Economic Growth and Development

COURSE OUTLINE: This course engages the student with the much debated theories of growth versus development. The decades following liberalization and globalization have been a period of very high levels of economic inequality. With the focus on issues surrounding inequality, this course will introduce students to the major ideas and theories surrounding the often used and misused concepts of economic growth and economic development. With the help of major concepts used in growth and development economics, a student taking this course will be able to participate in the debate and understand the nuances surrounding the issue of economic development.

Economic Growth and Development [Introduction Video ].
Concepts of Economic Growth and Development.
Structural features of developed and underdeveloped countries.
The Global North and the Global South: Why the Divide? (General Lecture).
Growth versus Development - some indices of economic development.
Modern Economic Growth.
Strategies of economic development and growth –I.
Strategies of economic development and growth –II.
Strategies of economic development and growth –III.
Strategies of economic development and growth –IV.
Strategies of economic development and growth –V.
Strategies of economic development and growth –VI.
Growth and Inequality.
Economic Growth and Public Support.
Measures of Inequality.
Introduction to Human Development-Putting People First.
The Human Development and Capability Approach.
Utilitarianism, Basic Needs Approach and the Capability Approach.
Measuring Human Development - I.
Measuring Human Development - II.
Other Human Development Indices.
Multidimensional Poverty, MDGs and SDGs.
Gender 'mainstreaming' and Gender budgeting.
In Conclusion.