ECM160-Macroeconomics for Developing Countries

Module Provider: School of Politics, Economics and International Relations
Number of credits: 20 [10 ECTS credits]
Level:7
Terms in which taught: Autumn term module
Pre-requisites:
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 module 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.

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:

Outline content:
- Introduction to growth and development
- Theories of growth
- Growth empirics
- Geography and development
- Institutions of development
- Stages of growth

Brief description of teaching and learning methods:
The topics of the syllabus are presented and discussed in 9 lectures of 2 hours each, complemented with a 2-hour seminar in which students apply the tools acquired in the lectures to analyse specific countries’ experiences. Plus 1 x 1 hour seminar.

Students are also part of a mailing list that keeps them informed about events and new learning materials (scientific papers, newspaper articles, websites) and through which they can raise questions of general interest to the group.

Contact hours:
  Autumn Spring Summer
Lectures 20 1
Guided independent study 159 20
       
Total hours by term 179.00 1.00 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:
One written test of 1 hour at the end of the Spring term (worth 20%).
Either one 3000 word essay or two shorter written pieces (20%). A choice of broadly defined topics is given from those covered in lectures and seminars.

Formative assessment methods:

Penalties for late submission:
Penalties for late submission on this module are in accordance with the University policy. Please refer to page 5 of the Postgraduate Guide to Assessment for further information: http://www.reading.ac.uk/internal/exams/student/exa-guidePG.aspx

Length of examination:
One 2-hour unseen written paper, intended to be comprehensive of everything covered in the module.
Postgraduate examinations are held in the Summer term.

Requirements for a pass:
A minimum weighted average mark of coursework and examination of 50%.

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: Ray, D. (1998) Development Economics, Princeton University Press: £31
Jones, C. I.(2015) Introduction to Economic Growth: £48 (2002 edition costs £15 and covers all the relevant chapters)
[Please note that much cheaper purchase options are available and both the books can be borrowed from the University library]

2) Specialist equipment or materials:
3) Specialist clothing, footwear or headgear:
4) Printing and binding: Photocopying relevant book chapters: £10 (if books are not purchased)
(optional) Printing lecture slides: £12 (available on Blackboard)
(optional) Printing journal articles: £20 (available through the library's online journal subscription)

5) Computers and devices with a particular specification:
6) Travel, accommodation and subsistence:

Last updated: 31 March 2017

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