Development economics

Development economics has undergone major changes in the last couple of decades.

This is partly because of greater global awareness of and interest in the problems of developing countries and partly because mainstream economics has matured over this period, creating new ways of relating economic theory to the real world, such as through the economics of imperfect markets and incomplete information.

In this module you will cover some of these new developments; in particular in the fields of growth, income distribution, poverty, gender relations and north‐south relations.

Likely topics:

• overview of development
• growth and inequality
• rural‐urban dichotomy
• informal credit markets
• gender and development
• trade relations and institutions.