Economic Development [CRN 27345]

Discipline: Economics
Instructor: Emerson
Credits: 3
Day: B
Start: 12:10
End: 13:30
Field Work: Day 1 | March 31, 2017 | Ghana
Prerequisites: One (1) intermediate macroeconomics course Download Syllabus

Two‐thirds of the world population lives in “developing” countries under conditions incredibly different from those in the “developed” world. In this course we consider the question of what makes some countries rich and others poor. We study issues such as poverty, inequality, health, the Colonial legacy, environmental issues, population and fertility, gender, and education in the developing country context. We will also consider attempts made by “developed” countries to aid those in the “developing” world in order to gain a better understanding for when and why aid is and is not effective. Special attention will be paid to issues in the countries on the Semester at Sea spring 2017 itinerary.

Field Work

Country: Ghana
Day: 1
Date: March 31, 2017

Visit MCC, USAID and IPA related sites, observe issues in economic development, and dialogue with experts and practitioners in the field of economic development.

Learning objectives:
1. Students will learn about the work being conducted by the Millennium Challenge Corporation (MCC) and USAID in Ghana – and how this work aims to achieve the Sustainable Development Goals (for MCC) and US foreign policy goals (USAID).
2. Students will observe the effects of the MCC and USAID work on development in Ghana.
3. At Innovations for Poverty Action (IPA), students will learn about current research projects of economic researchers. Generally, the object of these projects is to determine the efficacy of various interventions intended to promote economic growth.
4. Students will observe first hand conditions in a developing country so as to better appreciate the challenges faced in these nations and thus gain better perspective on the various topics covered in the course.