COURSE SYLLABUS - IFSA Butler

1 COURSE SYLLABUS Development Economics Pune, India COURSE code: ECON390 Suggested US semester credit hours: 3 Delivery method: Face to Face COURSE length: Semester COURSE Description Development economics brings social, political, and historical factors together with economic tools to think through the development process in the context of India. The Indian economy serves as a complex, fascinating example of high technology, expanding trade, vibrant entrepreneurship, and a highly-skilled workforce, co-existing in a sometimes tenuous balance with widespread poverty, social inequality, and critical gaps in health care, education, and infrastructure. How will India reconcile these disparities? How has India negotiated the transition from a mostly socialist economic policy to privatization, deregulation, and liberalization, and how has this affected its vast and diverse population?

2 How do economic factors intersect and influence the social, political, and educational currents shaping India, what challenges does this rapidly transforming economy face, and what are its most promising strategies for success?This COURSE will explore these questions in their global contexts, giving students the analytical and intellectual tools to approach them in a sophisticated and nuanced manner. The lectures will be both informative and analytical, with a lot of scope for discussion. No mathematical pre-requisites are required, and while a basic understanding of both microeconomic and macroeconomic theory would be preferred, it is not mandatory. Learning Objectives In this COURSE , students will be expected to Understand disparities in terms of global prosperity, in terms of both the underlying causes as well as their sustained persistence Achieve working knowledge of the primary theories that underpin modern development economics, and how these have evolved over time Understand primarily India s, but also all developing nation s growth prospects from the perspective of modern growth theory Understand how most of the pressing problems of the 21st century, such as climate change, urbanization, demographic transitions and migration will affect developing nations in particular Acquire proficiency in understanding the impact of a globalized trading system on the development process 2 COURSE Schedule Session 01/24- 04 Sep 17 An Introduction to Development Economics Readings: ParthaDasgupta.

3 Economics, A Very Short Introduction, Introductory Chapter (Up to Page 5 on this link) Session 02/24- 06 Sep 17 Economics, Institutions, and Development Readings: Chapter 1 of the recommended text A Hans Rosling talk at TED (The Best Stats You've Ever Seen | Hans Rosling | TED Talks) (Video will be shown in class as well, with a discussion to follow) Session 03/24- 08 Sep 17 Common Ailments, Common Goals Readings: Chapter 2 of the recommended text An overview of the Sustainable Development Goals, UNDP Session 04 and 05/24 11 and 13 Sep 17 A Global Perspective on Development Readings: Chapters 1,2 and 3 of The End of Poverty: Economic Possibilities For Our Time, by Jeffrey Sachs Chapter 2 of the recommended text Session 06 and 7/24- 15 and 18 Sep 17 Problems of The Rural Economy Readings: Chapter 9 of the recommended text Session 08 and 9/24-20 and 22 Sep 17 Historical Overview of Classic Development Theories Readings: Chapters 3, 4 of the recommended text Field visit to a farm and a school during the first Aum excursion Session 10 and 11/24- 29 Sep and 02 Oct 17 Growth and Equality Readings: Chapter 5 of the recommended text 3 Session 12/24- 04 Oct 17 Measuring and Reducing Poverty Readings: The Foster-Greer-Thorbecke formula Some food for thought with regards to poverty- Session 13/24- 06 Oct 17 Population And Its Challenges: Part 1 Growth Readings: Chapter 6 of the recommended text Session 14/24- 09 Oct 17 Population And Its Challenges: Part 2 The immigration challenge Readings.

4 Chapter 7 of the recommended text A McKinsey report on India s urbanization Field visit to a Harnai beach fish auction during the second Aum excursion Session 15/24- 11 Oct 17 Population And Its Challenges: Part 3 Aging Session 16/24- 13 Oct 17 Human Capital Readings: Chapter 8 of the recommended text Mexico s Opurtunidades Program Session 17/24- 26 Oct 17 Social Safety Units Session 18/24- 27 Oct 17 A Non-Autarkic World and the Development Process Readings: Chapters 12, 13 of the recommended text Session 19/24- 30 Oct 17 The Big Questions in an Open Economy Readings: Chapter 14 of the recommended text Session 20/24- 01 Nov 17 International Capital Flows and Aid Readings: Chapter 15 of the recommended text 4 Session 21/24- 03 Nov 17 Climate Change and Development Readings: Chapter 10 of the recommended text Session 22/24- 06 Nov 17 Stories From Around the World Readings: Room to Read The Acumen Fund andotherplayersfromaroundtheglobe o o o +cgap%2 FUaRp+%28 Prod+-+CGAP+Microfinance+Blog%29 o o Session 23/24- 08 Nov 17 Winding Up Session 24/24 10 Nov 17 to Final Presentations COURSE Textbook Readings will be given in the COURSE reader.

5 Todaro, Micheal P. and Stephen C. Smith. (2009) Economic Development, 8/E. Addison- Wesley, Evaluation Research Assignments, Short Response Essays 30% 2 Assignments Given on 15 Sep 17, 02 Oct 17 2 Assignments Due on 03 Oct 17, 13 Oct 17 Final (exam or paper) 40% Given on 26 Oct 17, Due on 07 Nov Mar 17 Class presentation 10 Nov 17 (02:30 to 04:00 ) 20% Participation 10% 5 Grading Alliance programs utilize the follow standard grading policy well accepted by most US institutions. Excellent A 93-100% Good B+ 87-89% Acceptable C+ 77-79% A- 90-92% B 83-86% C 73-76% B- 80-82% C- 70-72% Unsatisfactory D+ 67-69% D 63-66% D- 60-62% Failing F <60% COURSE Policies exams and Assignments Students are required to take all regularly scheduled exams in courses for which they are registered, and to submit all assignments on time.

6 Any compelling academic, personal, or medical reason that might justify a rescheduled exam or assignment must be brought up to the Resident Director, not program faculty. Failure to take scheduled exams or submit the requisite assignments for a COURSE will adversely affect your grade as per the stated grading criteria for each COURSE . Classroom Conduct Student punctuality is extremely important in China and India. Please do not be late for classes or other activities, as it is considered impolite to do so. It is improper to eat in class, to engage in other activities such as texting, or to slump or nap. Students are expected to be alert and engaged as a sign of respect for their professors. Attendance Everyone benefits by learning from each other; if students are not present, it affects everyone and negatively impacts the program. Attendance is required for all classes and mandatory field visits; attendance will be recorded.

7 Students must notify their instructors and the Resident Director ahead of their absence from class or class-related activities. Class participation is expected and is a contributing factor to students final COURSE grades. Students grades will be reduced one grade increment for more than two unexcused absences. Institute for Study Abroad, Butler University 6201 Corporate Dr., Suite 200 Indianapolis, IN 46278 800-858-0229