EC 340. Economics of Growth and Development.
EC340 Economic Growth and Development
SOUTHEAST MISSOURI STATE UNIVERSITY
Department of Economics and Finance
COURSE SYLLABUS, EC340, Economics of Growth and Development
Revised in October 1989
I. Catalog Description and Credit Hours of Course
Characteristics and problems of less developed countries. Criteria of growth and development with emphasis on strategies for development. Obstacles to economic growth and policies for promoting growth. (3)
II. Prerequisite(s)
MA134 College Algebra
EC215 Principles of Microeconomics
EC225 Principles of Macroeconomics
III. Purposes or Objectives of the Course
To familiarize the student with the problems of underdeveloped economies related to the world economies
IV. Expectations of Students
A. Regular class attendance
B. Familiarity with assigned readings
C. Participation in class discussion
V. Course Outline
A. Methodological Approaches to Development
B. Theories of Economic Growth
C. The Role of Capital, Labor, Technological Progress, and Organization in the Development Process
D. Structural Change
E. Theories of Economic Development
F. Economic Policy and Market Systems
G.Choosing Sectoral Priorities
H. Monetary and Fiscal Policies
I. Some Problems of Less Developed Countries
1. Rapid population growth
2. Urbanization and urban economic development
J. Development Economics and International Trade 6
1. Import substitution and export promotion
2. International transfers
3. International collective action
K. Employment and Income Distribution 2
L. Planning and Development 3
VI. Textbook(s) and/or Other Required Material or Equipment
The Economics of Development, Gills, Perkins, Roemer and Snodgreass, Norton, 1992
VII. Basis of Student Evaluation
Performance on tests, quizzes, assignments, reports, or other activities required for the course.