Module title: Development Economics

SCQF level: 10:
SCQF credit value: 20.00
ECTS credit value: 10

Module code: SOE10108
Module leader: Piotr Jaworski
School The Business School
Subject area group: Management
Prerequisites

SOE08104
Intermediate Economics
SCQF Level 8 Economics

2019/0, Trimester 1, Face-to-Face, Edinburgh Napier University
Occurrence: 001
Primary mode of delivery: Face-to-Face
Location of delivery: CRAIGLOCKHAR
Partner: Edinburgh Napier University
Member of staff responsible for delivering module: Piotr Jaworski
Module Organiser:


Learning, Teaching and Assessment (LTA) Approach:
Learning & teaching methods including their alignment to Los
Material included on the VLE illustrates the theory with real examples and enables a student to tailor their individual path of learning. Also online discussions are a tool of individualisation of the learning process which is possible due to the technology.

Embedding of employability/ PDP/ scholarship skills
LO4 Requires student to search out information and planning the approach and compiling an essay plan with timeline.
Assessment (formative and summative)
The presentations cover LO 1-4 in total although individual groups of students will not necessarily cover all outcomes in their presentations and these are formative with feedback provided which will assist students in their preparation for the examination which is summative in nature and covers LO 1-4. The essay (LO 1-4) is of mixed summative and formative character in that feedback will be provided.
Research/ teaching linkages
LO 4 is intended to serve as an introduction to research, linking the economic reality with the theory taught in the course. It would involve finding the real cases which illustrates the theory.
Supporting equality and diversity
Large part related to VLE allows students to learn from any place, which the web access is enabled. This also eases situation of students with disabilities.
Internationalisation
International context is a base for the whole course. The development area is about comparing different economic systems and justifying their achievements. These issues are present in the course.


Formative Assessment:
The University is currently undertaking work to improve the quality of information provided on methods of assessment and feedback. Please refer to the section on Learning and Teaching Approaches above for further information about this module’s learning, teaching and assessment practices, including formative and summative approaches.

Summative Assessment:
The University is currently undertaking work to improve the quality of information provided on methods of assessment and feedback. Please refer to the section on Learning and Teaching Approaches above for further information about this module’s learning, teaching and assessment practices, including formative and summative approaches.

Student Activity (Notional Equivalent Study Hours (NESH))
Mode of activityLearning & Teaching ActivityNESH (Study Hours)
Face To Face Lecture 24
Face To Face Tutorial 12
Online Guided independent study 72
Independent Learning Guided independent study 30
Independent Learning Guided independent study 60
Face To Face Centrally Time Tabled Examination 2
Total Study Hours200
Expected Total Study Hours for Module200


Assessment
Type of Assessment Weighting % LOs covered Week due Length in Hours/Words
Essay 5 1-4 1 HOURS= 0, WORDS= 0
Oral Presentation 15 1-4 1 HOURS= 0.3, WORDS= 0
Essay 30 1-4 1 HOURS= 0, WORDS= 2000
Centrally Time Tabled Examination 50 1-4 1 HOURS= 2, WORDS= 0
Component 1 subtotal: 50
Component 2 subtotal: 50
Module subtotal: 100

Description of module content:

The Harrod-Domar model of growth and the Solow growth model are presented. The Endogenous growth model is developed. A discussion of the nature of growth in overregulated economies shows imbalanced growth and its contrast to the steady state growth outlined in the neo-classical models. The question of savings rate compatible with steady state growth is addressed and how economic policy can influence growth rates. Technological progress as a determinant of growth is analysed. The question of the convergence of underdeveloped economies to developed markets is discussed both as issues of growth rates in ‘catch up’ and as changing economic structures and closure of the technology gaps. The role of FDI in financing development and convergence is discussed. Lastly, the issue of why some economies are failing to catch-up and converge is discussed, in the context of theories of dualism and obstacles to development.

Learning Outcomes for module:

LO1: Present key economic models of growth.
LO2: Critically analyse the issues of development and underdevelopment in general
LO3: Critically assess the nature of convergence of the underdeveloped economies
with highly developed structures and rates of growth
LO4: Critically examine the obstacles to convergence.

Indicative References and Reading List - URL:

Core - A.P. THIRLWALL (2011) ECONOMICS OF DEVELOPMENT: THEORY AND EVIDENCE: PALGRAVE MACMILLAN, 9th ed. - ISBN: 978023022229
Core - RODRIK, D (2007) ONE ECONOMICS, MANY RECIPES: GLOBALIZATION, INSTITUTIONS, AND ECONOMIC GROWTH: PRINCETON UNIVERSITY PRESS, 1st ed.
Core - YEAGER, T. (1999) INSTITUTIONS, TRANSITION ECONOMIES AND ECONOMIC DEVELOPMENT: WESTVIEW PRESS INC, 1st ed.
Core - WYDICK, B. (2008) GAMES IN ECONOMIC DEVELOPMENT: CAMBRIDGE UNIVERSITY PRESS, 1st ed.
Recommended - ROBERT J BARRO ( (2003) ECONOMIC GROWTH: MIT PRESS, 2nd ed. - ISBN: 978026202553
Recommended - KULA W (1986) MEASURES AND MEN: PRINCETON UNIVERSITY PRESS, 1st ed.
Recommended - SACH, J (2005) THE END OF POVERTY; ECONOMIC POSSIBILITIES FOR OUR TIME: PENGUIN, 1st ed.
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