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Applied International Development Economics


Course Description

Most of the world's population is poor, lives in developing countries, and depends on agriculture and/or natural resources for its livelihood. In this course, students will apply economic theory and techniques to better understand global poverty, constraints to exiting poverty, and policies and programs intended to accelerate economic development.


Athena Title

Applied Intl Develop Econ


Pre or Corequisite

AAEC 3580-3580L or AAEC 3580E or ECON 4010


Semester Course Offered

Offered fall


Grading System

A - F (Traditional)


Student Learning Outcomes

  • By the end of this course, students will have a basic understanding of global poverty and inequality.
  • By the end of this course, students will know the tools used to measure income, inequality, human development, and economic growth.
  • By the end of this course, students will know demographic and economic transitions and their impacts on global food security and nutrition.
  • By the end of this course, students will know market failures and their implications for trade at the local and global levels.
  • By the end of this course, students will know financial market failures (credit and savings).
  • By the end of this course, students will understand different types of foreign aid and development programs and how they can and cannot be evaluated.
  • By the end of this course, students will understand natural resource use in developing countries and its impact on economic development.

Topical Outline

  • What is economic development and why should we care?
  • Income and growth
  • Poverty and inequality
  • Human development
  • Fertility, population, and food security
  • Agriculture and transformation out of agriculture
  • Missing markets
  • Credit and savings
  • Risk and insurance
  • Program evaluation
  • Foreign aid
  • Politics and corruption
  • Natural resources and the environment

Syllabus