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EC205: Development Economics (Macroeconomics)

  • Marta Santamaria

    Module Leader
  • Omer Moav

    Module Lecturer
15 CATS - Department of Economics
Autumn Module

Principal Aims

EC205-15 Development Economics (Macroeconomics)

Principal Learning Outcomes

Subject knowledge and understanding:...demonstrate their understanding of the macroeconomic aspect of development countries like growth, inequalities, poverty, International trade, etc.. The lectures are mostly theoretical aiming to build economic and econometric skills. The teaching and learning methods that enable students to achieve this learning outcome are: Examples and empirical evidences are provided in seminars in order to illustrate the possible application of these skills. The seminars are based on empirical analysis and concern modern macro-development problems. The summative assessment methods that measure the achievement of this learning outcome are: Assessed essay and examination.

Key skills: …communicate their knowledge and understanding to others using seminar presentations and an essay. The teaching and learning methods that enable students to achieve this learning outcome are: Lectures, seminars and private study. The summative assessment methods that measure the achievement of this learning outcome are: Assessed essay.

Cognitive skills:...demonstrate they have extended their core skills in economic analysis and quantitative methods and will be able to apply this skill in the analysis of problems typical of a developing and less developed economy. The teaching and learning methods that enable students to achieve this learning outcome are: Lectures, seminars and private study. The summative assessment methods that measure the achievement of this learning outcome are: Examination and assessed essay.

Professional skills:...demonstrate they have learned to search for relevant literature to approach this information critically and to address key questions on development from a Macroeconomic perspective by writing essays. The teaching and learning methods that enable students to achieve this learning outcome are: Lectures, seminars and private study. The summative assessment methods that measure the achievement of this learning outcome are: Assessed essay.

Syllabus

The module will typically cover the following topics:

1. Development Accounting

2. Geography, Culture and Institutions

3. Globalization and Development

4. Stages of Growth

5. Inequality and Growth

Context

Core Module
L1L8 - Year 3
Optional Module
L100 - Year 2, L1P5 - Year 1, L1PA - Year 1, LM1D (LLD2) - Year 2, V7ML - Year 2, V7ML - Year 3, V7MP - Year 2, V7MP - Year 3, V7MR - Year 2, V7MR - Year 3, V7MM - Year 4, R9L1 - Year 4, R3L4 - Year 4, R4L1 - Year 4, R2L4 - Year 4, R1L4 - Year 4, LA99 - Year 2, LA99 - Year 3
Pre or Co-requisites

Any of:

EC106-24 Introduction to Economics OR

EC107-30 Economics 1

OR

EC108-30 Macroeconomics 1 AND

EC109-30 Microeconomics 1

OR

EC131-15 Economics for Business AND

EC229-15 Economics of Strategy AND

EC229-12 Economics of Strategy

IB121-15 Business Statistics AND

IB122-15 Business Analytics

Summary:

Modules: EC106-24 or EC107-30 or (EC108-30 and EC109-30) or (EC131-15 and EC229-15 and EC229-12 and IB121-15 and IB122-15)

Assessment

Assessment Method
Coursework (60%) + 3x Online Examination (80%)
Coursework Details
Assignment (20%) , Assignment (20%) , Assignment (20%) , Online Examination (80%) , Online Examination (80%) , Online Examination (80%)
Exam Timing
Summer

Exam Rubric

Time Allowed: 2 Hours

Read all instructions carefully - and read through the entire paper at least once before you start entering your answers.

There are TWO sections in this paper. Answer ALL FOUR questions in Section A (10 marks each) and TWO questions in Section B (30 marks each).

Approved pocket calculators are allowed.

You should not submit answers to more than the required number of questions. If you do, we will mark the questions in the order that they appear, up to the required number of questions in each section.

Previous exam papers can be found in the University’s past papers archive. Please note that previous exam papers may not have operated under the same exam rubric or assessment weightings as those for the current academic year. The content of past papers may also be different.