Economics
The Economics of Development
Module code: L1065
Level 6
15 credits in spring semester
Teaching method: Lecture, Seminar
Assessment modes: Coursework, Computer based exam
On this module, you’ll gain analytical and empirical tools to understand the functioning of markets and institutions in developing countries.
Key topics include:
- political institutions
- corruption
- property rights
- credit market imperfections
- contractual structures in agriculture
- informal insurance mechanisms.
For each topic, you’ll derive testable implications from theory, evaluate them using econometric testing, and explore policy conclusions.
Module learning outcomes
- Systematically understand the key economic problems and challenges specific to low and middle-income economies, with the ability to apply the knowledge and understanding in practice
- Critically evaluate arguments and data relating to developing countries
- Systematically understand the main theoretical models and empirical methods that are used by the profession to study economic development and be able to comment upon related research
- Analyse and communicate problems in development, both in writing and through presentations to specialist and non-specialist audiences