EC342-Macroeconomics for Developing Countries

Module Provider: School of Politics, Economics and International Relations
Number of credits: 20 [10 ECTS credits]
Level:6
Terms in which taught: Autumn term module
Pre-requisites: EC201 Intermediate Microeconomics and EC202 Intermediate Macroeconomics
Non-modular pre-requisites:
Co-requisites:
Modules excluded:
Module version for: 2017/8

Module Convenor: Dr Subham Kailthya

Email: k.subham@reading.ac.uk

Summary module description:
The model equips students with a critical understanding of the main issues surrounding macroeconomic policy making in developing countries. It covers economic growth and explores the role of geography and institutions in shaping current economic conditions with a focus on both the proximate as well as long-run causes of development.
• Introduction to growth and development
• Theories of growth
• Growth empirics
• Geography and development
• Institutions and development
• Stages of growth

Aims:
To impart an understanding of macroeconomic issues in developing countries, and the ability to use the theoretical tools provided to critically assess different areas of policy making.

Assessable learning outcomes:
A good understanding of macroeconomic issues in developing countries, particularly the theoretical tools to critically assess different areas of macroeconomic policy. Also, students will acquire knowledge of examples from specific developing countries which allow them to exercise their analytical skills.

Additional outcomes:
Students are also strongly encouraged to develop their ability to work in groups, since the lectures are supported by empirical evidence presented in seminars based on group work.

Outline content:
Theories of growth
Growth and poverty
Institutions and growth
Sustainable growth
Well-being

Brief description of teaching and learning methods:
The topics of the syllabus are presented and discussed in 9 sessions of 2 hours each.

Contact hours:
  Autumn Spring Summer
Lectures 20 2
Guided independent study 160 18
       
Total hours by term 180.00 20.00
       
Total hours for module 200.00

Summative Assessment Methods:
Method Percentage
Written exam 60
Written assignment including essay 20
Class test administered by School 20

Other information on summative assessment:
Coursework has a total weight of 40%, and consists of either one essay (worth 20%) or two shorter essays (worth a total of 20%), and a test (20%):

One written test of 1 hour duration at the end of the Spring term.

Either one 2000 word essay or two shorter written pieces based on the topics covered. A choice of broadly defined topics is given from those covered in lectures.

Formative assessment methods:

Penalties for late submission:
The Module Convenor will apply the following penalties for work submitted late, in accordance with the University policy.

  • where the piece of work is submitted up to one calendar week after the original deadline (or any formally agreed extension to the deadline): 10% of the total marks available for the piece of work will be deducted from the mark for each working day (or part thereof) following the deadline up to a total of five working days;
  • where the piece of work is submitted more than five working days after the original deadline (or any formally agreed extension to the deadline): a mark of zero will be recorded.

  • The University policy statement on penalties for late submission can be found at: http://www.reading.ac.uk/web/FILES/qualitysupport/penaltiesforlatesubmission.pdf
    You are strongly advised to ensure that coursework is submitted by the relevant deadline. You should note that it is advisable to submit work in an unfinished state rather than to fail to submit any work.

    Length of examination:
    One 3-hour unseen written paper.
    Part 3 examinations are held in the Summer term.

    Requirements for a pass:
    A minimum overall mark of 40%.

    Reassessment arrangements:
    Re-examination for all modules takes place in August/September of the same year.
    Re-assessment is by examination only; coursework is not included at the second attempt.

    Additional Costs (specified where applicable):
    1) Required text books:
    2) Specialist equipment or materials:
    3) Specialist clothing, footwear or headgear:
    4) Printing and binding: There may be optional costs associated with photocopying or printing sources listed on the reading list relating to this module. Please note that the Library charges approximately 5p per photocopy.
    5) Computers and devices with a particular specification:
    6) Travel, accommodation and subsistence:

    Last updated: 31 March 2017

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