Development Microeconomics (U01146)

? Credit Points : 20 ? SCQF Level : 10 ? Acronym : MSE-4-DevMicro

The course applies the tools of modern microeconomics to analyse major issues in the economic development of poor countries and the poorest sections of the population in middle-income countries. Key theoretical issues, which are applied, include the economics of property rights, information, and contracts. Empirical work and policy prescriptions relating to the issues and applications studied will also be reviewed. Topics covered are likely to include: credit markets; labour markets; land markets; risk and insurance in agricultural economies; household economics; the informal sector; infrastructure and regulation; institutions and the state; institutional quality corruption. Classes will be primarily lecture-based, with opportunities for interactive discussion.

Entry Requirements

? This course is not available to visting students.

? Pre-requisites : Topics in Economic Analysis 1 Essentials of Econometrics

Variants

? This course has variants for part year visiting students, as follows

Development Microeconomics (VS1) (Not being delivered)

Subject Areas

Home subject area

Economics, (Management School and Economics, Schedule H)

Delivery Information

? Normal year taken : 4th year

? Delivery Period : Semester 2 (Blocks 3-4)

? Contact Teaching Time : 2 hour(s) per week for 10 weeks

First Class Information

Date	Start	End	Room	Area	Additional Information
09/01/2008	09:00	10:50	Room G.11, William Robertson Building	Central

All of the following classes

Type	Day	Start	End	Area
Lecture	Wednesday	09:00	10:50	Central

Summary of Intended Learning Outcomes

After successful completion of this course the student will have an:
insight into and understanding of key microeconomic issues and related econometric analysis in the context of less developed countries (LDCs); and have developed the ability to apply core microeconomic theories relating to property rights, information and contracts in the context of LDCs. By building on and applying the core microeconomics and econometrics covered in required courses in years 1 through 3 of the programme, the course enhances understanding of these core areas of economic analysis.
General skills developed include: critical analysis and assessment; reasoning adaptably and systematically; problem-framing and problem-solving skills; obtaining and processing information from a variety sources; quantitative and numerical skills; written presentation skills; independent action and initiative; managing tasks and time.