This module deals with processes of economic development and the challenges faced by developing countries, in the light of the UN’s sustainable development goals. It has a particular focus on the roles played by trade, globalisation and financial market development in economic growth.
| Comparative Economic Development: Defining the developing world; Measuring development; Indicators of development; Inequality, poverty and income distribution; UN SDGs.
Theories of Development and Underdevelopment: Underdevelopment as a coordination failure. Contemporary models of development.
International Trade, Globalisation and Development: Applying trade theory in the context of development; Balance of Payments issues; Impact of globalisation on developing countries; Role of MNEs, profit-shifting and taxation; Role of international institutions.
Finance and Economic Growth: Institutional and financial market development; Microfinance; Capital flows; Foreign Aid; Global financial system and the need for reform.
Critical Issues for the Twenty-First Century: Investment for sustainable development; Climate change; Debt sustainability. |
The module takes a blended approach to learning through a mixture of lectures, online content and other resources, tutorial support, class discussion and project work involving independent learning. Formative assessment and feedback are an integral part of delivery.
| Module Content & Assessment | |
|---|---|
| Assessment Breakdown | % |
| Formal Examination | 50 |
| Other Assessment(s) | 50 |