The Economics of Development (L1065)

15 credits, Level 6

Spring teaching

This module addresses some of the major problems of economic development in low- and middle-income economies: the relationship between poverty, inequality and economic growth; long-run growth and structural change; microeconomic issues in agricultural development, including theories of peasant resource allocation and farm size and efficiency; market performance in the rural and informal sectors of less developed countries (LDCs); industrialisation and trade policy; the roles of monetary policy and foreign aid in resource mobilisation; stabilisation and structural adjustment; and investment in human capital.


67%: Lecture
33%: Seminar


20%: Coursework (Project)
80%: Examination (Take away paper)

Contact hours and workload

This module is 150 hours of work. This breaks down into 33 hours of contact time and 117 hours of independent study.

This module is running in the academic year 2019/20. We also plan to offer it in future academic years. It may become unavailable due to staff availability, student demand or updates to our curriculum. We’ll make sure to let our applicants know of such changes to modules at the earliest opportunity.