095738 Development Economics 2

Details
Institute of Food and Resource Economics
Earliest Possible Year
Duration1 semester
 
Credits6 (ECTS)
Course LevelMSc
 
Examinationoral examination


No aid allowed

Description of Examination: 13-point scale, internal examiner

Dates of Exam:
 
Organisation of TeachingLectures: 1 module per week
 
Block PlacementE5, fall
 
Teaching LanguageEnglish
 
Optional Prerequisites095758 Development Economics 1
 
Course Objectives
This course supplements and deepens the general knowledge introduced in the course Development Economics 1, and equip students with thorough grounding in the basic tools of economic analysis of development issues. The course will provide students with the tools to better comprehend development problems in general and agriculture-related questions in particular on the one hand, and to enable them to undertake economic analysis of the involved issues on both macro and micro basis on the other.
 
Course Contents
The central themes in this course include:
- Macroeconomics in the LDCs.
- Farming systems in the LDCs with emphasis on small-scale farming and subsistence production.
- Technical change and agricultural price policies and the role of the public sector.
- The international economic order- trade and aid.

It is increasingly realized that counter-cyclical stabilization policies are just as important to the LDCs as to the developing ones, and that standard macroeconomic models may require substantial modifications to better fit the underdeveloped economies. Furthermore, it is also recognized now that the success of a single development project depends also on the overall economic environment and the overall performance of the concerned country. Along with these issues- the macroeconomics of the LDCs and the inter-relations between the macro and micro aspects, a sophisticated knowledge of the agrarian sector in the LDCs and of international trade arrangements is central in enabling students to appreciate the complexity and comprehensiveness of development processes.
 
Teaching And Learning Methods
Traditional lecturing will be limited in this course, and will depend on the students' background and preference. However, traditional lecturing should not exceed half of the teaching time of the course. The students will be encouraged from the start to present and to discuss selected literature. Furthermore, the students will work individually or with other students on specific problem-areas. Each student/group will have time to present and to discuss the analysis and findings with the rest of the participants in the course. The precise contents of the course will depend partially on the problems and aspects selected by the students themselves.
 
Course Litterature
Agénor P.R. & P. Montiel: Development Macroeconomics. Princeton University Press, 1996.
S. Ghatak: Monetary Economics in Developing Countries. 2nd. Edition, St. Martin=s Press, 1995.
F. Ellis: Peasant Economics. Cambridge UP, 1993.
R. Jha: Macroeconomics for Developing Countries. Routledge, London 1994.
C.K.Eicher & J.M.Staaz (eds.): Agricultural Development in the Third World. 2nd edition, John Hopkins UP, 1990.
N. Kanafani: Risk, Utility and Farmers' Production Strategies. Nectar, Brussel, 1995.
K. Jensen and N. Kanafani: An Introduction to Gender Economics - Women in the Household. Nectar, Brussel, 1997.
 
Course Coordinator
Noman Kanafani, kan@life.ku.dk, Institute of Food and Resource Economics/International Economics and Policy Division, Phone: 35332269
 
Study Board
Study Committee NSN
 
Course Scope
lectures30
theoretical exercises50
project work60
examination40

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