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EC205: Development Economics (Macroeconomics)

  • Marta Santamaria

    Module Leader
  • Omer Moav

    Module Lecturer
15 CATS - Department of Economics
Autumn Module

Principal Aims

The module aims to introduce students to the problems and features of developing economies, and it is based on the modern analytical quantitative approach adopted by the main international development institutions, with an emphasis on the most recent advances in the field.

Principal Learning Outcomes

By the end of the module students will be able to demonstrate their understanding of the macroeconomic aspect of developing countries like growth, inequalities, poverty, International trade. The lectures are mostly theoretical aiming to build economic and econometric skills; communicate their knowledge and understanding to others using seminar presentations and an essay; demonstrate they have extended their core skills in economic analysis and quantitative methods and able to apply this skill in the analysis of problems typical of a developing and less developed economy; 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.


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


Core Module
L1L8 - Year 3
Optional Module
LM1D (LLD2) - Year 2, V7ML - Year 2, V7ML - Year 3, LA99 - Year 2, LA99 - Year 3, L100 - Year 2, R9L1 - Year 4, R3L4 - Year 4, R4L1 - Year 4, R2L4 - Year 4, R1L4 - Year 4, V7MM - Year 4, V7MP - Year 2, V7MP - Year 3, L1P5 - Year 1, L1PA - Year 1, V7MR - Year 2, V7MR - Year 3
Pre or Co-requisites
EC106 or EC107 or EC108 + EC109 or EC131 + EC229 + IB121 + IB122
Part-year Availability for Visiting Students
Available in the Autumn term only (1 x 2000 word essay – 12 CATS)


Assessment Method
Coursework (20%) + 2 hour exam (80%)
Coursework Details
One assignment ( 2000-word essay) (20%)
Exam Timing

Exam Rubric

Time Allowed: 2 Hours

Answer ALL FOUR questions in Section A (10 marks each) and TWO questions from Section B (30 marks each). Answer Section A questions in one booklet and Section B questions in a separate booklet.

Approved pocket calculators are allowed.

Read carefully the instructions on the answer book provided and make sure that the particulars required are entered on each answer book. If you answer more questions than are required and do not indicate which answers should be ignored, we will mark the requisite number of answers in the order in which they appear in the answer book(s): answers beyond that number will not be considered.

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