Annexure-6
Basic Development Economics
• Course Code : ECON029
• Course Abbreviation : BASDEV
• Credits: 4
• Duration (per week): 4 hours (3 lectures + 1 Tutorial)
• Course Object ives:
This course exposes students to some of the key ideas and concepts in the areas of economic
growth, human development and globalisation building on the con~ept of growth and further
links it up with alternative conceptions of development.
• Course Learning Outcomes:
Students will develop a critical understanding of the contemporary issues in economic growth
and development and their paths. Students will thus be better prepared to face the
professional world and can use this knowledge base in a variety of jobs, including in the
corporate, civil service and NGO sectors.
• Content (Unit-wise):
Unit 1 : Development and underdevelopment
Growth vs Development; Classic Approaches of Development; Contemporary theories of
Development and Underdevelopment
Unit 2 : Development goals and indicators, measures of underdevelopment
Various concepts and measures of poverty and inequality, poverty lines using various
national and international criteria.
Unit 3 : Capabilities, human development and sustainable development
Unit 4: Globalisation and development
• Suggest ed Re adings:
- Debraj Ray, Development Economics, (DE), Princeton University Press, 1998.
- Robinson, J. A., & Acemoglu, D. (2012). Why nations fail: The origins of power, prosperity
and poverty (pp. 45-47). London: Profile.
- Abhijit Banerjee, Roland Benabou and Dilip Mookerjee (eds), UnderstandingPoverty
(UP), Oxford University Press, 2006.
- Angus Deaton, The Great Escape: Health, Wealth and the Origins of Inequality, Princeto n
University Press, 2013.
@
22
'\
- Gustav Ranis et.al, Economic Growth and Human Development, World Development Vol.
28, No . 2, Elsevier Science Ltd., 2000
- Amartya Sen, Development as Freedom, OUP, 2000
- Thomas Piketty and Emmanuel Saez, ' Inequality in the Long Run' , Science, 344 (838),
2014
- Piketty, Thomas, 2019, Capita/and Ideology, Harvard University Press,
- Severine Deneulin with Lila Shahani (ed.), An Introduction to the Human Developmentand
Capability Approach: Freedom and Agency, Roultedge, 2009
• Course Assessment: Internal Assessment - 25, Final Examination - 75
23
