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EC354: Development Economics (Macroeconomics) - For Finalists

  • Marta Santamaria

    Module Leader
  • Devesh Rustagi

    Module Lecturer
15 CATS - Department of Economics
Summer Module
Autumn Module

Principal Aims

EC205-15 Development Economics (Macroeconomics) - for Finalists

Principal Learning Outcomes

Subject knowledge and understanding:...demonstrate an in depth 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 advanced econometric skills. The teaching and learning methods that enable students to achieve this learning outcome are: Examples and advanced empirical evidence are provided in seminars in order to illustrate the possible application of these skills, including research papers published in top academic papers. The seminars are based on empirical analysis and concern modern macrodevelopment problems. The summative assessment methods that measure the achievement of this learning outcome are: Assessed essay and examination.

Key skills: …communicate their knowledge and a deeper understanding to others using theoretical frameworks, empirical evidence and the current academic literature. The students will write an essay based on short questions in which they will demonstrate critical thinking. The teaching and learning methods that enable students to achieve this learning outcome are: Lectures, seminars and private study. The summative

Cognitive skills:...demonstrate they have extended their core skills in complex economic analysis and quantitative methods and will be able to apply these skills in the analysis of more advanced problems typical of a developing and less developed economy. The teaching and learning methods that enable students to achieve this learning outcome are: Lectures, in-class debates and discussions, 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 form independent opinions and evaluate public policies 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

Optional Module
L1L8 - Year 3, V7ML - Year 3, V7MM - Year 4, R9L1 - Year 4, R3L4 - Year 4, R4L1 - Year 4, R2L4 - Year 4, LA99 - Year 3, L1CA - Year 3, 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)

Restrictions
May not be combined with modules EC205-15

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.