Intoduction to Course:
This course provides an understanding the evolution and relevance of Development Economics concepts and its policy suggestions in addressing the widespread issues like inequality, unemployment, poverty, gender disparities, labor productivity etc. The course would explain the humanistic perspective of economics and explicitly involves the explanation of multi-dimensional nature of Development Economics.
Course pre requisites (if any):
On the successful completion of the course students will be able to:
- Explain inequalities between rich and poor countries, how the differences have evolved over time and how other measurements of quality of life correlates with per capita income.
- Can explain the concept of economic growth.
- Has knowledge of different measurements of poverty and inequality, and pros and cons of the different measurements. The student shall understand different characteristics of world demographics and explain how population growth affects other economic circumstances.
- Explain the development of international trade patterns and central theories of international trade.
1. Todaro, M. and Smith, S., Economic Development (Pearsons New York, 2015).
2. Meier G. M. and Rauch J. E., The globalization of World Politics: An Introduction to International Relations. (Oxford University Press, 2000).
Description of system of Evaluation (Exam, assignments etc.):
Mid Term: 30 marks
Sessional: 20 marks
- Project: 40%
- Presentation: 30%
- Participation: 30%
Final Exam: 50 marks