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Key Concepts in Development Economics

The document outlines key concepts and questions related to Development Economics, including the distinction between economic growth and development, challenges faced by least developed countries (LDCs), and various indices used to measure development. It also discusses the moral importance of studying development economics, the implications of structural change, and the role of agriculture in developing economies. Additionally, it highlights the significance of sustainable development goals (SDGs) and the need for rethinking economic indicators.

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mariamabdirashid937
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4 views2 pages

Key Concepts in Development Economics

The document outlines key concepts and questions related to Development Economics, including the distinction between economic growth and development, challenges faced by least developed countries (LDCs), and various indices used to measure development. It also discusses the moral importance of studying development economics, the implications of structural change, and the role of agriculture in developing economies. Additionally, it highlights the significance of sustainable development goals (SDGs) and the need for rethinking economic indicators.

Uploaded by

mariamabdirashid937
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

1. What are the main learning outcomes of the Development Economics course?

2. What is the difference between economic growth and economic development?

3. What are the main challenges of development facing LDCs?

4. What does the term 'least developed countries (LDCs)' refer to?

5. What indicators are used to classify a country as an LDC?

6. What are the key approaches to studying growth and development?

7. How does development economics differ from mainstream economics?

8. Why is it morally important to study development economics?

9. What questions does development economics try to answer?

10. What is meant by structural change in economic development?

11. How does the UN classify developed, transition, and developing economies?

12. What are economies in transition and which countries fall under this group?

13. What is the definition of a developing country according to the UN?

14. What criteria does the Committee for Development Policy use to classify LDCs?

15. What does the Human Assets Index (HAI) measure?

16. What does the Economic and Environmental Vulnerability Index measure?

17. Which countries have graduated from LDC status?

18. What concessions do LDCs receive under international systems?

19. What is the World Bank income classification, and where does Kenya fall?

20. What are the main indicators of development?

21. What problems arise when using income as a measure of development?

22. What is meant by 'trickle-down' effects in development?

23. What is Amartya Sen’s Capability Approach?

24. What are capabilities and functionings according to Sen?

25. What are the three main dimensions of the Human Development Index (HDI)?

26. How does HDI classify countries into different human development groups?

27. What criticisms exist against the HDI?

28. What additional indices complement the HDI?

29. What are the common characteristics of developing countries?


30. How does population growth affect economic development?

31. What are the major causes of unemployment in developing countries?

32. Why do developing countries depend heavily on agriculture?

33. What structural features are common in developing economies?

34. What role does agriculture play in Kenya's economy?

35. What are the key goals of sustainable development under the SDGs?

36. What objectives does development aim to achieve?

37. What do we mean by economic independence in development?

38. What is meant by rethinking economic indicators?

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