COURSE NUMBER: | ECON 325 | |||||||||||||||||||
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COURSE TITLE: | The Economics of Development | |||||||||||||||||||
NAME OF INSTRUCTOR: | Dr. Gerda Kits | |||||||||||||||||||
CREDIT WEIGHT AND WEEKLY TIME DISTRIBUTION: | credits 3 (hrs lect 3 - hrs sem 0 - hrs lab 0) | |||||||||||||||||||
COURSE DESCRIPTION: | This course identifies the nature and causes of the development and underdevelopment of countries and regions,
emphasizing the poor. It explores development as a multi-dimensional process of change that happens in the context of
social, political, technical and cultural conditions. The focus here is how economics relates to most of these.
An overview of main theories (including how they arose historically) will be given and the main current issues in
development will be reviewed. Development policies in poor countries and regions as well as international efforts
to assist in their development, will round off the course.
Prerequisites: ECON 203, GEOG 210, or SSCI 210 | |||||||||||||||||||
REQUIRED TEXTS: | Michael P. todaro and Stephen C. Smith. Economic Development (11th edition). Addison-Wesley, 2012. | |||||||||||||||||||
MARK DISTRIBUTION IN PERCENT: |
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COURSE OBJECTIVES: | News stories about starving families, refugees, and children
working in sweatshops naturally elicit our compassion. We do not want
people to suffer, and our impulse – and Christian calling – is to help
them. However, our immediate responses, such as giving money, sending
goods, or volunteering, are often ineffective in the long run, and can
even be harmful. Effective and long-lasting solutions to poverty
must address the reasons why people are poor in the first place, rather
than simply offering band-aid solutions to current problems. Doing this
requires that we understand the complex economic, political, social,
environmental, and spiritual conditions that together form the root
causes of poverty. A complete understanding of poverty and development is far too large a goal for a single course. This course focuses on how the economic sphere can contribute to improving people’s lives, particularly in the Global South, in a way that also supports other facets of development. By the end of this course, you should be able to:
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