Topic: Development Economics
Office hours: Wednesdays and Thursdays,
This course has two basic objectives. The first is to introduce students to the distinctive characteristics and problems of less developed countries (LDCs). The second is to teach professional writing skills.
The prerequisite is either Econ 302 or Econ 304. There will be two midterms and an 8 page country report, each counting for 25 percent of your grade. Problem sets, interim writing assignments and class participation will determine the remaining 25 percent of your grade. The midterms will be administered at on Tuesday, February 21 and at on Tuesday, April 18. Both exams will be in 151 Willard.
The textbooks for this course, which you
should buy, are: Todaro, Michael and Stephen
Smith, 2006, Economic Development, 9th
edition, Addison-Wesley and Ross-Larson,
Bruce, 1996, Edit Yourself, New York: Norton.
Several chapters will also be assigned from: Easterly, William. 2001. The
Elusive Quest for Growth.
The ability of the University to achieve its purposes depends upon the quality and integrity of the academic work that its faculty, staff and students perform. Academic freedom can flourish only in a community of scholars which recognizes that intellectual integrity, with its accompanying rights and responsibilities, lies at the heart of its mission. Observing basic honesty in one's work, words, ideas, and actions is a principle to which all members of the community are required to subscribe.
All course work by students is to be done on an individual basis unless an instructor clearly states that an alternative is acceptable. Any reference materials used in the preparation of any assignment must be explicitly cited. In an examination setting, unless the instructor gives explicit prior instructions to the contrary, whether the examination is in-class or take-home, violations of academic integrity shall consist of any attempt to receive assistance from written or printed aids, or from any person or papers or electronic devices, or of any attempt to give assistance, whether the one so doing has completed his or her own work or not. Other violations include, but are not limited to, any attempt to gain an unfair advantage in regard to an examination, such as tampering with a graded exam or claiming another's work to be one's own.
also consist of obtaining or attempting to obtain, previous to any examinations,
copies of the examination papers or the questions to appear thereon, or to
obtain any illegal knowledge of these questions. Lying to the instructor or
purposely misleading any
In cases of a violation of academic integrity it is the policy of the Department of Economics to impose the most severe penalties that are consistent with University guidelines.
There will be no make-up exams. Those who miss a midterm exam without a valid excuse will receive a zero for that exam. Those who miss an exam but document a valid excuse for their absence will receive a course grade based on their remaining course work. The Economics Department defines valid excuses as follows:
Valid Excuses: During the course many possible situations may arise that would result in your inability to attend class, attend exams, or perform at a minimally acceptable level during an examination. Illness or injury, family emergencies, certain University-approved curricular and extra-curricular activities, and religious holidays can be legitimate reasons to miss class or to be excused from a scheduled examination.
In the case of your own illness or injury, confirmation from a physician, physician’s assistant, a nurse-practitioner, or a nurse is required. Be advised that University Health Services cannot provide such verification unless they have provided treatment and the student authorizes release of information to the instructor. Further, barring extraordinary circumstances, the confirmation must be available to the instructor prior to the missed course event.
With regard to family emergencies, you must provide verifiable documentation of the emergency. Given the vast array of family emergencies the instructor will provide precise guidance as to what constitutes adequate documentation. Unless the emergency is critical you should notify the instructor in advance of your absence from the scheduled course event. In cases of critical emergencies, you must notify the instructor within one week of your absence.
For University-approved curricular and extra-curricular activities, verifiable documentation is also required. The student should obtain from the unit or department sponsoring the activity a letter (or class absence form) indicating the anticipated absence(s). The letter must be presented to the instructor at least one week prior to the first absence.
In the case of religious holidays, the student should notify the instructor by the third week of the course of any potential conflicts.
writing assignment 1 (due Thursday, February 16)
writing assignment 2 (due Tuesday, April 11)
Final writing assignment (due May 1)
Todaro and Smith, Development Economics, chapter 1, chapter 2, and pp. 195-205, 212-225.
Ross-Larson, B., Edit Yourself, pp. 1-39.
Pritchett, L. “Divergence, Big Time,” Journal of Economic Perspectives 11(3), Summer 1997, pp. 3-18.
Robert. 1996. The Ends of the Earth: a Journey at the Dawn of the 21st
Todaro and Smith, Development Economics, Chapter 3
Todaro and Smith, Development Economics, Chapters 4 and 7.
Tybout, James 2000. "Manufacturing Firms in Developing Countries: How Well do they do, and Why?" Journal of Economic Literature, March 2000, pp. 11-44. (on-line copy).
Brunetti, Aymo, Gregory Kisunko and Beatrice Weder, Institutional Obstacles for Doing Business: Data Description and Methodology of a Worldwide Private Sector Survey. The World Bank, 1996.
Todaro and Smith, Development Economics, Chapter 6.
Easterly, W. The Elusive Quest for Growth, Chapter 5 .
The World Bank, World Development Report, 1984,
Birdsall, N. "Economic Approaches to Population Growth," in H. Chenery and T.N. Srinivasan, eds,, Handbook of Development Economics, vol. 1, 1988.
Todaro and Smith, Development Economics, Chapters 5 and 8
Development Report 2006: Equity and Development,
Todaro and Smith, Development Economics, Chapters 12, 13
Newfarmer, R. ed. Trade,
Moran, T. Foreign
Direct Investment and Development,” 1998.
Rodrik, Dani "Globalization for Whom?" Harvard Magazine Online, July-August 2002.
7. Macro management
Todaro and Smith, Development Economics, Chapters 14, 15