informed about the main characteristics which affect the economic development of these countries and their development strategies, policies and programs; be able to analyse the possible effects of different types of policies on economic development. Examples will be mainly from Asia and Africa.
Synopsis Definition of economic development; characteristics of developing countries; theories of economic development and underdevelopment; the possible effects and application of agricultural, population, domestic saving, domestic and foreign investment, foreign aid, human resources, and international trade policies on economic development.
Assessment Written (2400-word essay): 25% * Examination (2.5 hours): 70% * Oral presentation: 5%