ECON667 DEVELOPMENT ECONOMICS
| Course Code: | 3110667 |
| METU Credit (Theoretical-Laboratory hours/week): | 3 (3.00 - 0.00) |
| ECTS Credit: | 8.0 |
| Department: | Economics |
| Language of Instruction: | English |
| Level of Study: | Graduate |
| Course Coordinator: | Assoc.Prof.Dr. MÜNİS SEVEN AĞIR YAĞCI |
| Offered Semester: | Fall or Spring Semesters. |
Course Objectives
This course explores the complex and multifaceted relationship between agriculture and economic development. The readings will introduce the ‘big issues’ in agriculture, food systems and rural development and how economics can serve in the analysis and evaluation of tradeoffs between various economic, social and environmental goals that are targeted under ‘sustainable development’ such as food security, biodiversity, rural development and equity. At the end of the course, students are expected 1) to develop an understanding of the historic and contemporary issues that shaped the debate on the relationship between agricultural policy and economic development 2) to become familiar with various methodologies to evaluate tradeoffs in achieving goals associated with ‘development’ and ‘sustainable agriculture’ 3) to formulate research questions and explore various methodologies dealing with a specific issue in the field.
Course Content
The concept of development; historical aspects of economic development; the extent of development gap among countries, measurement of development. Major theories of development; structuralist and neoclassical approaches; dependence theories. Main policy issues; income distribution and poverty, population growth, employment, migration, trade and industrialization, agriculture, stabilization policies, external debt.
Course Learning Outcomes
Program Outcomes Matrix
| Level of Contribution | |||||
| # | Program Outcomes | 0 | 1 | 2 | 3 |
| 1 | Advanced level of knowledge on the theory of economics and economic indicators, competency in modelling, analysis and application of economic theories using advanced mathematical and econometric techniques; | ✔ | |||
| 2 | Competency in asking the right research questions; | ✔ | |||
| 3 | Develop an innovative knowledge, method, design and/or practice or adapt an already known knowledge, method, design and/or practice to another field; research, conceive, design, adapt and implement an original subject; | ✔ | |||
| 4 | Conceive the interdisciplinary interaction which the field is related with; efficient use of time; demonstrate leadership in contexts requiring innovative and interdisciplinary problem solving; | ✔ | |||
| 5 | Ability in thouroughly explaining the impact of economic policies on individuals, markets and countries with the help of the theoretical background achieved during program of study; | ✔ | |||
| 6 | Contribute to the progression in the field by producing an innovative idea, skill, and/or practice or by adapting an already known idea, skill, and/or practice to a different field independently; | ✔ | |||
| 7 | Contribute to the transition of the community to an information society and its sustainability process by introducing scientific, technological, social or cultural improvements; | ✔ | |||
| 8 | Ability and competence to work and conduct research with national and international research groups and partnerships; | ✔ | |||
| 9 | Defend original views when exchanging ideas in the field with professionals and communicate effectively by showing competence in the field. | ✔ | |||
0: No Contribution 1: Little Contribution 2: Partial Contribution 3: Full Contribution