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as of 7/3/2020

ECONOMIC DEVELOPEMENT AND GROWTH
Country - Partner Institution - Programs: Hong Kong - Hong Kong University of Science and Technology (HKUST) - 'Hong Kong University of Science and Technology (HKUST)'
UC Course SubjectEconomics
Number & Suffix: 143
Full UC Title: ECONOMIC DEVELOPEMENT AND GROWTH 
Transcript Title: ECON DEVEL & GROWTH 
UC QTR Units - Division: 6.0 - Upper Division 
Course Description: This course introduces the evolving field of development economics. It could be argued that economic growth and development are the most important topics that economists study. Governments all over the world worry about their countries' economic growth, and most individuals are concerned about their economic and social wellbeing. This course examines how economies grow, what it means for an economy to be developed, and what barriers individuals and countries face in achieving development. Acknowledging the role of income in determining human wellbeing, the course studies models of economic growth, market frictions that undermine growth, as well as problems in the areas of health, education and public accountability. Topics include: the features of underdevelopment; the links between income, non-income factors and human wellbeing; basic measures of underdevelopment, poverty and inequality, and critique their usefulness; market imperfections and how they may impede growth; theoretical analyses of agrarian land, credit and insurance markets; correlation and causality, and the contribution of randomized experiments. Text: Ray, Debraj, DEVELOPMENT ECONOMICS (1998). Assessment: participation (5%), homework (10%), midterm exam (25%), group project (30%), final exam (30%). 
Language of Instruction: English
 
Partner Title: ECONOMIC DEVELOPMENT AND GROWTH 
Partner University Department: Economics 
Partner University Course Number: ECON4434