Development Economics I

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The Development Economics – I Course for BA (Hons) Economics Semester V, Delhi University has been taught by Mr. Dheeraj Suri. The Video Lectures are based upon the books prescribed by the University of Delhi. The Duration of Video Lectures is approximately 45 Hours.

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Click Here for Reading List of Development Economics – I

Course Content of Our Video Lectures

Lectures are as per the Latest Syllabus for 2021

Unit – I : Conceptions of Development

Chapter 1 : Characteristics of Development [89 Minutes]

Based Upon AVSI, Chapter 1

Number of Lectures   2 Lectures

Total Duration of Lectures  89 Minutes

Chapter 2 : Economic Development [240 Minutes]

Based Upon DE, Chapter 2

Number of Lectures   4 Lectures

Total Duration of Lectures  240 Minutes

Chapter 3 : The Wellbeing of the World [137 Minutes]

Based Upon Deaton, Chapter 1

Number of Lectures   3 Lectures

Total Duration of Lectures  137 Minutes

Chapter 4 : Human Development Indices [100 Minutes]

Based Upon Human Development Report

Number of Lectures   2 Lectures

Total Duration of Lectures  100 Minutes

Chapter 5 : Economic Reforms and Growth [61 Minutes]

Based Upon Pranab Bardhan, Chapter 2

Number of Lectures   2 Lecture

Total Duration of Lectures  61 Minutes

Chapter 6 : Looking to the Future [117 Minutes]

Based Upon Pranab Bardhan, Chapter 10

Number of Lectures   2 Lectures

Total Duration of Lectures  117 Minutes

Unit – II : Growth Model & Empirics

Chapter 7 : Economic Growth [243 Minutes]

Based Upon DE Chapter 3

Number of Lectures   3 Lectures

Total Duration of Lectures  243 Minutes

Chapter 8 : New Growth Theories [214 Minutes]

Based Upon DE Chapter 4

Number of Lectures   3 Lectures

Total Duration of Lectures  214 Minutes

Unit – III : Poverty & Inequality

Chapter 9 : Economic Inequalities [150 Minutes]

Based Upon DE Chapter 6

Number of Lectures   3 Lectures

Total Duration of Lectures  150 Minutes

Chapter 10 : Poverty [177 Minutes]

Based Upon DE Chapter 8

Number of Lectures   3 Lectures

Total Duration of Lectures  177 Minutes

Chapter 11 : Measuring Poverty [119 Minutes]

Based Upon Angus Deatun Chapter 1

Number of Lectures   2 Lectures

Total Duration of Lectures  119 Minutes

Chapter 12 : Poverty as Capability Deprivation [126 Minutes]

Based Upon Amartya Sen Chapter 4

Number of Lectures   2 Lectures

Total Duration of Lectures  126 Minutes

Chapter 13 : Inequality in the Long Run [77 Minutes]

Based Upon Thomas Piketty (2014)

Number of Lectures   2 Lectures

Total Duration of Lectures  77 Minutes

Unit – III : Political Institutions & Functioning of the State

Chapter 14 : Reflections on the Commons [174 Minutes]

Based Upon Elinor Ostrom, Chapter 1

Number of Lectures   3 Lectures

Total Duration of Lectures  174 Minutes

Chapter 15 : The Struggle to Govern the Commons [79 Minutes]

Based Upon Thomas Dietz

Number of Lectures   2 Lectures

Total Duration of Lectures  79 Minutes

Chapter 16 : Why Some Nations are Rich [108 Minutes]

Based Upon Mancur Olson (1996)

Number of Lectures   2 Lectures

Total Duration of Lectures  108 Minutes

Chapter 17 : Linkages in Economic Development [50 Minutes]

Based Upon A. Hirshman, Chapter 3

Number of Lectures   2 Lectures

Total Duration of Lectures  50 Minutes

Chapter 18 : Fifty Years of Growth [90 Minutes]

Based Upon Dani Rodrik, Chapter 1

Number of Lectures   3 Lectures

Total Duration of Lectures  90 Minutes

Chapter 19 : Corruption [89 Minutes]

Based Upon Andre Shleifer & Robert Vishny

Number of Lectures   1 Lecture

Total Duration of Lectures  89 Minutes

End of Syllabus

Syllabus for Development Economics – I as Prescribed by University of Delhi

Development-Eco-Reading-List-2021

Course Description

Course Objective

This is the first part of a two-part course on economic development. The course begins with a discussion of alternative conceptions of development and their justification. It then proceeds to aggregate models of growth and cross-national comparisons of the growth experience that can help evaluate these models. The axiomatic basis for inequality measurement is used to develop measures of inequality and connections between growth and inequality are explored. The course ends by linking political institutions to growth and inequality by discussing the role of the state in economic development and the informational and incentive problems that affect state governance.

Course Learning Outcomes

This course introduces students to the basics of development economics, with in depth discussions of the concepts of development, growth, poverty, inequality, as well as the underlying political institutions.


Unit 1

Conceptions of Development Alternative measures of development, documenting the international variations in these measures, comparing development trajectories across nations and within them

Unit 2

Growth Models and Empirics The Harrod-Domar model, the Solow model and its variants, endogenous growth models, and evidence on the determinants of growth

Unit 3

Poverty and Inequality: Definitions, Measures and Mechanisms Inequality axioms; comparison of commonly used inequality measures; connections between inequality and development; poverty measurement; characteristics of the poor; mechanisms that generate poverty traps, and path dependence of growth processes

Unit 4

Political Institutions and the Functioning of the State The determinants of democracy; alternative institutional trajectories and their relationship with economic performance; within-country differences in the functioning of state institutions; state
ownership and regulation; government failures and corruption

References

  1. Banerjee, A., Benabou, R., Mookerjee, D. (eds.) (2006). Understanding poverty. Oxford University Press.
  2. Bardhan, P. (2010). Awakening giants, feet of clay: Assessing the economic rise of China and India. Oxford University Press.
  3. Basu, K. (2007). The Oxford companion to economics in India. Oxford University Press.
  4. Dasgupta, P. (2007). Economics: A very short introduction. Oxford University Press.
  5. Deaton, A. (2013). The great escape: Health, wealth and the origins of inequality. Princeton University Press.
  6. Hirschman, A. (1992). Rival views of market society and other essays. Ch. 3: “Linkages in Economic Development”. Harvard University Press.
  7. Human Development Report. Relevant years.
  8. Olson, M. (1996). Big bills left on the sidewalk: Why some nations are rich, and others poor. Journal of Economic Perspectives, 10, 3-24.23
  9. Ostrom, E. (1990). Governing the commons: The evolution of institutions for collective action. Cambridge University Press.
  10. Piketty, T., Saez, E. (2014). Inequality in the long run, Science, 344.
  11. Ray, D. (1998). Development economics. Princeton University Press.
  12. Rodrik, D. (2009). One economics, many recipes: Globalization, institutions and economic growth. Ch. 1: “Fifty Years of Growth (and lack thereof): An Interpretation”. Princeton University Press.
  13. Sen, A. (2000). Development as freedom. Oxford University Press.
  14. Shleifer, A., Vishny, R. (1993). Corruption. Quarterly Journal of Economics, 108, 599-617.
  15. Todaro, M., Smith, S. (2015). Economic Development. Pearson