Economics of Developing Countries

The course focuses on development issues in the context of third world problems such as poverty, illiteracy, urbanization, and unemployment. It presents abstract models and then applies them to real world cases. It is a policy-oriented course that aims to enhance students’ abilities to understand third world problems and to reach policy conclusions about possible solutions. Topics include meaning of underdevelopment, historical patterns of economic change in the developing countries, population problems, obstacles to development, role of industry and agriculture, inequality of income and wealth distribution, economic planning, and environmental problems linked to development. Prerequisites: ECN 211, ECN 212.