ECON 232 : Economics of Global Development
Business and Economics
2020 Semester Two (1205) (15 POINTS)
Course Prescription
Course Overview
The course introduces macroeconomic issues concerning the development of a global economy. This course will have a particular focus on the importance of equal access to education and health, and reduction of gender inequality on economic growth, income inequality, environment and the overall standard of living in an open economy. It will address questions related to economic development. Why do some countries achieve high levels of economic development and others do not? What are the policies governments can implement to change the growth path of their countries? What factors contribute to large economic fluctuations, global imbalance, financial crises and hyperinflation? We will utilize interactive tools of learning which include visual, audio and abstract methods and require in-class activities in small groups which will change periodically. Those activities would be an integral part of peer review and assessment of individual performance in a group. The group formation would be based on randomized controlled trials to minimize bias of different kinds.
Capabilities Developed in this Course
| Capability 1: | Disciplinary Knowledge and Practice |
| Capability 2: | Critical Thinking |
| Capability 3: | Solution Seeking |
| Capability 4: | Communication and Engagement |
| Capability 5: | Independence and Integrity |
| Capability 6: | Social and Environmental Responsibilities |
Learning Outcomes
- Understand the fundamental conceptual foundations of development economics (Capability 1)
- Identify policy challenges facing developing countries and be aware of empirical trends in development- related data. (Capability 2)
- Investigate the relationship between growth and equitable development and their key components. (Capability 3 and 5.2)
- Critically assess the limitations of markets, the role of institutions and culture in determining market allocations and understand how governments can sometimes improve on market allocations (Capability 4.3 and 6)
- Collaborate with fellow students in groups to investigate a critical issue or an important topic covered in lecture and then take a quiz individually on that topic. (Capability 4.3 and 5.2)
- Locate and compile information from multiple sources to produce a coherent and well-reasoned analysis of topics set in tests and assignments. (Capability 4.2 and 5.1)
Assessments
| Assessment Type | Percentage | Classification |
|---|---|---|
| Essay | 20% | Group & Individual Coursework |
| Test | 20% | Individual Test |
| Quizzes | 10% | Group & Individual Coursework |
| Final Exam | 50% | Individual Examination |
| 4 types | 100% |
| Assessment Type | Learning Outcome Addressed | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | 2 | 3 | 4 | 5 | 6 | |||||
| Essay | ||||||||||
| Test | ||||||||||
| Quizzes | ||||||||||
| Final Exam | ||||||||||
Workload Expectations
This course is a standard 15 point course and students are expected to spend 10 hours per week involved in each 15 point course that they are enrolled in. For this course, you can expect every week 2 hours of lectures, 2 hours of tutorials and interactive sessions, 4 hours of reading, and thinking about the content. In addition, you should expect during the semester 12 hours of work on one assignment, which involves writing an essay, 12 hours preparing for a test and 30 hours for exam preparation.
Digital Resources
Course materials are made available in a learning and collaboration tool called Canvas which also includes reading lists and lecture recordings (where available).
Please remember that the recording of any class on a personal device requires the permission of the instructor.
Academic Integrity
The University of Auckland will not tolerate cheating, or assisting others to cheat, and views cheating in coursework as a serious academic offence. The work that a student submits for grading must be the student's own work, reflecting their learning. Where work from other sources is used, it must be properly acknowledged and referenced. This requirement also applies to sources on the internet. A student's assessed work may be reviewed against online source material using computerised detection mechanisms.
Inclusive Learning
All students are asked to discuss any impairment related requirements privately, face to face and/or in written form with the course coordinator, lecturer or tutor.
Student Disability Services also provides support for students with a wide range of impairments, both visible and invisible, to succeed and excel at the University. For more information and contact details, please visit the Student Disability Services’ website at http://disability.auckland.ac.nz
Special Circumstances
If your ability to complete assessed coursework is affected by illness or other personal circumstances outside of your control, contact a member of teaching staff as soon as possible before the assessment is due.
If your personal circumstances significantly affect your performance, or preparation, for an exam or eligible written test, refer to the University’s aegrotat or compassionate consideration page: https://www.auckland.ac.nz/en/students/academic-information/exams-and-final-results/during-exams/aegrotat-and-compassionate-consideration.html.
This should be done as soon as possible and no later than seven days after the affected test or exam date.
Student Feedback
At the end of every semester students will be invited to give feedback on the course and teaching through a tool called SET or Qualtrics. The lecturers and course co-ordinators will consider all feedback and respond with summaries and actions.
Your feedback helps teachers to improve the course and its delivery for future students.
Class Representatives in each class can take feedback to the department and faculty staff-student consultative committees.
Student Charter and Responsibilities
The Student Charter assumes and acknowledges that students are active participants in the learning process and that they have responsibilities to the institution and the international community of scholars. The University expects that students will act at all times in a way that demonstrates respect for the rights of other students and staff so that the learning environment is both safe and productive. For further information visit Student Charter (https://www.auckland.ac.nz/en/students/forms-policies-and-guidelines/student-policies-and-guidelines/student-charter.html).
Disclaimer
Elements of this outline may be subject to change. The latest information about the course will be available for enrolled students in Canvas.
In this course you may be asked to submit your coursework assessments digitally. The University reserves the right to conduct scheduled tests and examinations for this course online or through the use of computers or other electronic devices. Where tests or examinations are conducted online remote invigilation arrangements may be used. The final decision on the completion mode for a test or examination, and remote invigilation arrangements where applicable, will be advised to students at least 10 days prior to the scheduled date of the assessment, or in the case of an examination when the examination timetable is published.