Economy of Developing Countries

Teachers

Included in study programs

Teaching results

Upon successful completion of the course, students will be able to:
- identify and analyze the main problem areas of development in developing countries
- understand the deeper problems of underdevelopment and further development of developing countries
- identify, quantify, and analyze development indicators
- understand the deeper context of the relationship between developed and developing countries
Knowledge and understanding: Acquire an understanding of developing country development concepts
Practical skills: Apply theoretical concepts of development to practical applications in economic policy formulation
Competencies: understanding of the context of the world economy, use of databases for practical application

Indicative content

Definition of the basic concepts and subject matter of development economics. Demographic development in the regions of developing countries. Education and its impact on development, state of health in developing countries. Natural resources and the environment. Agriculture and food security. Quality of life, quality of life indicators, poverty, and inequality. Models of economic development. Trade policies of developing countries. Financial markets and developing states. African countries. Countries of South-East Asia and South Asia. Central Asian countries and Western Asia. The oil states of the Persian Gulf.

Support literature

Csabay, M. a kol.: Ekonomika rozvojových štátov. Ekonóm, 2011
Todaro, M., P., Smith, S., C.: Economic Development, 13th Edition. Pearson, 2020
Ray, D.: Development Economics. Princeton University Press, 1998
Szirmai, A.: Socio-Economic Development, 2nd Edition. Cambridge University Press, 2015
Nafziger, E., W.: Economic Development, 5th Edition. Cambridge University Press, 2012

Syllabus

1. Definition of the basic concepts and subject matter of development economics. Definition of the group of developing countries, their common and different features. 2. Demographic development in the regions of developing countries, comparison, migration and the labor market in developing countries. 3. Education and its impact on development, state of health in developing countries, a comparison. 4. Natural resources and the environment. Environmental impacts of development. 5. Agriculture and food security in developing countries. 6. Quality of life, quality of life indicators, poverty, and inequality. 7. Models of economic development. 8. Trade policies of developing countries. The involvement of the regions of the developing countries in the world economy. 9. Financial markets and developing states, capital sources for development, debt mechanism. 10. Countries of North, West, Central, East, and Southern Africa. 11. Countries of South-East Asia (Cambodia, Thailand, Laos, Vietnam, Myanmar, Malaysia, Brunei, Philippines, Indonesia, Singapore) and South Asia (India, Afghanistan, Pakistan, Bhutan, Bangladesh, Nepal). 12. Central Asian countries (Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, Uzbekistan) and Western Asia (Yemen, Lebanon, Syria, Turkey, Azerbaijan, Georgia, Armenia). 13. The oil states of the Persian Gulf and their position in the world economy.

Requirements to complete the course

20 % mid-term exam
20 % term paper
60 % written examination

Student workload

Lectures: 26 hours
Seminars: 52 hours
Preparation for seminars: 13 hours
Preparation for mid-term exam: 10 hours
Preparation for term paper: 13 hours
Preparation for final exam: 42 hours

Language whose command is required to complete the course

Slovak

Date of approval: 10.02.2023

Date of the latest change: 12.01.2022