SDG Detail

ECON 232 : Economics of Global Development

Undergraduate course

Project description

The course introduces macroeconomic issues concerning the development of a global economy. This course will have a particular focus on the importance of equal access to education and health, and reduction of gender inequality on economic growth, income inequality, environment and the overall standard of living in an open economy. It will address questions related to economic development. Why do some countries achieve high levels of economic development and others do not? What are the policies governments can implement to change the growth path of their countries? What factors contribute to large economic fluctuations, global imbalance, financial crises and hyperinflation? We will utilize interactive tools of learning which include visual, audio and abstract methods and require in-class activities in small groups which will change periodically. Those activities would be an integral part of peer review and assessment of individual performance in a group. The group formation would be based on randomized controlled trials to minimize bias of different kinds.

Year 2020

Location New Zealand

Organization University of Auckland

Project aims

Project outcome

By the end of this course, students will be able to: Understand the fundamental conceptual foundations of development economics (Capability 1) Identify policy challenges facing developing countries and be aware of empirical trends in development- related data. (Capability 2) Investigate the relationship between growth and equitable development and their key components. (Capability 3 and 5.2) Critically assess the limitations of markets, the role of institutions and culture in determining market allocations and understand how governments can sometimes improve on market allocations (Capability 4.3 and 6) Collaborate with fellow students in groups to investigate a critical issue or an important topic covered in lecture and then take a quiz individually on that topic. (Capability 4.3 and 5.2) Locate and compile information from multiple sources to produce a coherent and well-reasoned analysis of topics set in tests and assignments. (Capability 4.2 and 5.1)