Economics 311

ECON 311
Economic Development

1. Catalog Entry

ECON 311
Economic Development

Credit hours (3)
Prerequisites: ECON 205 and ECON 206

Study of issues, theories and policy alternatives in economic growth and development of less developed countries, poverty and income distribution, demographic factors, major theories of growth, resource limitations, development policies and agencies.  General Education credit – Social and Behavioral Sciences.

2. Detailed Description of Course

Topic Outline
    1) Toward a Definition of Growth and Development
    2) Who Are the Poor and Where Do They Live?
    3) Profile of a Developing Country and Common Development Issues
    4) Development Policies, Programs, and Agencies

3. Detailed Description of Conduct of Course

The following teaching strategies will be employed:

Students are taught from a text and are expected to keep up with assigned readings which are usually scientific articles from recent issues of development oriented journals.  When available, students are allowed to form some first-hand impressions by viewing documentary videos regarding the development process in a LDC country.

4. Goals and Objectives of the Course

This course has three objectives.  Students will be able to:

    1) Discuss the “economic development” process.
    2) Examine central issues affecting the development of third world countries.
    3) Evaluate the efficiency and ability of public policy to stimulate development in developing

5. Assessment Measures

Students are evaluated on the basis of performance on class examinations and a term paper.  Commitment to the class in terms of attendance and participation will be noted.

6. Other Course Information

A concise and well researched term paper is part of the course requirement.  The typed paper, about 6-8 pages in length, is to be submitted on the last day of class.

The term paper should have an abstract and other sections providing background information, problem identification, methodology, and data sources utilized, results, discussion, solution, and conclusion.  The term paper is evaluated on style of presentation, analytical rigor, soundness of methodology, validity of conclusion, clarity, and language.

The term paper is expected to focus on some problem of the third world and relate to the economic development process of a particular country of region.  A rough draft should be provided to the instructor approximately one month before the end of the semester.  Students are encouraged to avail themselves of the instructor’s guidance in preparing the paper.   

Review and Approval

September 2, 2014
December 2013 C. Vehorn
April 16, 2012
April 13, 2009
December 2004 N. Hashemzadeh