Please note! Course description is confirmed for two academic years, which means that in general, e.g. Learning outcomes, assessment methods and key content stays unchanged. However, via course syllabus, it is possible to specify or change the course execution in each realization of the course, such as how the contact sessions are organized, assessment methods weighted or materials used.

LEARNING OUTCOMES

The course introduces students to central concepts in the study of developing countries and poverty. Students will:

  • Gain an overview of the field of development economics and major topics in policy and research within the field.
  • Practice the understanding and use of the most common statistical methods used in the empirical study of development economics, with a focus on causal inference.
  • Learn about ways to measure and define poverty, and the main explanations highlighted in the field of economics for differences in growth and income levels between rich and poor countries.

Credits: 6

Schedule: 26.10.2020 - 10.12.2020

Teacher in charge (valid 01.08.2020-31.07.2022): Miri Stryjan

Teacher in charge (applies in this implementation): Miri Stryjan

Contact information for the course (valid 05.10.2020-21.12.2112):

The course professor's email is miri.stryjan@aalto.fi
Regular office hours will be held during the course (most likely on zoom).

CEFR level (applies in this implementation):

Language of instruction and studies (valid 01.08.2020-31.07.2022):

Teaching language: English

Languages of study attainment: English

CONTENT, ASSESSMENT AND WORKLOAD

Content
  • Valid 01.08.2020-31.07.2022:

    The course will consist of classroom lectures and exercise sessions. It will cover topics such as:

    • How poverty is defined and measured
    • The livelihoods of the poor:
      • agriculture
      • small businesses
    • Credit and financial services
    • Health
    • Impact evaluation
    • Growth theories
    • Institutions

Assessment Methods and Criteria
  • Valid 01.08.2020-31.07.2022:

    Lectures, exercises, homework assignment, examination

  • Applies in this implementation:

    Grade composition: 

    Exercises and homework assignments 50%

    Final exam 50% 

Workload
  • Valid 01.08.2020-31.07.2022:

    • Lectures 24h
    • Exercises 12h
    • Independent study 121h
    • Exam 3h

DETAILS

Study Material
  • Valid 01.08.2020-31.07.2022:

    A reading list with selected book chapters and articles will be provided around one week before the start of the course.

Prerequisites
  • Valid 01.08.2020-31.07.2022:

    Intermediate courses in microeconomics (ECON-C2100, ECON-C2200) and econometrics (ECON-C4100). Students with the equivalent knowledge can also take the course, after consulting with the teacher in charge.

SDG: Sustainable Development Goals

    8 Decent Work and Economic Growth

FURTHER INFORMATION

Details on the schedule
  • Applies in this implementation:

    For the first two weeks of the course, exercise sessions on Friday will be joint with the parallel course 31E40100 - History of Economic Growth and Crises, and there will be two exercises per Friday. 

    Two exercise sessions will be held on Friday 30.10: 

    • 10.15-12.00 (officially Development Economics 1) AND 
    • 13.15-15.00 (officially 31E40100)

    Two exercise sessions will be held on Friday 6.11: 

    • 10-15-12.00 (officially Development Economics 1) AND 
    • 13.15-15.00 (officially the exercise session of 31E40100)