1- Principles and concepts of development
i- Meaning, definitions and traditional economic measures
ii- Core values of development
iii- sustainable development goals
2- Diverse structure and common characteristics of development nation
i- Holistic measures of living level and capabilities
ii- The new human development index
iii- The structural diversity and common characteristics
3- Classical theory of development
4- Rostow stages of growth
5- Harrow Domar model, Lewis model, Endogenous growth theory
This is an intermediate undergraduate course in development economics.
The course covers the topics related to the meaning and measurement of economic development, growth theories and gives the understanding to analyze the concept at country level especially in the context of a developing country, like Pakistan.
Course Learning Outcomes
1- Demonstrate familiarity with some central themes and issues of economic development.
2- Demonstrate the understanding of the difference between growth and development, major growth theories
3- Analyse empirical evidence on the patterns of economic development.
4- Read critically the journal literature in the area of economic development.
Economic Growth and Development
Book Title : Development Economics
Author : Todaro & Smith (2014)
Edition : 11th or 12th Edition
Publisher : Pearson
Book Title : An Introduction to Modern Theories of Economic Growth
Author : Jones H. G.
Edition : Latest Edition
Publisher : McGraw Hills