ECON 322

Course Code & Number

ECON 322

Course Title

Development Economics

Level

BS

Credit Hours/ ECTS Credits

(3+0+0) 3 TEDU Credits, 6 ECTS Credits

Year of Study:

Junior

Semester:

Spring

Type of Course:

Elective

Mode of Delivery:

Face-to-face

Language of Instruction:

English

Pre-requisite / Co-requisite:

Catalog Description

Discussion of fiscal discipline. Monetary policy regimes. Currency and banking crises. Monetary unions. Management of capital flows. The choice of an exchange-rate regime. Public capital and growth. Inequality and poverty. Microcredits. Foreign aid and income distribution.

Course Objectives

The aim of this course is to introduce students the field of development economics. Students would understand fiscal discipline, monetary policy regimes, and exchange rate regimes as well as microcredits and income distribution.

Course Learning Outcomes

Upon succesful completion of this course, a student will be able to
1. Discuss exchange rate management and monetary policy management. 
2. Analyze stabilization programs and their impacts on the economy. 
3. Review poverty and income distribution. 
4. Discuss some simple economic models related to economic development and economic growth. 
5. Place economic development theories in the social and political context. 
6. Analyze the impacts of foreign aid and microcredits on the economy and development. 
7. Explain capital mobility and its effects on financial markets.