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DEGREE REGULATIONS & PROGRAMMES OF STUDY 2016/2017

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DRPS : Course Catalogue : School of Economics : Economics

Undergraduate Course: Policy for Economic Development (ECNM10065)

Course Outline
SchoolSchool of Economics CollegeCollege of Humanities and Social Science
Credit level (Normal year taken)SCQF Level 10 (Year 3 Undergraduate) AvailabilityAvailable to all students
SCQF Credits20 ECTS Credits10
SummaryThe emphasis in this course is on making and implementing policies for economic development in developing countries. The course recognises that there is often a divergence between the crisp conclusions of economic theory and economic models and the 'fuzzier' formulation and implementation of policy in seeking to ask, in a particular area: What should be done? The course will also provide an opportunity to examine both the applicability and some of the limitations of conventional economic reasoning with the context of developing countries.
Course description The meaning of 'development'; theories of development; rural-urban migration and industrial clusters; trade theory and policy; industrial policy; science and technology policy with reference to China; and making poverty history.

The course will be supported by a programme of lectures and tutorials. Classes will comprise an introductory lecture, followed by interactive class discussion based on pre-assigned readings.
Entry Requirements (not applicable to Visiting Students)
Pre-requisites Students MUST have passed: Economics 2 (ECNM08006)
Co-requisites
Prohibited Combinations Other requirements None
Information for Visiting Students
Pre-requisitesVisiting students should usually have at least 3 Economics courses at grade B or above (or be predicted to obtain this) for entry to this course. This MUST INCLUDE courses in both Macroeconomics and Microeconomics. We will only consider University/College level courses.
High Demand Course? Yes
Course Delivery Information
Not being delivered
Learning Outcomes
On completion of this course, the student will be able to:
  1. A knowledge and understanding of key issues in formulating and implementing policies for economic development in developing countries, along with an understanding of the limitation of conventional economic analysis in this context.
  2. Research and investigative skills such as problem framing and solving and the ability to assemble and evaluate complex evidence and arguments.
  3. Communication skills in order to critique, create and communicate understanding.
  4. Personal effectiveness through task-management, time-management, dealing with uncertainty and adapting to new situations, personal and intellectual autonomy through independent learning.
  5. Practical/technical skills such as, modelling skills (abstraction, logic, succinctness), qualitative analysis and general IT literacy.
Reading List
The main textbook that will be used is M.P. Todaro and S.C. Smith, Economic Development (eighth edition or the equivalent in subsequent editions), although A.P. Thirlwall, Economics of Development (Palgrave/Macmillan, 2011) will also be referred to. Further material, particularly on East Asian countries, is to be found in M. Fransman, The New ICT Ecosystem (Cambridge University Press, 2010). These textbooks will be supplemented by further readings where appropriate.
Additional Information
Graduate Attributes and Skills See Learning Outcomes
KeywordsPED
Contacts
Course organiserProf Martin Fransman
Tel: (0131 6)50 4060
Email: M.Fransman@ed.ac.uk
Course secretaryMs Dawn Everett
Tel: (0131 6)51 5958
Email: Dawn.Everett@ed.ac.uk
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