| Unit name | Topics in Development Economics |
|---|---|
| Unit code | ECONM3003 |
| Credit points | 15 |
| Level of study | M/7 |
| Teaching block(s) |
Academic Year (weeks 1 - 52) |
| Unit director | Professor. Bhalotra |
| Open unit status | Not open |
| Pre-requisites |
None |
| Co-requisites |
None |
| School/department | School of Economics, Finance and Management |
| Faculty | Faculty of Social Sciences and Law |
Given imperfect markets and limited investment by the state in human development in low-income countries, the family assumes an important role in the allocation of resources. For this reason, the course will discuss alternative ways of modelling household decision-making and the household economy. Topics discussed include child labour, equity and efficiency trade-offs within the household, heterogeneity in preferences between spouses and consequences of this modelling household decision making, parent altruism, son-preference and implications for investments in health and education of boys and girls.
