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Economic Development (9544.1)

Level: Level 3 - Undergraduate Advanced Unit
Credit Points: 3
HECS Bands: 2, 3
Faculty: Faculty of Business, Government & Law
Discipline: School of Government & Policy

Availability

    Unit Outlines

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    • Semester 2, 2018, ON-CAMPUS, BRUCE (179389) - View
    • Semester 2, 2017, ON-CAMPUS, BRUCE (167322) - View

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    Syllabus

    This unit introduces major theories of economic development and to place them in a historical context. Theories of economic development attempt to explain the process that less developed countries (LDCs) go through to become developed countries (DCs). Further, because economic development is more than economic growth and involves changes in all aspects of society, both social and political, the discipline tends to be interdisciplinary, drawing from other social sciences such as sociology and geography.

    Learning Outcomes

    On successful completion of this unit, students will be able to:

    1. Define economic development and its components;

    2. Describe major theories of economic development;

    3. Explain and apply some basic economic models related to economic development and economic growth, including the Solow Growth model and its extensions;

    4. Identify and discuss economic development theories in the social and political context in which they were created; and

    5. Critically examine economic development theories in light of a history of poor performance in development programs.

    Assessment Items

    Contact Hours

    150 learning hours in online self-paced mode.

    Prerequisites

    9518 Foundations of Microeconomics OR 6355 Introduction to Economics

    Corequisites

    None.

    Assumed Knowledge

    None.

    Incompatible Units

    NONE.

    Equivalent Units

    NO.



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