ECON3019 - Issues in Economic Development

Term 2


To provide students with an understanding of the specificities of public economics in developing countries; to show how the economic and political characteristics of these countries affect our comprehension of both the roles and impacts of public intervention;  to comprehend the key public policies undertaken in the developing world; and to provide them  the capacity  to analyse and understand key issues in this field using standard tools of theoretical and empirical economic analysis.


By the end of the course, students should:

  • have gained major insights on the role of public policy and institutions in promoting development
  • be aware of concerns and debates regarding the efficiency of governments in developing countries
  • understand the economic issues regarding policy implementation in a developing country
  • be able to analyse, using relevant economic concepts and methods, a number of issues in public  policy, such as institutional reform, taxation with limited state capacity, and the merits of decentralization
Taught by:
Marcos Vera Hernandez
Assessment: 20 hours of lectures and 4 compulsory tutorial classes. Coursework consists of 4 problem sets, one for each class, which typically
include some exercises and/or short written assignments. Students are required to submit coursework for 3 out of 4 classes. There will be an unseen 2-hour written examination in Term 3.
Suitable for:
3rd year Economics (L100) students; available to Econ/Geog (LL17) and Phil/Econ (VL51) students but please note the recommended pre-requisite of ECON2007 (can be taken concurrently).
Prerequisites: ECON2001: Microeconomics and ECON2004: Macroeconomic Theory and Policy (or equivalents). It is also recommended that students have taken ECON2007: Quantitative Economics and Econometrics.
Maximum module enrolments: 105
Module Evaluation (Previous year): ECON3019
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