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EC4419 Economics of Development

SCOTCAT credits:20
Academic year(s):2017/8
SCQF Level 10
Planned timetable:4.00 pm - 6.00 pm Tue.

The module covers some important theoretical and practical aspects of development economics. In low income countries markets often fail, wealth can be distributed very unequally and the quality of governance can be variable. International markets matter for trade and aid while international bodies such as the World Bank play a crucial role. Understanding the causes of underdevelopment can help us understand how to unlock the sustained growth experienced by developed economies. Specific topics can include income inequality, poverty, education, corruption, gender, foreign investment, aid, microfinance and international trade policy. The course will draw on evidence across countries and over time, with an emphasis on developing an analytical understanding of the applied issues.

Place in programme(s) and relationship to other modules


Optional for all Economics degrees, Financial Economics, BA (Int Hons) Economics

UG Anti-requisite(s):EC4519

Learning and teaching methods and delivery

Weekly contact:20 hours of lectures over 11 weeks, 1-hour tutorials (x 5 weeks) plus 1 office hour (x 12 weeks).
Total module hours:
  • Scheduled learning: 25
  • Guided independent study: 175

Assessment pattern

UG As defined by QAA:
  • Written examinations: 75%
  • Practical examinations: 0%
  • Coursework: 25%
UG As used by St Andrews:2-hour Written Examination = 50%, Coursework (including class test 25%) = 50%
UG Re-assessment:2-hour Written Examination = 100%


Module coordinator:Dr M Leighton
Module teaching staff:Dr M Leighton and Dr V Saxena