INAF-252 Introduction to Economic and Political Development
Fall for 2016-2017

This course is an interdisciplinary introduction to economics and politics of poverty and development. It aims to provide students with insights into and explanations for the persistent disparities in standards of living and quality of life across the world. The course starts with the basics: the meaning and measurement of poverty and development, the relationship between markets, economic growth and development, and the overall growth and development experience of countries and regions in the world. The course then turns to a closer look at the drivers of development. Topics include: (i) classic and contemporary theories of economic growth and development; (ii) expanding trade, market failures and the role of the state in correcting these failures; (iii) the broader role of states and institutions in the development process; (iv) the role of human capital, social capital, poverty and inequality and the linkages between them and development; and (v ) case studies on ’success’ cases (or not) such as Korea, Singapore, Brazil and India. The course ends with an overview of the current state and frontiers of the political economy of poverty and development.
Credits: 3
Prerequisites: None
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