course-details-portlet

SØK1022

Development economics

Choose study year

New from the academic year 2024/2025

Credits 7.5
Level Foundation courses, level I
Course start Autumn 2024
Duration 1 semester
Language of instruction Norwegian
Location Trondheim
Examination arrangement School exam

About

About the course

Course content

The course gives an introduction to the causes of economic underdevelopment and the conditions for economic development. The main features of economic underdevelopment are illustrated with empirical material, and the course further considers topics like income distribution, measurement of poverty, population growth, rural-urban migration, foreign aid, international trade, credit markets, institutions and conflict.

Learning outcome

Knowledge

You learn

  • how to measure standards of living, extent of poverty and degree of inequality
  • about growth accounting and empirical analyses of economic growth
  • about essential issues related to economic development in poor countries, like the interaction between the traditional and the modern sector, aid efficiency, demographics and population growth, and the functioning of credit markets
  • about main economic theories for international trade and trade policy
  • about the importance of institutions, corruption and conflict for economic development

Skills

You should be able to

  • compare and evaluate different measures of living standards, poverty and inequality
  • apply economic models to analyze development issues and assess how economic policies can affect economic development

General competence

You should be able to

  • follow economic reasoning related to the course in the public debate and professional reports

Learning methods and activities

2 hours of lectures every week and 2 hours of practical assignment every other week. The course has compulsory activity. Specific requirements will be announced at the beginning of the term.

Compulsory assignments

  • Mandatory activity

Further on evaluation

Compulsory activity must be completed in the semester the course is taught. The approval also applies to later semesters.

Required previous knowledge

None

Course materials

Announced at the beginning of the term

Credit reductions

Course code Reduction From
SØK2007 3.7 sp Autumn 2024
This course has academic overlap with the course in the table above. If you take overlapping courses, you will receive a credit reduction in the course where you have the lowest grade. If the grades are the same, the reduction will be applied to the course completed most recently.

Subject areas

  • Economics
  • Social Sciences

Contact information

Course coordinator

Department with academic responsibility

Department of Economics