Special Topics in Economics (Spring 2016)
Economic Development

You can see this document at http://www.kimoon.co.kr/ged/ged-161/ged-161-s.html.

  • How to find the site for this course:
    Homepage of Kimoon Cheong (http://www.kimoon.co.kr) => LECTURE HALL => Spring 2016 => Special Topics in Economics


  • The goal of the course is to introduce the main issues of development economics. What affects economic growth, inequality, and poverty? 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?
  • In this course we will take a policy-oriented approach, presenting economic theory in the context of critical policy debates and country-specific case studies, to see how theory relates to the problems and prospects of developing countries.
  • Pre-requsites: undergraduate levels of intermediate microeconommics and macroeconomics.




  • Class Participation/Homeworks: 50%
  • Term Paper: 50%

Weekly Schedule

  1. Orientation
  2. Introduction
    (Video) Secrets behind Korea's Economic Success
    (Video) China Rises
    (Video) How Asia Works
    (Video) The Economics of Happiness
  3. Ch 01. Economics, Institutions, and Development: A Global Perspective
  4. Ch 02. Comparative Economic Development
  5. Ch 03. Classic Theories of Economic Growth and Development
  6. Ch 04. Contemporary Models of Development and Underdevelopment
  7. Term Paper proposal presentation
  8. Ch 05. Poverty, Inequality, and Development
  9. Ch 06. Population Growth and Economic Development
  10. Ch 07. Urbanization and Rural-Urban Migration: Theory and Policy
  11. Ch 08. Human Capital: Education and Health in Economic Development
  12. Ch 09. Agricultural Transformation and Rural Development
  13. Ch 10. The Environment and Development
  14. Ch 11. Development Policymaking and the Roles of Market, State, and Civil Society
  15. Ch 12. International Trade Theory and Development Strategy

Reading Materials