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Development Economics - JEB075

Title:	Development Economics
Guaranteed by:	Institute of Economic Studies (23-IES)
Faculty:	Faculty of Social Sciences
Actual:	from 2015 to 2015
Semester:	summer
E-Credits:	6
Examination process:	summer s.:combined
Hours per week, examination:	summer s.:2/2, Ex [HT]
Capacity:	unknown / unknown (90)
Min. number of students:	unlimited
4EU+:	no
Virtual mobility / capacity:	no
State of the course:	not taught
Language:	English
Teaching methods:	full-time
Additional information:	http://ies.fsv.cuni.cz/index.php?module=sylab&action=sylab&id_sylab=149&lng=cs_CZ
Note:	course can be enrolled in outside the study plan enabled for web enrollment priority enrollment if the course is part of the study plan

Guarantor:	doc. PhDr. Julie Chytilová, Ph.D.

Examination dates Schedule Noticeboard

Annotation -

The aim of the course is to introduce the main ideas and concepts in the field of development economics with particular focus on less developed countries. The course provides basic understanding of the nature of poverty and underdevelopment, the development difficulties faced by poor countries and basic growth theories.

Last update: Chytilová Julie, doc. PhDr., Ph.D. (16.04.2009)

Aim of the course -

The aim of the course is to introduce the main ideas and concepts in the field of development economics with particular focus on less developed countries. Both basic theoretical models and empirical case studies will be analysed.

Last update: Chytilová Julie, doc. PhDr., Ph.D. (17.04.2009)

Literature -

Textbook: Thirlwall, Anthony P. (2006) Growth and Development (8th edition). Palgrave.

Further suggested readings: Todaro, Michael and Stephen C Smith (2005) Economic Development (9th edition) Addison Wesley.

Ray, Debraj (1998) Development Economics

Last update: Chytilová Julie, doc. PhDr., Ph.D. (16.04.2009)

Teaching methods -

One lecture and one seminar each week.
Students' presentations.

Last update: Chytilová Julie, doc. PhDr., Ph.D. (21.02.2012)

Requirements to the exam -

Final exam - 60%
Midterm test - 30%
Presentation - 10%

Last update: Chytilová Julie, doc. PhDr., Ph.D. (21.02.2012)

Syllabus -

Syllabus

1. Introduction (February 22, 2012)
- Characteristics of underdevelopment
- How poor people live
- Requirements of the course
- Literature: Thirlwall, pp. 65-84; Banerjee and Duflo (2006): Economic Lives of the Poor; seminar readings

February 29, 2012 - Rector's day

2. Poverty (March 7, 2012)
- Comparison of per capita income across countries
- Traditional poverty measures
- Alternative poverty measures
- Catching up
- Literature: Thirlwall, pp. 30-63, seminar readings

3. Inequality (March 14, 2012)
- Inequality in the world
- Measures of inequality
- International and global inequality, vertical and horizontal inequality
- Inequality and growth
- Literature: Thirlwall, pp. 23-30 and 84-92, seminar readings

4. Theories of economic growth (March 21, 2012)
- Production function
- Harrod-Domar growth model
- Solow growth model
- Literature: Ray, pp. 47-84, seminar readings

5. Environment (March 28, 2012)
- Renewable and non-renewable resources
- Measuring environmental values
- Economic growth and the environment
Literature: Thirlwall, pp. 338-364

6. Land (April 4, 2012)
- The role of agriculture in development
- Lewis model
- Disguised unemployment
- Literature: Thirlwall, pp. 167-178, 188-209; seminar readings

7. Capital (April 11, 2012)
- The role of capital in development
- Human capital
- Education and growth
- Rates of return to investment in education
- Literature: Thirlwall, pp. 210-212, 222-226; seminar readings

8. Population (April 18, 2012)
- Facts about world population
- Demographic transition and population momentum
- Costs and benefits of population growth
- Desired fertility - evidence from Uganda
Literature: Thirlwall, pp. 257-272; seminar readings

9. Geography (April 25, 2012)
- Geographical barriers
- Poverty trap in Sub-Saharan Africa
- Millennium Development Goals
Literature: Sachs et al. 2004. "Ending the African poverty trap." Brooking papers on economic activity 1, pp. 117-240; Bloom, J. and Sachs, J. 1998. "Geography, demography and economic growth in Africa." Brooking papers on economic activity 2, pp. 207-295; seminar readings

10. Financing economic development (May 2, 2012)
- Domestic resources: saving and borrowing
- Foreign assistance (types of capital flows, ODA, aid conditionality, international debt)
Literature: Thirlwall, pp. 403-423 and 455-509; Burnside, Craig and David Dollar. 2000. "Aid, Policies, and Growth." American Economic Review 90(4), 847-868; Easterly, William, Ross Levine and David Roodman. 2004. "Aid, Policies, and Growth: Comment." American Economic Review 94(3), 774-780; seminar readings

11. Financing economic development: A practitioner's view (May 9, 2012, Guest speaker - Petra Matulova, Charitas Prague)

May 16, 2012 - Rector's day

Last update: Chytilová Julie, doc. PhDr., Ph.D. (24.02.2012)

Entry requirements -

JEB003 Ekonomie I

JEB004 Ekonomie II

Last update: Chytilová Julie, doc. PhDr., Ph.D. (17.04.2009)