ECM161-Microeconomics 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: Spring term module
Pre-requisites:
Non-modular pre-requisites:
Co-requisites:
Modules excluded:
Module version for: 2017/8

Module Convenor: Dr Samantha Benvinda Rawlings

Email: s.b.rawlings@reading.ac.uk

Summary module description:

Aims:
This module focuses on microeconomic issues of development. It will provide a theoretical and empirical foundation to the microeconomics of developing countries.

Assessable learning outcomes:
On completion of the module students should:
- have developed an understanding of sources of market failures in developing countries, particularly in rural markets;
- be able to explain theoretical models of market failures in developing countries;
- be able to discuss empirical evidence regarding sources of market failures in developing countries.

Additional outcomes:
Students will develop general analytical skills and will also master the ability to work independently under pressure of restricted time frames and make their own decisions on the organisation of their work. They will also develop generic skills for future employment and career development.

Outline content:
1.Theories of factors markets in developing countries (labour market issues, nutrition).
2.Agricultural microeconomics - integrating producer, consumer and worker problems, choice of contracts within the rural sector.
3.Institutions: missing markets, risk and uncertainty etc.

Brief description of teaching and learning methods:
Detailed guidance on the main topics of the syllabus and key references are provided in 10 x 2 hour sessions of lectures and 1x 1 hour revision session. Students are required to do a significant amount of reading of journal articles, chapters of books, statistical sources and websites of national and international organisations.

Contact hours:
  Autumn Spring Summer
Lectures 21
Guided independent study 159 20
       
Total hours by term 180.00 20.00
       
Total hours for module 200.00

Summative Assessment Methods:
Method Percentage
Written exam 70
Written assignment including essay 20
Class test administered by School 10

Other information on summative assessment:
One 2,500 word essay (worth 20% of the overall mark) and a written test (10%).

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:
2) Specialist equipment or materials:
3) Specialist clothing, footwear or headgear:
4) Printing and binding:
5) Computers and devices with a particular specification:
6) Travel, accommodation and subsistence:

Last updated: 31 March 2017

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