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DESCRIPTION AND OBJECTIVES |
This course provides an in-depth discussion of different economic explanations of underdevelopment, and modern strategies for fostering development. It will investigate the role of institutions, institutional change, and markets as they relate to economic development, and discuss related domestic and international economic policy questions. Special emphasis is put on the interplay and synergy between economic theory (attempting to explain underdevelopment) and empirical data (providing both motivating facts and specific test grounds for theory).
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INTENDED LEARNING OUTCOMES |
After completing the course, students will have the knowledge about the development issues in general and developing countries in particular.
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COURSE CONTENTS |
The concepts of economic development and Economic growth; characteristics of developing economies; importance and challenges of the development process. Theories of economic growth and development. Education, technological change and Economic development; Growth, Poverty and Income distribution. Economics of population and development; Importance of trade for development; Theories of trade and development. Globalization and its implications for development, Debt burden of developing countries. Fundamental issues and development experiences in Pakistan; NGOs and Development.
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READINGS |
TEXT BOOKS:
- Todaro, M. P., & Smith, S. C. (2014). Economic Development. 12th Edition. Pearson Education Publisher
SUGGESTED READINGS:
- Jhingan, M.C. (2005). Economics of Development and Planning. New Delhi: Konark Publishers Pvt. Ltd.
- Meier, G.M. (2005). Leading Issues in Economic Development. New York: Oxford University Press.
- Zaidi, A.S. (2008). Issues in Pakistan’s Economy. Karachi: Oxford University Press.
- Dil, A. (2000). Hunger, Poverty and development (Life and work of Sartaj Aziz). A Ferozsons-Intercultural Forum Publication.
- www.finance.gov.pk, & www.worldbank.org
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COURSE SCHEDULE |
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Week |
Topics and Readings |
Books with Page No. |
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1 |
The concepts of economic development and Economic growth; characteristics of developing economies; importance and challenges of the development process. |
Todaro, M. P., & Smith, S. C. “Economic Development” Page no: 4-24 |
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2 |
The concepts of economic development and Economic growth; characteristics of developing economies; importance and challenges of the development process. |
Todaro, M. P., & Smith, S. C. “Economic Development” Page no: 45-70 |
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3 |
Theories of economic growth and development |
Todaro, M. P., & Smith, S. C. “Economic Development” Page no: 120-139 |
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4 |
Theories of economic growth and development |
Todaro, M. P., & Smith, S. C. “Economic Development” Page no: 176-182, 187-190 |
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5 |
Growth, Poverty and Income distribution |
Todaro, M. P., & Smith, S. C. “Economic Development” Page no: 218-255 |
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6 |
Growth, Poverty and Income distribution |
Todaro, M. P., & Smith, S. C. “Economic Development” Page no: 218-255 |
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7 |
Economics of population and development |
Todaro, M. P., & Smith, S. C. “Economic Development” Page no: 285-319 |
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8 |
Economics of population and development |
Todaro, M. P., & Smith, S. C. “Economic Development” Page no: 285-319 |
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9 |
Education, technological change and Economic development |
Todaro, M. P., & Smith, S. C. “Economic Development” Page no: 382-404 |
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10 |
Education, technological change and Economic development |
Todaro, M. P., & Smith, S. C. “Economic Development” Page no: 382-404 |
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11 |
Agricultural Transformation and Rural Development |
Todaro, M. P., & Smith, S. C. “Economic Development” Page no: 440-474 |
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12 |
Agricultural Transformation and Rural Development |
Todaro, M. P., & Smith, S. C. “Economic Development” Page no: 440-474 |
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13 |
Importance of trade for development; Theories of trade and development. Globalization and its implications for development. |
Todaro, M. P., & Smith, S. C. “Economic Development” Page no: 603-648 |
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14 |
Importance of trade for development; Theories of trade and development. Globalization and its implications for development. |
Todaro, M. P., & Smith, S. C. “Economic Development” Page no: 603-648 |
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15 |
Debt burden of developing countries. |
Todaro, M. P., & Smith, S. C. “Economic Development” Page no: 678-695 |
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16 |
Debt burden of developing countries. |
Todaro, M. P., & Smith, S. C. “Economic Development” Page no: 678-695 |
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RESEARCH PROJECT/PRACTICAL/LABS/ASSIGNMENTS |
1: Presentations on different assigned topics to each student
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ASSESSMENT CRITERIA |
Sessional: 12 (Presentation: 6, Quiz: 6)
Mid Term Test: 18
Final Term Test: 30
Course Material
- Total Lessons 16
- Department Agricultural Economics
- About Visit Profile
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Teacher
Muazzam Sabir
