ECF5580 · Macroeconomic theory and policy for developing countries

Overview

This unit offers an analysis of key macroeconomic topics in development economics, focusing on the complexities and dynamics of economic growth in developing countries. Through a rigorous examination of scholarly journal articles, theoretical frameworks, and empirical evidence, you will gain a comprehensive understanding of the factors influencing economic development and the challenges faced by developing nations. The unit explores various dimensions, including measuring economic indicators, growth theories, regional growth experiences (such as China and East Asia), policy frameworks, social and environmental factors, as well as the role of institutions. By the end of this unit, you will have cultivated a deeper understanding of the multifaceted macroeconomic factors that influence economic development.

Offerings

Assessment

The Handbook does not list a final examination among the assessment items. That is not a guarantee there is none.

Assessment details may change. Please refer to the assessment information in Moodle closer to the start of the teaching period.

Requisites

The Handbook lists no prerequisite, corequisite or prohibition for this unit.

Learning outcomes

1. demonstrate a comprehensive understanding of growth theories and empirical evidence related to cross-country growth patterns.
2. extract valuable lessons and insights from the growth experience in China and East Asia and apply them to other developing regions.
3. understand the role of institutions, geography, and natural resources in shaping economic growth and development outcomes
4. appreciate the impact of social and environmental disparities on economic development in developing countries.
5. develop a holistic perspective on the challenges and opportunities faced by developing countries.
6. effectively communicate with policymakers, industry, and other stakeholders on economic development issues.

Workload

Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. You are expected to complete all pre-class activities prior to your scheduled class, and post-class activities should be completed after your scheduled class. Learning activities may include a combination of teacher directed, peer directed and online engagement activities.

Student experience, not official rules. Nothing here changes what the Handbook says.