This unit examines the economic transformation of less-developed countries from microeconomic and macroeconomic perspectives. It covers applied topics such as education, health, nutrition, demographics, labour, agriculture and the private sector, focusing on how policies attempt to overcome market and institutional failures that are particularly acute in the developing world. Focus is given to applying theoretical and empirical tools necessary to conceptualise, analyse and interpret various issues in economic development. Applied examples from developing countries are used throughout the unit.
1x2hr lecture/week, 1x1hr tutorial/week
1x1500wd written assessment (30%), 1x1hr mid-semester exam (20%), 1x2hr final exam (50%)
ECOS2001 or ECOS2901 or ECOS2002 or ECOS2902