IDM070-Microeconomics for Developing Countries

Module Provider: School of Agriculture, Policy and Development
Number of credits: 10 [5 ECTS credits]
Level:7
Terms in which taught: Spring term module
Pre-requisites:
Non-modular pre-requisites:
Co-requisites:
Modules excluded:
Current from: 2021/2

Module Convenor: Dr Neha Hui
Email: n.hui@reading.ac.uk

Type of module:

Summary module description:

Study the microeconomic issues of development. Learn how asymmetric information, risk aversion, asset inequality and intrahousehold bargaining power affect microeconomic outcomes and well-being for informal sector workers, migrants, and women and children within a household.

Aims:
This module focuses on microeconomic issues of development. It will provide a theoretical and empirical foundation to the microeconomics of developing countries.

Assessable learning outcomes:
On completion of the module students should:
- have developed an understanding of sources of market failures in developing countries, particularly in rural markets;
- be able to explain theoretical models of market failures in developing countries;
- be able to discuss empirical evidence regarding sources of market failures in developing countries.

Additional outcomes:
Students will develop general analytical skills and will also master the ability to work independently under pressure of restricted time frames and make their own decisions on the organisation of their work. They will also develop generic skills for future employment and career development.

Outline content:

1. Theories of factors markets in developing countries

2. Agricultural microeconomicsÌýÌý

Brief description of teaching and learning methods:

Detailed guidance on the main topics of the syllabus and key references are provided in 5 x 2 hour sessions of lectures. Students are required to do a significant amount of reading in preparation for lectures

Summative assessment- Examinations:

Summative assessment- Coursework and in-class tests:

One essay (worth 50%) and one written test (worth 50%)

Formative assessment methods:

Penalties for late submission:

The below information applies to students on taught programmes except those on Postgraduate Flexible programmes. Penalties for late submission, and the associated procedures, which apply to Postgraduate Flexible programmes are specified in the policy 􀀓Penalties for late submission for Postgraduate Flexible programmes􀀔, which can be found here: