Development Economics

Course Code: 
ECON3051

This course introduces the field of economic development.  It examines a number of definitions and measures of development and highlights the structural diversity and common characteristics of less developed countries (LDCs).  The theories of development are reviewed, and numerous multi-disciplinary perspectives on development are highlighted.

The course topics include:  Development economics and the Concept of  Development; Classification of Developing Countries using Statistical indices; Caribbean Development Overview;  Multi-Disciplinary Perspectives on Development (Culture and Development, The Politics of Development, Gender and Development, The Environment and Development); Theories of Development and Underdevelopment (Limiting Factor Theories, Stages of Growth Theories, Structural Change Models, External/International/Dependence Explanations of Underdevelopment, The Neo-Classical Counter-Revolutionary Models; The New Growth Theory).

Semester: 
Semester 1
Pre-Requisites: 
ECON2002