Management and Technology Department

COURSE OUTLINE-Winter 2017

Economic Development

Professor/Lecturer/ Instructor: Dr. Noha Farrag

Instructor Office Hours: By appointment

n.farrag646@gmail.com

Course Schedule: Saturday 4th and 5th slots in H18

Course Type: Requirement

Prerequisites: Introduction to Economics and Macroeconomics

I. Course Description

The course is a requirement for all management undergraduate

students. The course is divided into two parts: The first part
familiarizes students with development from a global perspective in
which students will be introduced to the basic notions, concepts and
theories of development and growth. The second part is dedicated
to study the most important contemporary economic problems
facing developing countries like unemployment, poverty, the
population problem, education, income inequality, and
environmental problems.

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 II. Course Instructional Goals & Objectives

Learning Objectives:

By the end of the course, the student should be able to:

1. Identify the basic concepts, definitions and indicators of

economic development.
2. Identify the similarities and differences between developing
countries.
3. Analyze whether the past economic growth practices of
developed countries can now be replicated by developing
countries.
4. Distinguish between the various theories of development
and growth.
5. Analyze the problems of development: Income inequality,
Poverty, Population Problem, and Role of Micro-finance in
development.
6. Develop a real-world understanding of economic
development through analyzing several country case-
studies.
7. Present reports they prepared on the economic
development of Egypt.

III. Course Content

Part One: Principles, Concepts and Theories/ Some Critical

Issues in Economic Development

1- Nature of Economic Development (case study: Brazil)

2- Characteristics of Developing Countries (African Horn: Somalia/

case study: Pakistan and Bangladesh)

3- Classic Theories of Development: Development as Growth and

Structural Changes Model.

4- Classic Theories of Development Continued: International-

Dependence Revolution and Neoclassical Counterrevolution. (case
study: South Korea and Argentina)

5- Visiting Contemporary Models of Development and

Underdevelopment.

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6- Developmental Projects in Egypt: Past, Present and Future (ex.
Toushka, New Suez Canal and The Baz Development Paths).[New
Theme this year]

Part Two: Problems and Policies

7- Poverty

8- Inequality (case study: China)/

9- Finance for Development: Microfinance Institutions (case study:

Grameen Bank of Bangladesh). [New Theme this year: Role of
NGOs in Econ Development: 3lashanek Ya Balady, Wa mn Al Maa
7yaa].

10- Population Growth: Causes and Consequences

11- Population Growth Continued: Controversies and Policies (case

study: China and India)

12-Visiting Human Capital: Education and Health in Economic

Development)

13- Using Ideas and Creating Ideas: Using economic development

experiences in different countries generate an idea that best serves
the development of Egypt (or Introduce Movie: Mary and Martha).

IV. Course Material

Text(s): Todaro, M. and S. Smith, 2011, Economic Development,

Eleventh Edition, Pearson Education Limited.

Other references: Several Case Studies from Development Reports

to be provided to (collected by) students.

V. Methods of Instruction

Methods of instruction will include lecturing, discussion of the

material at hand, In-class practice, Assignments and Presentations
with continuous feedback and evaluation. [New Theme this year]

VI. Course Assessment (Assessment System)

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Methods of assessment include:

Research Project (2 compulsory projects/ Group & Individual evaluation) 15%

Quiz (best 1 of 2) 5%

Participation (case discussion/individual evaluation) 10%

Mid-term Exam 30%

Final Exam 40%

VII. Course Implementation Plan

Lecture/Tut. Topic Readings

1 Basis of Economic Ch.1

Development

2 Characteristics of Developing Ch.2

Countries

3 Cont. Characteristics of Ch.2

Developing Countries

4 Classic Theories of Ch.3

Development: Development as
Growth and Structural
Changes Model.

5 Cont. Classic Theories of Ch. 3

Development Continued:
International-Dependence
Revolution and Neoclassical
Counterrevolution.
6 Cont. Classic Theories of Ch. 3
Development Continued:
International-Dependence
Revolution and Neoclassical
Counterrevolution. [New Theme
this year]
6 Visiting Contemporary Models Ch. 4
of Development and
Underdevelopment/Revision.
Mid-term Exam

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7 Poverty. Ch. 5
8 Inequality/Developmental Ch. 5
Projects in Egypt [New Theme
this year]
9 Finance for Development: Ch. 5 and Ch.15,
Microfinance Institutions. [New p.761-764
Theme this year]
10 Population Growth: Causes
and Consequences. [New Theme
this year]
11 Population Growth Continued: Ch. 8
Controversies and Policies.
12 Visiting Human Capital

Revision /Using Ideas and

Creating Ideas: Using
economic development
experiences in different
countries generate an idea
that best serves the
development of Egypt.

Final Exam