Syllabus

Title
5685 R&P Seminar: Economic Development
Instructors
ao.Univ.Prof. Dr. Gabriele Tondl
Contact details
Type
PI
Weekly hours
2
Language of instruction
Englisch
Registration
02/16/21 to 02/21/21
Registration via LPIS
Notes to the course
Dates
Day Date Time Room
Monday 03/01/21 12:00 PM - 02:00 PM Online-Einheit
Monday 03/08/21 12:00 PM - 02:00 PM Online-Einheit
Monday 03/15/21 12:00 PM - 02:00 PM Online-Einheit
Monday 03/22/21 12:00 PM - 02:00 PM Online-Einheit
Monday 04/12/21 12:00 PM - 02:00 PM Online-Einheit
Monday 04/19/21 12:00 PM - 02:00 PM Online-Einheit
Monday 04/26/21 12:00 PM - 02:00 PM Online-Einheit
Monday 05/03/21 12:00 PM - 02:00 PM Online-Einheit
Monday 05/10/21 12:00 PM - 02:00 PM Online-Einheit
Monday 05/17/21 12:00 PM - 02:00 PM Online-Einheit
Monday 05/31/21 12:00 PM - 02:00 PM Online-Einheit
Monday 06/07/21 12:00 PM - 02:00 PM Online-Einheit
Monday 06/14/21 12:00 PM - 02:00 PM Online-Einheit
Monday 06/21/21 12:00 PM - 02:00 PM Online-Einheit
Contents

In this course, we analyze how Covid 19 has spread in developing countries, affected health and wellbeing of their population and has manifested in a couple of severe economic problems. In particular, we shall examine the slump of economic activity and employment, the decline of foreign trade and likely changes in trade specializations, the resurgence of poverty and inequality, new vagues for emigration and the increasing debt accumulation.

Learning outcomes

Students will learn to link major topics in development economics (development of health services, inequality in society, external dependency, trade patterns migration, debt issues) to the present situation of the Covid pandemic which the developing countries have to face.  Students will get a deeper understanding of these core topics  for developing countries and learn to link them to a practical situation. Students will be better able to use information from the academic literature, international development organizations and NGOs to address such issues.  

Attendance requirements

Students are requested to attend the course regularly. You can miss the course twice (no need to apologize). Further absence only in case of serious, documented reasons.

Teaching/learning method(s)

During the first 5 units, there will be a short introduction to some key concepts, which are a starting point for the topic, by the teacher. Consequently, students have to prepare for the weakly course from a reading list and each weak a student or a team of two students will present a seminar paper on the current topic. All other students will hand in written comments on the paper. For the last course, all students have to prepare a short essay with own proposals for Covid 19 strategies for developing countries.   

Assessment

Presentation and paper on a specific topic (45%)

Comments on other student´s papers (40%)

Short writing on recommendations for Covid strategies of developing countries (15%)

 

 

Readings
1 Author: Todaro/Smith
Title:

Economic Development


Publisher: Prentice Hall
Edition: 12
Year: 2015
Content relevant for class examination: Yes
Content relevant for diploma examination: No
Recommendation: Reference literature
Type: Book
2 Author: Feenstra/Taalor
Title:

International Economics


Publisher: Worth Publishers, Macmillan Education
Edition: 4
Year: 2017
Content relevant for class examination: Yes
Content relevant for diploma examination: No
Recommendation: Reference literature
Type: Book
Recommended previous knowledge and skills

Students should ideally have passed a course on international trade before. The course is complementary to the "Specialization: Economic Development" of Valentin Seidler winter term 2020/21 and Joachim Becker summer term 21.

Availability of lecturer(s)

by mail at gabriele.tondl@wu.ac.at or after each course

Unit details
Unit Date Contents
1 March 1

Introduction

Start TEACHERS PART (until April 12 inclusive)

Characteristics of developing countries

2 March 8

Trade and development:

Trade models for DC: Ricardo and Heckscher Ohlin Model (Feenstra/Taylor chapter 2and  4)

3 March 15

Trade patterns DC and trade policy strategies (Todaro Smith, chapter 12)

4 March 22

Migration (Feenstra/Taylor ch. 5)

Distribution of seminar paper topics

5 April 12

Debt problems and balance of payments problems of developing countries Todaro/Smith ch. 13)

6 April 19

PART II: Student presentations and common discussion

1. General view: Economic and social development of DC during Covid   (Steinmaßl /Wawra)
 

7 April 26

2. Covid and other major diseases challenging the health care situation in DC (Anzengruber / Jost)

   

8 May 3

3. External trade as a source of economic contraction in DC during Covid (Sadovska / Sattler)

9 May 10

4. Emergence of new trade patterns in the course of Covid? (Achar / Gestefeld)

10 May 17

5. Human consequences of Covid in DC: Food Supply, prices  and poverty (Belsch / Kitzmüller)

11 May 24

no course

12 May 31

6. Social consequences of Covid in DC: inequality in DC (Koura /Levina)

13 June 7

7. Covid, migration from DC and policy advice  (Giampieri / Ruggiero)

14 June 14

Policy recommendations for DC during Covid and general discussion

Last edited: 2021-04-08



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