This course is usually offered every Summer and Fall.
Economic problems of underdeveloped nations.
This course focuses on the economics of developing countries. The course examines the experience of the so called “developed countries” and seeks to understand the processes by which countries enter into a stage where the standards of living of the masses of people are increased and these increases are sustained over time. One of the central issues in economic development is the issue of economic growth. Other issues include poverty and inequality, the Colonial legacy, the environment, gender institutions, and globalization. This course focuses on both the macro and the micro issues that are central to growth and development.
Upon completion of the course, the student should:
• examine the particular structural characteristics of developing countries;
• understand theories of economic growth;
• explain the specific problems developing countries and their people face and identify policies to address those problems;
• understand the causes of poverty and inequality in the developing world;
• analyze the role that gender plays in economic development;
• explore environmental problems and issues associated with growth and development.
This course can be applied toward:
ECON 304 (Intermediate Macroeconomics).
Prerequisites: intermediate macroeconomics, college algebra.