POL41870 Econ & Policy Analysis 1 10cr

Academic Year 2019/2020

This course takes up a number of topics in development economics in which political economy can provide either another angle or new insights into old issues. There are five key components in this module. The first part of the course deals with the role of institutions which has proven important for economic development. What are institutions ? Why are they important ? Who shapes institutions and why ? To what extent institutions change over time, and how institutions effect economic growth, investments and prosperity. The second part of the course focuses on the role of geography as a prime determinant of economic development. In that, the focus will be particularly on Africa. Did geography help or hinder the prosperity in Africa ? The role of geography in slave trade and how slave trade has affected economic growth via low levels of trust in the society today. The third segment in the course will give a broad overview of "Dutch disease"and and then turns to its consequences especially for socio-economic and political development. This part of the course also discusses various strategies (tried & tested and untried) available at the disposal of policy makers to counter "Resource curse" problem. Fourth, the course will shed light on development aid – who gives aid, to whom and why? It will cover topics like the (economic) growth effects of development aid, politics and the consequences of development aid, are new donors (China, India) any different? Should aid be abandoned ? What is the role of 'debt relief' and does it work ? The problems associated with 'debt relief' initiatives etc., discussed recently in development studies. The final component of the course will discuss other pressing issues of the day, i.e., the economics and politics of migration.

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Curricular information is subject to change

Learning Outcomes:

The objective of the course is to give students a solid foundation in the basic concepts of various topics covered under advanced development studies, as well as a first impression and understanding of the topics studied and the methodologies used at the frontier of development studies research today. Throughout the course, students will learn how to read research papers, how to judge the quality of a research paper, evaluate the data and methodology used, and how to read and interpret regression outputs and empirical results.

Indicative Module Content:

The key topics covered in the module include:

1. The role of institutions on economic growth & development
2. The role of geography on economic growth & development
3. The role of natural resources on economic growth & development
4. The role of development aid on economic growth & development
5. The role of migration on economic growth & development

Student Effort Hours: 
Student Effort Type Hours




Approaches to Teaching and Learning:
The teaching and learning approaches used in this module will be as follows:

1. Lectures
2. Critical writing; Review of published research work
3. Problem-based learning
4. Case study-based learning
5. Reviewing empirical research papers based on regression analysis
6. Understanding the identification strategy applied in regression models
Requirements, Exclusions and Recommendations
Learning Recommendations:

This module is designed specially for students who are either interested in or intend to specialize in the fields of Development Studies, Political Economy, Development Economics and Politics of Development. Note that most of the research papers to be discussed in this course have empirical focus. Thus, the course requires solid understanding of how to read and interpret statistics, specially regression models, instrumental variable strategy and conditional plots. Therefore, this module is recommended for those students who are interested in the afore-mentioned fields.

Module Requisites and Incompatibles
Not applicable to this module.
Assessment Strategy  
Description Timing Open Book Exam Component Scale Must Pass Component % of Final Grade
Continuous Assessment: Class Test - I Throughout the Trimester n/a Graded No


Continuous Assessment: Term (essay) Paper Coursework (End of Trimester) n/a Graded No


Continuous Assessment: MCQ - I Throughout the Trimester n/a Graded No


Carry forward of passed components
Resit In Terminal Exam
Autumn No
Please see Student Jargon Buster for more information about remediation types and timing. 
Feedback Strategy/Strategies

• Feedback individually to students, post-assessment

How will my Feedback be Delivered?

1. Detailed written feedback is provided to each student on their term paper assignment within 20 working days of the deadline for the assignment in according with university policy. 2. Written feedback is provided to each student on the two class-room tests within 20 working days of the deadline for the class-room tests in according with university policy.