DEVELOPMENT ECONOMICS II


Course Description

This is the second module of the economic development sequence. It begins with basic demographic concepts and their evolution during the process of development. The structure of markets and contracts is linked to the particular problems of enforcement experienced in poor countries. The governance of communities and organizations is studied and this is then linked to questions of sustainable growth. The course ends with reflections on the role of globalization and increased international dependence on the process of development.

Course Outline

1. Demography and Development
Demographic concepts; birth and death rates, age structure, fertility and mortality; demographic transitions during the process of development; gender bias in preferences and outcomes and evidence on unequal treatment within households; connections between income, mortality, fertility choices and human capital accumulation; migration.

2. Land, Labor and Credit Markets
The distribution of land ownership; land reform and its effects on productivity;
contractual relationships between tenants and landlords; land acquisition; nutrition and labor productivity; informational problems and credit contracts; microfinance; inter- linkages between rural factor markets.

3. Individuals, Communities and Collective Outcomes
Individual behavior in social environments, multiple social equilibria; governance in
organizations and in communities; individual responses to organizational inefficiency.

4. Environment and Sustainable Development
Defining sustainability for renewable resources; a brief history of environmental change;
common-pool resources; environmental externalities and state regulation of the environment; economic activity and climate change.

5. Globalization
Globalization in historical perspective; the economics and politics of multilateral
agreements; trade, production patterns and world inequality; financial instability in a globalized world.



THIS SECTION COMPRISES THE LAST 10 YEAR PAPERS OF DEVELOPMENT ECONOMICS.



THIS SECTION COMPRISES STUDY MATERIAL OF DEVELOPMENT ECONOMICS.






Readings

1. Debraj Ray, Development Economics, Oxford University Press, 2009.

2. Partha Dasgupta, Economics, A Very Short Introduction, Oxford University Press,
2007.

3. Abhijit Banerjee, Roland Benabou and Dilip Mookerjee, Understanding Poverty,
Oxford University Press, 2006.

4. Thomas Schelling, Micromotives and Macrobehavior, W. W. Norton, 1978.

5. Albert O. Hirschman, Exit, Voice and Loyalty: Responses to Decline in Firms, Organizations and States, Harvard University Press, 1970.

6. Raghuram Rajan, Fault Lines: How Hidden Fractures Still Threaten the World
Economy, 2010.

7. Elinor Ostrom, Governing the Commons: The Evolution of Institutions for Collective
Action, Cambridge University Press, 1990.

8. Dani Rodrik, The Globalization Paradox: Why Global Markets, States and
Democracy Can’t Coexist, Oxford University Press, 2011.

9. Michael D. Bordo, Alan M. Taylor and Jeffrey G. Williamson (ed.), Globalization in
Historical Perspective, University of Chicago Press, 2003.


Comments

  1. anonymous6 June 2020 at 20:19

    thank you so much, it is going to help a lot of students. ; )

    ReplyDelete
  2. smartniks086 August 2020 at 06:55

    sir if it is possible for u then can u plz also upload the reading of Intermediate Microeconomics -II along with the Workbook, it will help us a lot

    ReplyDelete
    Replies
    1. Indresh10 August 2020 at 08:38

      sure, i will provide it as soon as possible

      Delete
  3. Unknown12 February 2022 at 22:11

    Sir please upload open economy macroeconomics notes

    ReplyDelete

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