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ECO-DEV: Economic Development

COURSE DESCRIPTION

Economic Development is a broad topic with possibly controversial aspects, such as political economics. To ensure a wide coverage using generally accepted principles, as main textbook for the course, EUCLID has selected the now classic textbook Economic Development by Todaro and Smith. This text covers:

Principles and Concepts: Economics, Institutions, and Development: A Global Perspective; Comparative Economic Development; Classic Theories of Economic Growth and Development; Contemporary Models of Development and Underdevelopment.

Problems and Policies: Domestic: Poverty, Inequality, and Development; Population Growth and Economic Development: Causes, Consequences, Controversies; Urbanization and Rural-Urban Migration: Theory and Policy; Human Capital: Education and Health in Economic Development; Agricultural Transformation and Rural Development; The Environment and Development; Development Policy-making and the Roles of Market, State, and Civil Society.

Problems and Policies: International and Macro: International Trade Theory and Development Strategy; Balance of Payments, Developing-Country Debt, and Issues in Macroeconomic Stabilization; Foreign Finance, Investment, and Aid: Controversies and Opportunities; Finance and Fiscal Policy for Development; Some Critical Issues for the Twenty-First Century.

The objective of this course is to provide a solid theoretical and practical foundation to understand economic development in terms of domestic / international, micro / macro concepts and policies..

COURSE OBJECTIVES | LEARNING OUTCOMES

At the end of this course, the student will be able to discuss the fundamentals of:

 Microeconomics as applicable to EcoDev

 Macroeconomics as applicable to EcoDev

 Classic theories and EcoDev factors

 The role of the market

 International factors

 Linguistic factors

 Cultural and possibly religious factors.

COURSE CMS SPECIFICS

Credit value: 3-6 (US standard) | 6-12 (ECTS standard)

Indicative duration (full-time): 4-10 weeks

Indicative duration (part-time): 5-12 weeks

Certificate: Yes

COURSE METHODOLOGY

This course is based on standard EUCLID methodology. Students may refer to the following resources:

Academic Guidelines (HQ version)

Academic Guidelines (most recent version, even if unofficial)

Student Orientation Guidelines (most recent version, even if unofficial)

Zotero instructions for EUCLID students

Grammarly instructions for EUCLID students

REQUIRED TEXTS AND MATERIAL

Course material is provided in the form of embedded videos, audio MP3s, and/or downloadable PDFs.

ASSESSMENT METHODS

Written Assignments, Response Papers and Major Paper: 40% (must pass)

Quiz: 10% (must pass)

Final Exam: 50% (must pass)

COURSE SYLLABUS | ACCESS TO 7 PERIODS

 

Course Instructor:

This is course is supervised by a primary instructor/faculty member and may also be served by a backup instructor.

The International Faculty Coordinator will confirm the assignment. Do not contact any instructor prior to LMS enrollment with faculty assignment confirmed.