Besides a general introduction to economic development and a review of main economic tools and measures, the following topics will be discussed:
- Characteristics of developing countries
- Classic theories of growth and development
- The Solow growth model
- Human capital, education and health and economic development
- Poverty, inequality and development
- International trade and industrialization strategy: This section looks at developing countries industrialization process from a historical perspective.
- Balance of payment, financial crises and stabilization policies: This section looks at a country’s balance of payment accounts, the international flow of financial resources and the impact of financial crises on developing countries.
- Foreign finance and foreign direct investment: This section looks at recent trends in FDI in developing countries and will analyze the role of FDI in economic growth and transfer of technology in developing countries.