Development Economics

Discipline: Semester at Sea Seminars
Instructor: Ranade
Credits: 3

Field Work: Day 2 - Wednesday, 16 March | South Africa Download Syllabus

The course applies the theories and experience of economic development and growth to the industrialization trajectory followed by developed nations in order to identify the elements common  to their economic growth. The course will analyze the unique economic and sociopolitical features of developing countries around the world and explore what features of domestic policy, natural resource abundance, and/or cultural or social circumstances aid or hamper development and growth. The interrelated problems of poverty, population growth, and the environment also will be addressed.

Field Work

Country: South Africa
Day: 2 - Wednesday, 16 March

TBAThe objective of the field lab is for experiencing the work done by the Amy Biehl Foundation. After visiting the office of the foundation, there will be a full day visit to the school run by the foundation. The visit to the township where the school is located will give a firsthand experience to the students about the life in the townships. Amy Biehl was a young American woman who lost her life in the riots in Cape Town more than 20 years back. The full story of Amy Biehl is available on the following website Students deciding about the field lab should visit the website so that they will see the sacrifice made by Amy and others, and generosity showed by her parents and others which led to the creation of the Amy Biehl Foundation. This foundation aptly displays how fragile social situation can be converted into a win-win situation for all. During the proposed visit the students will understand the meaning of the “Ubuntu” term Nelson Mandela had used in creating peace and reconciliation in South Africa after he became the President.

Academic Objectives:
1. Social Assessment
2. Solutions for Social Conflicts
3. To experience the success story