ECC5690 Economic development
Faculty of Business and Economics
ECC5690 Economic development is a level 5, 6-credit-point, postgraduate unit from the Faculty of Business and Economics, offered in 2020 in Semester 2 at Clayton. It needs ECF5927 or ECC5900.
- Credit points
- 6
- Offered in 2020
- Semester 2
- Clayton
- Assessment
- Exam 60%
- and 1 other task
- Workload
- 144 hours
- per semester
This is the 2020 handbook entry. See the 2023 entry.
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Requisites
Before ECC5690
Prerequisites
Pass these before you enrol.
Prohibitions
You can't enrol if you have passed any of these.
After ECC5690
No unit lists ECC5690 as a prerequisite in the 2020 handbook.
Equivalent units
The same content under another code. Only one of them counts.
Overview
This unit examines the notion and implications of market failure in developing countries and discusses possible solutions to addressing such market failure. Specifically, it explores, how in developing countries, innovative and informal institutions fill the void caused by the absence of markets, widespread externalities and the inability of the legal system to enforce contracts. Using a mix of empirical and theoretical approaches this unit examines some of the critical problems faced by developing countries and possible ways of addressing these problems.
Offerings in 2020
| Teaching period | Campus | Mode |
|---|---|---|
| Second semester | Clayton | On campus |
Assessment
- Within semester assessment40%
- Examination60%
Learning outcomes
When you finish this unit, you should be able to:
- 1
understanding the economic, social and behavioural implications of poverty and underdevelopment
- 2
understand the notion and implications of market failure in developing countries and examine possible solutions to addressing such market failure
- 3
understand the implications of gender discrimination and the policy responses to address such biases in developing countries
- 4
understand the political economy of developing countries, including efficient ways of targeting disadvantaged groups in the society.
Workload and teaching
- Lectures-
Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.
Contacts
- Chief Examiners
- Professor Pushkar Maitra
Common questions
When is ECC5690 offered?
In 2020, ECC5690 runs in Semester 2 at Clayton.
How much work is ECC5690?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does ECC5690 have an exam?
Yes. The exam is worth 60% of the final mark, alongside 1 other task.