EC205: Development Economics (Macroeconomics)
Principal Aims
EC205-15 Development Economics (Macroeconomics)Principal Learning Outcomes
Subject knowledge and understanding:...demonstrate their understanding of the macroeconomic aspect of development countries like growth, inequalities, poverty, International trade, etc.. The lectures are mostly theoretical aiming to build economic and econometric skills. The teaching and learning methods that enable students to achieve this learning outcome are: Examples and empirical evidences are provided in seminars in order to illustrate the possible application of these skills. The seminars are based on empirical analysis and concern modern macro-development problems. The summative assessment methods that measure the achievement of this learning outcome are: Assessed essay and examination.
Key skills: …communicate their knowledge and understanding to others using seminar presentations and an essay. The teaching and learning methods that enable students to achieve this learning outcome are: Lectures, seminars and private study. The summative assessment methods that measure the achievement of this learning outcome are: Assessed essay.
Cognitive skills:...demonstrate they have extended their core skills in economic analysis and quantitative methods and will be able to apply this skill in the analysis of problems typical of a developing and less developed economy. The teaching and learning methods that enable students to achieve this learning outcome are: Lectures, seminars and private study. The summative assessment methods that measure the achievement of this learning outcome are: Examination and assessed essay.
Professional skills:...demonstrate they have learned to search for relevant literature to approach this information critically and to address key questions on development from a Macroeconomic perspective by writing essays. The teaching and learning methods that enable students to achieve this learning outcome are: Lectures, seminars and private study. The summative assessment methods that measure the achievement of this learning outcome are: Assessed essay.
Syllabus
The module will typically cover the following topics:
1. Development Accounting
2. Geography, Culture and Institutions
3. Globalization and Development
4. Stages of Growth
5. Inequality and Growth
Context
- Core Module
- L1L8 - Year 3
- Optional Module
- L1P5 - Year 1, L1PA - Year 1, LM1D (LLD2) - Year 2, V7ML - Year 2, V7ML - Year 3, V7MM - Year 4, R9L1 - Year 4, R3L4 - Year 4, R4L1 - Year 4, R2L4 - Year 4, R1L4 - Year 4, LA99 - Year 2, LA99 - Year 3, L1CA - Year 2, L1CA - Year 3, V7ML - Year 4, L1CB - Year 4
- Pre or Co-requisites
Any of:
EC106-30 Introduction to Economics OR
EC107-30 Economics 1
OR
EC108-30 Macroeconomics 1 AND
EC109-30 Microeconomics 1
OR
EC131-15 Economics for Business AND
EC229-15 Economics of Strategy
IB121-15 Business Statistics AND
IB122-15 Business Analytics
Summary:Modules: EC106-30 or EC107-30 or (EC108-30 and EC109-30) or (EC131-15 and EC229-15 and IB121-15 and IB122-15)
Assessment
- Assessment Method
- Coursework (20%) + In-person Examination (80%)
- Coursework Details
- Assignment (20%) , In-person Examination (80%)
- Exam Timing
- Summer
Exam Rubric
Time Allowed: 2 Hours
Read all instructions carefully - and read through the entire paper at least once before you start entering your answers.
There are TWO sections in this paper. Answer ALL FOUR questions in Section A (10 marks each) and TWO questions in Section B (30 marks each).
Answer each whole question in a separate booklet.
Approved scientific (non-graphical) pocket calculators are allowed.
You should not submit answers to more than the required number of questions. If you do, we will mark the questions in the order that they appear, up to the required number of questions in each section.
Previous exam papers can be found in the University’s past papers archive. Please note that previous exam papers may not have operated under the same exam rubric or assessment weightings as those for the current academic year. The content of past papers may also be different.
Reading Lists
2024 EC205: Development Economics (Terms 1 & 3)
Module Outline and Reading List (Weeks 6-10)
2. Growth accounting and determinants of growth (I)
Why Do Some Countries Produce So Much More Output Per Worker Than Others?
- Type
- Article
- Authors
- Date
- Feb. 1999
- Volume
- 114
- Volume
- 1
- Page end
- 116
- Web address
- https://www.jstor.org/stable/2586948
Economic growth
- Type
- Book
- Authors
- Date
- 2003, c2004
- Publisher
- MIT Press
- Pub Place
- Cambridge, Mass
- Edition
- 2nd ed
- ISBN-10
- 0262025531
- ISBN-13
- 9780262025539
- Web address
- https://go.exlibris.link/9nKCxwQm
Note:
Chaper 10, section 1.
Economic growth
- Type
- Book
- Authors
- Date
- 2003, c2004
- Publisher
- MIT Press
- Pub Place
- Cambridge, Mass
- Edition
- 2nd ed
- ISBN-10
- 0262025531
- ISBN-13
- 9780262025539
- Web address
- https://go.exlibris.link/2NSCQSZm
Note:
Chapter 6, section 6.3
Violence and economic activity: evidence from African American patents, 1870–1940
- Type
- Article
- Authors
- Date
- 2014-6
- Volume
- 19
- Volume
- 2
- Page end
- 257
3. Determinants of Growth (II): Openness
The Wind of Change: Maritime Technology, Trade, and Economic Development
- Type
- Article
- Authors
- Date
- 2017
- Web address
- https://go.exlibris.link/0h9N9HsC
Does trade cause growth?
- Type
- Article
- Authors
- Volume
- 89
- Volume
- 3
- Web address
- https://www.proquest.com/docview/233031320/99AFB3D924F24FAFPQ/4?accountid=14888
Exporting and Firm Performance: Evidence from a Randomized Experiment
- Type
- Article
- Authors
Exporting and Firm Performance: Evidence from a Randomized Experiment
- Type
- Article
- Authors
5. Determinants of Growth (IV): The Geography of Growth
Cities in Bad Shape: Urban Geometry in India
- Type
- Article
- Authors
- Date
- 2020-08-01
- Volume
- 110
- Volume
- 8
- Page end
- 2421
1. Overview and State of the World
Economic growth
- Type
- Book
- Authors
- Date
- 2003, c2004
- Publisher
- MIT Press
- Pub Place
- Cambridge, Mass
- Edition
- 2nd ed
- ISBN-10
- 0262025531
- ISBN-13
- 9780262025539
- Web address
- https://go.exlibris.link/9nKCxwQm
Note:
Introduction
Why nations fail: the origins of power, prosperity and poverty
- Type
- Book
- Authors
- Date
- c2012
- Publisher
- Crown Business
- Pub Place
- New York
- ISBN-10
- 0307719219
- ISBN-13
- 9780307719218
- Web address
- https://go.exlibris.link/hXPn1Qvk
Note:
Chapter 1: So Close and Yet so Different
4. Determinants of growth (III): Firms and Growth
The Persistent Effects of Peru's Mining
- Type
- Article
- Authors
- Date
- 2010
- Volume
- 78
- Volume
- 6
- Page end
- 1903
Note:
Read introduction and result sections
Misallocation in the Market for Inputs: Enforcement and the Organization of Production
- Type
- Article
- Authors
- Date
- 2020-11-01
- Volume
- 135
- Volume
- 4
- Page end
- 2058
- Web address
- https://go.exlibris.link/bFzTPr9Y
Note:
Read introduction, description of IV strategy, results
The Effects of Joining Multinational Supply Chains: New Evidence from Firm-to-Firm Linkages
- Type
- Article
- Authors
- Date
- August 2022
- Volume
- 137
- Volume
- 3
- Page end
- 1552
- Web address
- https://0-web-p-ebscohost-com.pugwash.lib.warwick.ac.uk/bsi/pdfviewer/pdfviewer?vid=0&sid=36ebdb81-39c0-4dd3-8681-5cebd8a015a1%40redis