© Natalya Brown 2008 Principles and Concepts of Economic Development Natalya Brown.

© Natalya Brown 2008

Principles and Concepts of Economic Development

Natalya Brown

© Natalya Brown 2008

ECON 3066Economic

Development Course Overview

• Course Description and Objectives• Topics Covered• Materials• Course Requirements– Term Paper and Presentations– Exams– Assignment– Class Participation

• Miscellaneous

© Natalya Brown 2008

ECON 3066Economic

DevelopmentCourse Description and

Objectives• This course explores the various principles and

concepts of economic development in an attempt to explain the disparity in development experiences across the globe.

• Why do some countries experience rapid economic development while others seem not to develop at all?

© Natalya Brown 2008

ECON 3066Economic

Development Topics Covered

• Meaning of Economic Development• Classical and Contemporary Theories of

Economic Development• Poverty and Inequality• Population Growth• Urbanization and Rural-Urban Migration• The Key Role of Agricultural Development

© Natalya Brown 2008

ECON 3066Economic

Development Materials

• Required Text:– Todaro, Michael P. and Stephen C. Smith, Economic

Development, Tenth Edition, Addison Wesley, 2009.

• Course Website:– http://www.nipissingu.ca/faculty/natalyab/ECON3066.asp

– Announcements– Lecture Notes– Links to internet resources

© Natalya Brown 2008

ECON 3066Economic

Development Term Paper and Presentations

• The term paper is worth 25% of final grade– See course outline for suggested topics– First draft due November 3rd

– Final draft due November 28th

• The presentation of the term paper is worth 15% of the final grade– November 10th and 17th

© Natalya Brown 2008

ECON 3066Economic

Development Exams

• Term test on October 20th covering Todaro chapters 1 – 4.

• No Final Examination.

© Natalya Brown 2008

ECON 3066Economic

Development Assignments

• Assignment due October 27th.• Currently available for download.

© Natalya Brown 2008

ECON 3066Economic

Development Class Participation

• Worth 10% of final grade.• Grade based on preparation for class,

questions asked and quality of group presentations.

• Each student is expected to participate in at least 1 group presentation.

• Please sign up for topics before October 1st.

© Natalya Brown 2008

ECON 3066Economic

Development Summary

• Class Participation 10%• Assignment 20%• Term Paper 25%• Presentation 15%• Term Test 30%

© Natalya Brown 2008

ECON 3066Economic

Development Miscellaneous

• Office hours: Mondays 2:00-3:30pm, or by appointment.

© Natalya Brown 2008

ECON 3066Economic

Development Question Time

• Write down 10 things that you associate with economic development.

• No sentences

© Natalya Brown 2008

ECON 3066Economic

DevelopmentWhat is Development

Economics?• Development economics is the branch of

economics that studies relatively poor countries, often referred to as developing countries or less developed countries (LDCs).

• Development economists tries to explain why standards of living grow faster in some places than in others. They investigate what promotes economic development and what hinders it.

© Natalya Brown 2008

ECON 3066Economic

Development Some Key Issues

• Human Development• Gender Equality• Child Labour• Sustainable Development• Foreign Aid and Debt Relief• Globalization• More comprehensive indicators of quality of

life.