ECONS533-22B (HAM)

Topics in Trade and Development

15 Points

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Division of Management
School of Accounting, Finance and Economics

Staff

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Convenor(s)

Lecturer(s)

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: denise.martin@waikato.ac.nz

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: yilan.chen@waikato.ac.nz

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Paper Description

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Please note: Due to the uncertainty caused by the pandemic, the paper outline is subject to change throughout the trimester. Any changes will be communicated through Moodle. Students should check the Moodle page for latest updates on a daily basis.

This paper covers selected topics in trade and development. It introduces students to current research in the microeconomics of development and explore factors necessary for economic development. The first week of the course reviews major themes in trade, economic development and growth, contrasting them with the disappointing development experience of large parts of the word. The remainder of the course adopts a more microeconomic focus, covering 1) poverty policy and measurement; 2) shocks, vulnerability & risk coping; 3) role of agriculture for development; 4) agricultural household model; 5) human capital strategies and 6) microfinance, savings and credit. In the final part of the course we will examine empirical tools to evaluate and measure the impact of policies as well as the role of big data for economic development.

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Paper Structure

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Note: ECONS533-22A (HAM) is offered in Flexi Synchronous Mode, which means on-campus activities (e.g. lectures, test) are available for students to attend in person, however, students can complete the paper online if they choose.

This paper will be taught through readings, interactive lectures, empirical projects, student presentations and discussions.

Guest lecturers will be invited to share their expertise from their particular research areas from time to time.

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Learning Outcomes

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Students who successfully complete the paper should be able to:

  • 1. Describe and critically evaluate selected aspects of trade
    Linked to the following assessments:
  • 2. Critically assess the quality of data used to measure progress of developing countries
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  • 3. Critically assess popular policy interventions in developing countries
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  • 4. Get hands-on experience with the tools that practicing development economists use when analyzing poverty and development
    Linked to the following assessments:
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Assessment

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Ensure that you review due dates and submission methods carefully to ensure that all work is submitted accurately.
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Assessment Components

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The internal assessment/exam ratio (as stated in the University Calendar) is 100:0. There is no final exam. The final exam makes up 0% of the overall mark.

The internal assessment/exam ratio (as stated in the University Calendar) is 100:0 or 0:0, whichever is more favourable for the student. The final exam makes up either 0% or 0% of the overall mark.

Component DescriptionDue Date TimePercentage of overall markSubmission MethodCompulsory
1. Empirical Exercises (2x)
30
  • Online: Submit through Moodle
2. Presentation and Report
17 Oct 2022
12:00 PM
25
  • Online: Submit through Moodle
  • Presentation: In Class
3. Class Participation
10
  • In Class: In Lecture
4. Final Test
35
  • Online: Submit through Moodle
Assessment Total:     100    
Failing to complete a compulsory assessment component of a paper will result in an IC grade
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Required and Recommended Readings

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Required Readings

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There is no required text for this paper.

Required readings for each topic are provided in the Waikato Reading List for this paper (accessible through Moodle)

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Recommended Readings

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There is no textbook for the course, but the following references are going to be very useful if you plan on doing some work in (micro) development economics:

Deaton, A. (1997). The Analysis of Household Surveys: A Microeconometric Approach to Development Policy. John Hopkins University Press: Baltimore, Maryland

Bardhan, P. and Udry, C. (1999). Development Miroeconomics. Oxford University Press: New York.

Ray, D. (1998). Development Economics. Princeton University Press: Princeton, New Jersey.

de Janry , A. and Sadoulet, E. (2016). Development Economics: Theory and Practice. Routledge, New York,

Ravallion, M. (2016). The Economics of Poverty: History, Measurement and Policy. Oxford University Press.

Banerjee, A. and Duflo, E. (2011). Poor Economics: A Radical Rethinking of the Way to Fight Global Poverty. Public Affairs, New York.

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Online Support

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Resources are available through Moodle.
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Workload

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For this paper, you should expect to spend around 150 hours in total during the semester
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Linkages to Other Papers

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Prerequisite(s)

Prerequisite papers: At least 40 points at 200 level or above in Economics

Corequisite(s)

Equivalent(s)

Restriction(s)

Restricted papers: ECON530, ECON531, ECON533

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