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Economic Development PDF
Economic Development PDF
Course Description:
This course intends to understand the interdependent nature of development and economics—how
economic concepts and theories may be used to help improve the quality of human lives and their
capabilities through increased levels of living, self-esteem, and freedom. This covers discussions of
concepts and theories of economic growth and development, comparative approaches to understanding
issues that affect both developed and emerging economies today, and the role of institutions in shaping
development agenda. Towards this end, the students are exposed to several case studies particularly in
Asia to anchor theories, analyze developmental issues common in the region, policy implications, and
prospects to address the same.
Learning Outcomes:
At the end of the course, the students should be able to gain the following competencies:
1. Use important economic concepts especially when explicated in the context of a development
problem;
2. Identify contemporary development issues and problems in emerging economies and the global
economy as well;
3. Analyze aforementioned issues and problems from a combined empirical, theoretical and policy-
oriented perspective; and,
4. Formulate independent judgment and policy conclusions about possible solutions and prospects
to address the same.
Grading System:
COMPONENT PERCENT SCORE GRADE
Attendance 5% 100-96 1.00
Class Participation
35% 95-91 1.25
(quizzes, recitation, class activities)
Midterm Exam (exams and midterm
30% 90-86 1.50
requirement)
Final Exam (exams and final requirement) 30% 85-81 1.75
Total 100% 80-76 2.00
75-71 2.25
70-66 2.50
65-61 2.75
60-56 3.00
55 - below 5.00
General Reading Material/s:
Todaro, Michael P. and Stephen C. Smith. Economic Development (12th ed). Boston: Pearson, 2015.
That should be all for now. Should you have clarifications or suggestions to improve the syllabus, that is
most welcome. Thank you and enjoy learning!