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Development Perspectives Course Outline

The Development Perspectives module (DPS-226) in the BCOM in Business Administration program aims to equip students with theoretical and analytical skills to understand and evaluate development issues in low-income countries. It covers topics such as economic development theories, measurement of development, globalization, and sustainable development, with a focus on practical applications and policy debates. Assessment consists of 40% module work and 60% final examination, with prerequisites in Microeconomics and Macroeconomics.

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Lameck Edward
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9 views3 pages

Development Perspectives Course Outline

The Development Perspectives module (DPS-226) in the BCOM in Business Administration program aims to equip students with theoretical and analytical skills to understand and evaluate development issues in low-income countries. It covers topics such as economic development theories, measurement of development, globalization, and sustainable development, with a focus on practical applications and policy debates. Assessment consists of 40% module work and 60% final examination, with prerequisites in Microeconomics and Macroeconomics.

Uploaded by

Lameck Edward
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

Development Perspectives

1) Programme : BCOM in Business Administration


2) Department : Foundation Studies
3) Module Title : Development Perspectives
4) Module Code : DPS-226
5) Module Duration : Semester
6) Lecture Hours per week :3
7) Tutorial hours per week :1
8) Module credits :10
9) Method of Assessment : Module work 40%
: Final Examination 60%
10) Prerequisites : Microeconomics and Macroeconomics
11) Co-requisites : None

12) Aim of the Module

To provide students with theoretical explanations and analytical skills on various


development issues affecting low-income countries. It will also enable students to evaluate
empirical evidence on major development issues and constructively contribute to policy
debates, both domestically and globally.
13) Intended learning outcomes
Upon completion of this module, students should be able to:
a) Discuss theories of economic development applicable to developing countries;
b) Analyse the economic problems of developing countries (slow growth, stagnation, high
poverty rates, high income inequality and chronic external crises;
c) Analyse possible strategies for accelerating growth, attaining sustainable development,
reducing poverty and income inequality.
14) Topics of study
a) Introduction
 What is development?
 Terminology : Rich and poor countries
 Three Core Values of Development
 The Three Objectives of Development

b) History of developing countries


 Colonialism and independence
 Political obstacles to development
 International obstacles to development
 Major problems in developing countries.

c) Measurement of development;
 Traditional Economic Measures
 The New Economic View of Development
 Amartya Sen’s “Capability” Approach
 Development and Happiness
 Human development index(HDI)

d) Institutions of developing economies


 Definitions of institution
 Types of institutions
 Characteristics of developing countries institutions
 Extractive and inclusive institutions

e) Theories of development
 Import substitution industrialization
 Rostow’s Stages of Growth
 The Harrod-Domar Growth Model
 The Lewis Theory of Economic Development
 Structural Change and Patterns of Development
 Dependency theory
 The Neoclassical Counterrevolution
 Traditional Neoclassical Growth Theory
 Solow growth model

f) Globalization
 Definitions of globalization
 New international division of labor
 World Trade Organization
 Regional integration

g) Sustainable development
 What is sustainable development
 Sustainable development goals

15) Learning and teaching methods

Lectures, tutorials, individual and group presentations, assignments, and exercises

16) Prescribed text

Hartley,J.,Wen,W,.&Li,S,.(2015). Creative economics and culture. London: Sage

Lim, C. T. (2014). International political economy – An introduction to approaches, regimes,

and issues. New Zealand: Saylor foundation

Todaro, M. & Smith, S. (2012). Economic Development. (11 th ed.). New York: Pearson.

17) Recommended texts


GoM (2005). Malawi Growth and Development Strategy. Lilongwe
Ray, D. (2010).Development Economics, Oxford. Oxford: Oxford University Press.

United Nations Development Programme (2015): Sustainable Development Goals

Stiglitz, J. (2015). Globalization and its discontents. New York, NY: W.W. Norton & Co

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