The aim of this course is to introduce students to the subject of poverty, inequality and growth. The emphasis will be on problems in the modern contemporary economy, but the topic will also be approached from an historical perspective, taking a longer term view of the distribution of income in human societies. In particular, we will examine why some individuals and groups have less access to resources and income than others. Students will learn the fundamental concepts, theories and methodologies that are used by economists to measure and understand questions related to the distribution of income distribution, economic growth and poverty.

Course Pre requisites ( if any)

To have knowledge of mathematics and Econometrics and different soft wares including EXCEL, SPSS, EVIEWS, STATA, etc.

Learning outcomes

By the end of the course, students should expect to not only have a greater knowledge of the forces determining the extent of poverty and the distribution of income, but to have also gained some understanding of the methods used by economists and policy-makers to deal with them. Further, the student will be able to understand and estimate the role of economic growth towards poverty alleviation, different types of growth strategies and apply them with respect to Pakistan.

Books:

1. Jonathan Haughton and Shahidur Khandker (2009) Handbook on

Poverty and Inequality. (World Bank Training Series) ISBN-10:0821376136

1. Hayami, Yujiro and V.W. Ruttan 1985. Agricultural Development; An International Perspective. Johns Hopkins University Press, 
2.  
3. Meier, G.M. 1997. Leading issues in Economic Development, Oxford University Press New York,

Description of the System of Evaluation (Exam, assignments etc.):

Mid Term: 30 marks

Sessional: 20 marks

• Project: 25%
• Presentation: 25%
• Participation: 25%
• Attendance 25 %

Final Exam: 50 marks          

Class Timings:    

• MPhil. Class:      Thursday (10.00 AM to 01.00 PM )