ECON 910 Development Economics School of Development Economics Semester 2/2548 (January 16 – May 5, 2006) Lectured by: Room: Date: Time: Office Hour:
Dararatt Anantanasuwong, Ph.D. 1/301 Every Friday 1:00 – 4:00 p.m. Monday between 2:30 – 4:30 p.m. Thursday between 9:30 – 12:00 a.m. Or by appointment at 02-727-3295
Main Content: This course covers advanced topics of development economics spanning micro-development and macro-development economics. Topics include dual economy, inter-linkage in rural markets, structural transformation, economic roles of institutions, social welfare, poverty and income distribution, international trade and economic development and computable general equilibrium analysis of development policy scenarios.
Purposes of the Course: Students will explore the concepts of development economics in dealing with poverty reduction and sustainable development in rural and urban areas. The impacts of international trade on and government roles in economic development will be analyzed. The updated analytical tools in economic development will be introduced.
Study Methods: 1. 2. 3. 4.
Class-room lecture Students’ presentation and discussion Students’ report Field trip
Course Evaluation: 1. Presentation 2. Report 3. Final exam
30 points 20 points 50 points
2
Course Outline: I.
II.
III.
IV.
Introduction • Economics, institution, and development • Measuring Development Theories and Models of Development • Classic Theories of Development • Contemporary Models of Development and Underdevelopment Problems and Policies • Poverty, inequality and development • Population growth and economic development • Human resources • Rural-urban migration and development • Agricultural transformation and rural development • International trade and development • The environment and development • The role of the state and development Prospects • The role of the state and development
Required Textbooks: Meier, Gerald M. and James E. Rauch. 2000. Leading Issues in Economic Development. Seventh Edition. Oxford University Press. Todaro, Michael P. and Stephen C. Smith. 2003. Economic Development. Pearson Education Limited. Reference: Allen, Tim and Alan Thomas. 2000. Poverty and Development. Second Edition. Oxford University Press Stiglitz, Joseph and Gerald Meier. 2001. Frontiers of Development Economics: The Future in Perspective. Oxford University Press/The World Bank www.worldbank.org www.oecd.org www.unde.org Many other references from Gerald M. Meier and James Rauch’s textbook
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Date 1/20
Issues
Reference
I. Introduction: Economics, Institution, and Development
Todaro & Smith, chs. 1, 2 Meier & Rauch, ch. 1, I.A
Measuring Development 1/27, 2/3
II. Theories and Models of Development Classic Theories of Development
2/10, 2/17
Contemporary Models of Development and Underdevelopment III. Problems and Policies: Poverty, Inequality and Development
2/24 3/3 3/10 3/17 3/24 3/23 3/31 4/7 4/21 4/28
Todaro & Smith, chs. 4, 5
Population Growth and Economic Development Human Resources
Todaro & Smith, Ch. 6 Mier & Rauch, ch. VIII Todaro & Smith, ch. 7
Todaro & Smith, ch. 9 Mier & Rauch, ch. V Rural-urban Migration and Development Todaro & Smith, ch. 8 Semester Break (March 13 – 17, 2006) Agricultural Transformation and Rural Todaro &Smith, ch. 10 Development Mier & Rauch, ch. VII International Trade and Technology Mier & Rauch, ch. IV Transfer International Trade and Technology Todaro & Smith, ch. 12, 13 Transfer (cont.) The Environment and Development Todaro & Smith, ch. 11 The Environment and Development (Cont.) Mier & Rauch, ch. X Development Policy-making and the Roles Todaro & Smith, ch. 16 of the State Mier & Smith, ch. IX Final Exam (May 8 – 12, 2006)