Development Policies
A.Y. 2019/2020
Learning objectives
Undefined
Expected learning outcomes
Undefined
Lesson period: Third trimester
Assessment methods: Esame
Assessment result: voto verbalizzato in trentesimi
Single course
This course cannot be attended as a single course. Please check our list of single courses to find the ones available for enrolment.
Course syllabus and organization
Single session
Lesson period
Third trimester
Course syllabus
The course program covers basic elements of development economics and the evolution of international cooperation strategies, mostly from the post-war period to the present day.
The program may be summarized as follows: first we present the main stylized facts on economic and human development around the world, with particular emphasis on the ways in which development, poverty, and inequalities can be measured. Then some of the most relevant economic theories that explain the dynamics and the gaps in development among countries will be reviewed. We will study the different facets of economic and human development, distinguishing between proximate determinants of economic growth (e.g. education, health, gender, the family, land relations, etc.) as well as the so-called "deeper" determinants (e.g. informal and formal institutions, geography, technology, epidemics, conflicts, history, as well as unexpected exogenous events).
Then we will look at the role of development policies and international development cooperation and the impact they can have in different institutional contexts, today and in historical perspective.
This second part of the course tries to tackle the main development strategies and policies adopted in the last century and examines them according to their success or failure in enhancing welfare.
The detailed teaching plan is structured as follows:
Development economics:
- Development and Underdevelopment: definitions, measurement, origins, and history;
- Economic growth and development versus human development;
- Growth theories: review of the basic concepts and models:
- Proximate determinants of economic growth;
- Deep determinants of economic growth.
Development policies and strategies:
- Approaches to development policy-making;
- A brief history of development aid and international cooperation;
- Development aid actors and institutions and different types of aid;
- Micro and macro implications of development policies and aid;
- At the frontiers of development policies: the UN 2030 Agenda and SDGs and the current debates and challenges.
The program may be summarized as follows: first we present the main stylized facts on economic and human development around the world, with particular emphasis on the ways in which development, poverty, and inequalities can be measured. Then some of the most relevant economic theories that explain the dynamics and the gaps in development among countries will be reviewed. We will study the different facets of economic and human development, distinguishing between proximate determinants of economic growth (e.g. education, health, gender, the family, land relations, etc.) as well as the so-called "deeper" determinants (e.g. informal and formal institutions, geography, technology, epidemics, conflicts, history, as well as unexpected exogenous events).
Then we will look at the role of development policies and international development cooperation and the impact they can have in different institutional contexts, today and in historical perspective.
This second part of the course tries to tackle the main development strategies and policies adopted in the last century and examines them according to their success or failure in enhancing welfare.
The detailed teaching plan is structured as follows:
Development economics:
- Development and Underdevelopment: definitions, measurement, origins, and history;
- Economic growth and development versus human development;
- Growth theories: review of the basic concepts and models:
- Proximate determinants of economic growth;
- Deep determinants of economic growth.
Development policies and strategies:
- Approaches to development policy-making;
- A brief history of development aid and international cooperation;
- Development aid actors and institutions and different types of aid;
- Micro and macro implications of development policies and aid;
- At the frontiers of development policies: the UN 2030 Agenda and SDGs and the current debates and challenges.
Prerequisites for admission
Introductory microeconomics:
Students should be acquainted with the basic concepts of demand, supply, production, prices, allocation of resources, and distribution of income as well as elementary principles of welfare economics.
Introductory macroeconomics:
Students should understand the fundamental laws and concepts of macroeconomic theory (e.g. the determinants of national income and GDP, unemployment rates, and inflation rates) as well as the existing tools of public policy which can be used to promote macroeconomic goals.
Suggested textbooks: N.G. Mankiw, M.C. Taylor, Principi di economia, VII edizione, Zanichelli, 2018 or N.G. Mankiw, L'essenziale di economia, Zanichelli, 2016.
Students should be acquainted with the basic concepts of demand, supply, production, prices, allocation of resources, and distribution of income as well as elementary principles of welfare economics.
Introductory macroeconomics:
Students should understand the fundamental laws and concepts of macroeconomic theory (e.g. the determinants of national income and GDP, unemployment rates, and inflation rates) as well as the existing tools of public policy which can be used to promote macroeconomic goals.
Suggested textbooks: N.G. Mankiw, M.C. Taylor, Principi di economia, VII edizione, Zanichelli, 2018 or N.G. Mankiw, L'essenziale di economia, Zanichelli, 2016.
Teaching methods
Conventional lectures, flipped classrooms/interactive presentations (with discussants) and individual study.
Students will work in small groups and will be asked to present a specific topic chosen from a list provided by the teacher in the initial meetings. Class presentations will be organized as follows: groups will be formed by 3-4 persons who are all required to present a part of the speech; groups are required to present their topic making use of slides which will be graded as well; each group will have another group acting as discussant (1-2 members of another group).
Students are expected to actively participate in preparing the selected readings before each class when required.
Students will work in small groups and will be asked to present a specific topic chosen from a list provided by the teacher in the initial meetings. Class presentations will be organized as follows: groups will be formed by 3-4 persons who are all required to present a part of the speech; groups are required to present their topic making use of slides which will be graded as well; each group will have another group acting as discussant (1-2 members of another group).
Students are expected to actively participate in preparing the selected readings before each class when required.
Teaching Resources
Todaro M.P., Smith S.C., 2015. Economic Development, 12th ed., Pearson Education Limited (selected chapters).
Additional selected readings:
Acemoglu D., Robinson, J. 2012. Why Nations Fail: The Origins of Power, Prosperity and Poverty. London: Profile Books.
Banerjee, A.V., Duflo, E. 2007. The Economic Lives of the Poor. The Journal of Economic Perspectives. 21(1):141-167.
Diamond, J. 1997. Guns, Germs, and Steel: The Fates of Human Societies. New York: W. W. Norton.
Landes, D. 1999. The Wealth and Poverty of Nations: Why Some Are So Rich and Some So Poor, New York: W. W. Norton.
Ray, D. 1998. Development Economics. Princeton, NJ: Princeton University Press.
Vaggi, G. 2018. Development: the re-balancing of economic powers. Cham: Palgrave Macmillan.
Sen A., 1999. Development as Freedom, Oxford University Press.
Weil, D. 2013. Economic Growth. 3rd Edition, Boston: Pearson Education.
World Bank, selected years. World Development Report, especially World Bank 2012. Gender Equality and Development.
A more detailed list of required material will be announced at the beginning of the lectures.
Teaching materials (slides and notes) and any other additional material will be posted on dedicated webpage for this course.
Additional selected readings:
Acemoglu D., Robinson, J. 2012. Why Nations Fail: The Origins of Power, Prosperity and Poverty. London: Profile Books.
Banerjee, A.V., Duflo, E. 2007. The Economic Lives of the Poor. The Journal of Economic Perspectives. 21(1):141-167.
Diamond, J. 1997. Guns, Germs, and Steel: The Fates of Human Societies. New York: W. W. Norton.
Landes, D. 1999. The Wealth and Poverty of Nations: Why Some Are So Rich and Some So Poor, New York: W. W. Norton.
Ray, D. 1998. Development Economics. Princeton, NJ: Princeton University Press.
Vaggi, G. 2018. Development: the re-balancing of economic powers. Cham: Palgrave Macmillan.
Sen A., 1999. Development as Freedom, Oxford University Press.
Weil, D. 2013. Economic Growth. 3rd Edition, Boston: Pearson Education.
World Bank, selected years. World Development Report, especially World Bank 2012. Gender Equality and Development.
A more detailed list of required material will be announced at the beginning of the lectures.
Teaching materials (slides and notes) and any other additional material will be posted on dedicated webpage for this course.
Assessment methods and Criteria
Attending students will be assessed as follows: class presentations and interaction - 40% of the final grade; written final exam - 60% of the final grade.
Non-attending students will be assessed on a written final exam.
The exam consists of a single written test covering the entire program.
The exam questions include a series of true/false questions and open-ended questions. Open ended questions are intended to be review questions in the form of short synthetic essays.
The final mark is expressed in 30 points. Each question is worth a variable number of points depending on the question and will be made explicit on the text. The final mark is given by the sum of the points obtained in the answers.
Class presentations are intended to verify critical thinking skills and the ability to communicate complex concepts focusing on a specific topic of the course.
The written exam is aimed at verifying the students' disciplinary knowledge and interpretative and argumentative skills as well as the reasoning skills based on the theoretical tools presented during the course.
Criteria for evaluation for both class presentations and written in-class exam:
a) knowledge of the topic and relevance of the content requested;
b) argumentative capacity and logical consistency in the conduct of the discussion;
c) clarity and completeness, with particular attention to terminological precision.
Non-attending students will be assessed on a written final exam.
The exam consists of a single written test covering the entire program.
The exam questions include a series of true/false questions and open-ended questions. Open ended questions are intended to be review questions in the form of short synthetic essays.
The final mark is expressed in 30 points. Each question is worth a variable number of points depending on the question and will be made explicit on the text. The final mark is given by the sum of the points obtained in the answers.
Class presentations are intended to verify critical thinking skills and the ability to communicate complex concepts focusing on a specific topic of the course.
The written exam is aimed at verifying the students' disciplinary knowledge and interpretative and argumentative skills as well as the reasoning skills based on the theoretical tools presented during the course.
Criteria for evaluation for both class presentations and written in-class exam:
a) knowledge of the topic and relevance of the content requested;
b) argumentative capacity and logical consistency in the conduct of the discussion;
c) clarity and completeness, with particular attention to terminological precision.
SECS-P/01 - ECONOMICS - University credits: 6
Lessons: 40 hours
Professor:
Bozzano Monica
Shifts:
-
Professor:
Bozzano Monica