The course deals with the principal issues of economic development, with the objective of preparing students for advanced study and policy-oriented research in this subject area.  Emphasis will be on economy-wide aspects of economic development, with special references to international dimensions of national development policy making.  The basic approach is to present the relevant theory, examine the empirical validity of alternative models and draw out their policy implications.  Major policy issues are discussed with illustrations from actual experiences in selected developing countries.  As an integral part of the course, an attempt will be made to train students to collect and interpret data on developing economies. The course is intended for students in the Master of International and Development Economics or the Master of Public Policy.

Learning Outcomes

Upon successful completion, students will have the knowledge and skills to:

The purpose of the course is to introduce students to the wide-ranging policy issues and theories in development economics. On satisfying the requirements for this course, students will have the knowledge and skills to critically evaluate economic problems of developing countries and to effectively participate in the contemporary policy debate on development priorities and policy reforms in these countries.  It is hoped that the course will help students in defining topics for their doctoral research.

Required Resources

Economics of Development

Author: Perkins, Dwight H., Steven Radelet and David L. Lindauer

Publisher: New York: W.W. Norton

Edition: Seventh Edition

ISBN: ISBN 0-393-93435-7 (International Student Edition)

Availability: Campus Bookstore

Price:

Notes:

 

Recommended Resources

Supplementary readings

Selected journal articles and chapters/sections of books (to be posted on Wattle under each lecture)

Some of the lectures and tutorials will make use of quantitative development data. Students are expected to become familiar with relevant web-based data sources, in particular World Bank, World Development Indicators database (WDI) and International Monetary Fund, International Financial Statistics. These can be accessed through E-Resources & Databases on the front webpage of ANU Library.

 

Students are expected to become familiar with the data compendiums contained in the following :annual publications:

 

World Bank,  World Development Indicators, and World Development Report.     

 

United Nations Development Program, Human Development Report.

Staff Feedback

Students will be given feedback in the following forms in this course:

• Written comments
• Verbal comments
• Feedback to the whole class

Student Feedback

ANU is committed to the demonstration of educational excellence and regularly seeks feedback from students. Students are encouraged to offer feedback directly to their Course Convener or through their College and Course representatives (if applicable). The feedback given in these surveys is anonymous and provides the Colleges, University Education Committee and Academic Board with opportunities to recognise excellent teaching, and opportunities for improvement. The Surveys and Evaluation website provides more information on student surveys at ANU and reports on the feedback provided on ANU courses.

Class Schedule

Week/Session	Summary of Activities	Assessment
1	Week 1 - 30/07/2019: Introduction Concepts, indicators, and pattern of growth and development	Lecturer: Athukorala
2	Week 2 - 06/08/2019: Growth/development debate: Paradigm shifts	Lecturer: Athukorala
3	Week 3 - 13/08/2019: Theories of economic growth	Lecturer: Athukorala
4	Week 4 - 20/08/2019: Theories of economic growth (continued)	Lecturer: Athukorala
5	Week 5 - 27/08/2019: Inequality and poverty	Lecturer: Athukorala
6	Week 6 - 03/09/2019: Population, human capital and economic development	Lecturer: Athukorala
7	Week 7 - 24/09/2019: Financing economic growth: Saving, Investment and Growth	Mid-term examination Lecturer: Athukorala
8	Week 8 - 01/10/2019: Agriculture and development	Lecturer: Athukorala
9	Week 9 - 08/10/2019: Trade and development	Lecturer: Athukorala
10	Week 10 - 15/10/2019: Trade and development (continued)	Lecturer: Athukorala
11	Week 11 - 22/10/2019 Capital flows, foreign aid and development	Lecturer: Athukorala
12	Week 12 - 29/10/2019: Managing an open economy	Lecturer: Athukorala

Assessment Summary

Assessment task	Value	Due Date	Return of assessment	Learning Outcomes
Mid-term examination	25 %	22/09/2020	*	1,2,3
Reading assignment	25 %	06/11/2020	20/11/2020	1,2,3
Final examination	50 %	*	*	1,2,3

* If the Due Date and Return of Assessment date are blank, see the Assessment Tab for specific Assessment Task details

Policies

ANU has educational policies, procedures and guidelines, which are designed to ensure that staff and students are aware of the University’s academic standards, and implement them. Students are expected to have read the Academic Misconduct Rule before the commencement of their course. Other key policies and guidelines include:

• Student Assessment (Coursework) Policy and Procedure
• Special Assessment Consideration Policy and General Information
• Student Surveys and Evaluations
• Deferred Examinations
• Student Complaint Resolution Policy and Procedure

Assessment Requirements

The ANU is using Turnitin to enhance student citation and referencing techniques, and to assess assignment submissions as a component of the University's approach to managing Academic Integrity. For additional information regarding Turnitin please visit the ANU Online website Students may choose not to submit assessment items through Turnitin. In this instance you will be required to submit, alongside the assessment item itself, hard copies of all references included in the assessment item.

Moderation of Assessment

Marks that are allocated during Semester are to be considered provisional until formalised by the College examiners meeting at the end of each Semester. If appropriate, some moderation of marks might be applied prior to final results being released.

Assessment Task 1

Mid-term examination

Mid-term examination (one hour, multiple choice) will be held on the 22nd September

Assessment Task 2

Reading assignment

Length: 3000 words

Mode of sunmission: Turnitin on Wattle

Due date/time: Friday 6 November, 11:55PM

Write a critical review of one of the five books listed below in light of what you have learned in the course. The total word count should not exceed 3000.    

 (1) Banerjee, Abhijit V. and Esther Duflo (2019), Good Economics for Hard Times: Better Answers to our Biggest Problems, New York, Allen Lane

(2) Case, Anne and Angus Deaton (2020), Deaths of Despair and the Future of Capitalism, Princeton, NJ: Price ton University Press.

(3) Milanovic, Branko (2019), Capitalism, Alone: The Future of the System that Rule the World, Cambridge, Mas: Harvard University Press.

(2)  Levy, Santiago (2018), Under-Rewarded Efforts: The Elusive Quest for Prosperity in Mexico, Washington DC: Inter-American Development Bank.

(3)  Panagariya, Arvind (2019), Free Trade and [prosperity: How Openness Help the Developing Countries Grow Richer and Combat Poverty, New York: Oxford University Press.

The marked assignment with written feedback will be made available via Wattle after the final exam results are released.

Assessment Task 3

Final examination

Final exam will cover the entire course.

Final Examination will be held during the examination period with the specific date to be confirmed.

Results will be released on 28 November via ISIS.

Academic Integrity

Academic integrity is a core part of our culture as a community of scholars. At its heart, academic integrity is about behaving ethically. This means that all members of the community commit to honest and responsible scholarly practice and to upholding these values with respect and fairness. The Australian National University commits to embedding the values of academic integrity in our teaching and learning. We ensure that all members of our community understand how to engage in academic work in ways that are consistent with, and actively support academic integrity. The ANU expects staff and students to uphold high standards of academic integrity and act ethically and honestly, to ensure the quality and value of the qualification that you will graduate with. The University has policies and procedures in place to promote academic integrity and manage academic misconduct. Visit the following Academic honesty & plagiarism website for more information about academic integrity and what the ANU considers academic misconduct. The ANU offers a number of services to assist students with their assignments, examinations, and other learning activities. The Academic Skills and Learning Centre offers a number of workshops and seminars that you may find useful for your studies.

Online Submission

The ANU uses Turnitin to enhance student citation and referencing techniques, and to assess assignment submissions as a component of the University's approach to managing Academic Integrity. While the use of Turnitin is not mandatory, the ANU highly recommends Turnitin is used by both teaching staff and students. For additional information regarding Turnitin please visit the ANU Online website.

Hardcopy Submission

For some forms of assessment (hand written assignments, art works, laboratory notes, etc.) hard copy submission is appropriate when approved by the Associate Dean (Education). Hard copy submissions must utilise the Assignment Cover Sheet. Please keep a copy of tasks completed for your records.

Late Submission

No submission of assessment tasks without an extension after the due date will be permitted. If an assessment task is not submitted by the due date, a mark of 0 will be awarded.

Referencing Requirements

Accepted academic practice for referencing sources that you use in presentations can be found via the links on the Wattle site, under the file named “ANU and College Policies, Program Information, Student Support Services and Assessment”. Alternatively, you can seek help through the Students Learning Development website.

Extensions and Penalties

Extensions and late submission of assessment pieces are covered by the Student Assessment (Coursework) Policy and Procedure The Course Convener may grant extensions for assessment pieces that are not examinations or take-home examinations. If you need an extension, you must request an extension in writing on or before the due date. If you have documented and appropriate medical evidence that demonstrates you were not able to request an extension on or before the due date, you may be able to request it after the due date.

Privacy Notice

The ANU has made a number of third party, online, databases available for students to use. Use of each online database is conditional on student end users first agreeing to the database licensor’s terms of service and/or privacy policy. Students should read these carefully. In some cases student end users will be required to register an account with the database licensor and submit personal information, including their: first name; last name; ANU email address; and other information. In cases where student end users are asked to submit ‘content’ to a database, such as an assignment or short answers, the database licensor may only use the student’s ‘content’ in accordance with the terms of service — including any (copyright) licence the student grants to the database licensor. Any personal information or content a student submits may be stored by the licensor, potentially offshore, and will be used to process the database service in accordance with the licensors terms of service and/or privacy policy. If any student chooses not to agree to the database licensor’s terms of service or privacy policy, the student will not be able to access and use the database. In these circumstances students should contact their lecturer to enquire about alternative arrangements that are available.

Distribution of grades policy

Academic Quality Assurance Committee monitors the performance of students, including attrition, further study and employment rates and grade distribution, and College reports on quality assurance processes for assessment activities, including alignment with national and international disciplinary and interdisciplinary standards, as well as qualification type learning outcomes. Since first semester 1994, ANU uses a grading scale for all courses. This grading scale is used by all academic areas of the University.

Support for students

The University offers students support through several different services. You may contact the services listed below directly or seek advice from your Course Convener, Student Administrators, or your College and Course representatives (if applicable).

• ANU Health, safety & wellbeing for medical services, counselling, mental health and spiritual support
• ANU Diversity and inclusion for students with a disability or ongoing or chronic illness
• ANU Dean of Students for confidential, impartial advice and help to resolve problems between students and the academic or administrative areas of the University
• ANU Academic Skills and Learning Centre supports you make your own decisions about how you learn and manage your workload.
• ANU Counselling Centre promotes, supports and enhances mental health and wellbeing within the University student community.
• ANUSA supports and represents undergraduate and ANU College students
• PARSA supports and represents postgraduate and research students