Courses Catalogue

Development Economics

COURSE CODE: ECO 3205
COURSE CREDIT UNIT: 3
ACADEMIC PROGRAMME: Economics
COLLEGE/SCHOOL/FACULTY: College of Economics and Management
STATUS: Core
PROGRAMME TYPE: Undergraduate

Course Description

PURPOSE OF COURSE

The course is analyses the theories and models of economic development in order to allow the analysis of factors that underlie backwardness and industrialization in the developing and developed countries. It addresses the issue of the widening income gap between the developed and developing nations as well as the root for impoverishment in the developing world.

 

EXPECTED LEARNING OUTCOMES

By the end of the course unit, students should be able to:

  • Explain the fundamentals of development theory and expose them to sections of empirical studies in the area of development
  • Appreciate the scare and diversity of issues and problems in development
  • Examine  economic rationale underlying policy choices
  • Analyze the economic problems of developing countries related to slow growth, stagnation, high poverty rate and high income inequality