Courses Catalogue

Industrial Economics

COURSE CODE: ECO 7303
COURSE CREDIT UNIT: 3
ACADEMIC PROGRAMME: Economics, Masters
COLLEGE/SCHOOL/FACULTY: College of Economics and Management
STATUS: Core
PROGRAMME TYPE: Postgraduate

Course Content and Outline

Introduction

·         Meaning

·         Types of industries

Stages of industrialization

·         Traditional crafts industries

·         Processing industries

·         Import substituting and export processing industries

·         Assembly and heavy manufacture industries

Role of industrialization toward economic development

·         Employment opportunities

·         Diversification of resources

·         Foreign exchange,

·         Balance of payment

·         Technological development

 ·         Forward

·         Backward linkages

Strategies of industrialization

·         Export promotion strategy

·         Import substitution strategy

·         Agriculture led industrialization

·         Small scale vs. large scale industrial development

Problems of industrialization

·         Capital

·         Market

·         Infrastructures

·         Entrepreneurial ability

·         Technological know how

·         Raw materials

·         Political instability and nationalization policy

Privatization and commercialization

·         Its objectives

·         Problems

MODE OF DELIVERY

Lectures

Reading assignments

Practical assignments

Field trips

Documentaries

 INSTRUCTIONAL MATERIALS AND / OR EQUIPMENT

Whiteboard and Markers

Flip Charts

LCD Projectors

CDs, DVDs and Tapes