Development economicsSyllabus

Subject code

İF-2611y

Credits

4

Student workload

60

Semester

Spring semester

Academic year

2025-2026

Subject type

Mandatory

Form of education

Full-time

Language of instruction

Azerbaijani

In-class hours

a) 30 saat mühazirə b) 30 saat məşğələ

Out-of-class hours

a) 45 saat sırbıst iş b) 15 saat hazırlıq

"development economics" is one of the teaching subjects for undergraduate students. development economics is a subfield of economics that studies the economic aspects of the development process in low-income countries. this field is not only concerned with methods of economic development, economic growth and structural change, but also examines the use of private or public channels of health, education and workplace conditions to develop population growth potential. development economics combines the creation of theories and methods that help determine policies and practices and their implementation both domestically and internationally. this may include the use of mathematical techniques such as the reconstruction of market incentives or intermediate optimization for project analyses. qualitative and quantitative methods can be used together in development economics. development economics describes a range of issues and policies that affect economic growth, including income inequality, terms of trade, social capital, population growth, technological development, investment policy, etc. consists of topics related to

• lecture
• interactive discussion
• seminar
• case study
• presentations
• teamwork
• project-based learning

No learning outcomes have been added.

1. 1.
   Development economics subjectLecture

   What does development economics study? what do we mean by development? traditional methods of development measurement (gdp per capita). new perspectives on development measurement. assessment of economic development as a multidimensional process involving the improvement of the living conditions and quality of the population. quality of life. a system of indicators characterizing well-being. improving material well-being. amartya sen's 'skills approach'. conceptual structure of the development paradigm: human well-being, empowerment and agencies; the most basic postulate of the concept of justice development - measurement of development by people's happiness. development goals. what is sustainable development? millennium declaration and millennium development goals

2. 2.
   Indicators characterizing development.Lecture

   The main principles of the concept. the main indicators of development: gross national income, education and health. human development index (hdi) calculation methodology and conceptual shortcomings. gross national income index (with purchasing power parity). education index characterizing the opportunity to study. characterizing the possibility of a long and healthy life - life expectancy index (lei).

3. 3.
   Classical theories and modern models of economic growth (development).Lecture

   Traditional economic growth models: modern economic growth models: harrod-domar model, neoclassical economic growth model and endogenous (romer) economic growth model.

4. 4.
   Poverty, inequality and development.Lecture

   Measuring poverty. absolute and relative poverty. a new approach to measuring poverty: multifactor poverty index fair distribution of income. social inequality. lawrence curve. calculation of the gini (gini) coefficient

5. 5.
   Population growth and economic developmentLecture

   World population growth and age structure. stages of demographic transition. the main trends of demographic development around the world. reasons for population growth - population aging

6. 6.
   Environmental sustainability (environment) and economic developmentLecture

   What is environmental sustainability? basic concepts and systematics of ecology. climate and biodiversity. measures against the greenhouse effect. the resource curse: holland syndrome

7. 7.
   Analysis of some structural problems that slow down economic growth, based on theoretical and country experiences.Lecture

   The beginning of sustainable economic development. problems retarding economic growth: single-factor and multi-factor factors. economic growth successes. economic growth in europe and japan after world war ii. what is the middle income trap?

8. 8.
   Development strategies, development planning: concept and needs.Lecture

   Aggregate growth models: forecasting macro variables. challenges in the case of economic development: internal and external. institutional deficiency and the transition to a market economy in 1980. washington consensus.

9. 9.
   International trade theory and the issue of development.Lecture

   Import and export. demand elasticities and volatility of export earnings. the terms of trade and the prebisch-singer hypothesis. in international trade theory: the neoclassical model. inflation and devaluation in international trade. currency stability, free movement of capital. international trade model - porter's approach. shadow economy, restrictions on international trade.

10. 10.
    Environmental sustainability (environment) and economic developmentLecture

    What is environmental sustainability? basic concepts and systematics of ecology. climate and biodiversity. measures against the greenhouse effect. the resource curse: holland syndrome

11. 11.
    Environmental sustainability (environment) and economic developmentLecture

    What is environmental sustainability? basic concepts and systematics of ecology. climate and biodiversity. measures against the greenhouse effect. the resource curse: holland syndrome

12. 12.
    Azərbaycan dövlətinin yaranması və inkişafı (e.ə. iii-ii minilliklər)Lecture

    – mövzu azərbaycan ərazisində qədim dövrlərdən etibarən yaranmış ilk dövlət qurumlarının meydana gəlməsini və inkişaf mərhələlərini əhatə edir. dövlətlərin idarəçilik sistemi, siyasi quruluşu, iqtisadi həyatı və mədəni xüsusiyyətləri geniş şəkildə araşdırılır. eyni zamanda onların regionda tutduğu mövqe və digər dövlətlərlə münasibətləri təhlil olunur. bu dövlətlərin azərbaycan dövlətçilik tarixinin formalaşmasında oynadığı rol xüsusi vurğulanır.

    • • ftn1: azərbaycan tarixinin dövrlərinin əsas mahiyyəti izah edilir.
    • • ftn3: tələbələrin bu və ya digər məsələlərlə bağlı obyektiv mövqeyini formalaşmasına nail olunur.
    • • ftn4: tələbələrin ən azından minimum məlumat əldə etməsi, mövzular ətrafında öz fikrinin formalaşmasının səviyyəsi yoxlanılır.
    • • ftn2: azərbaycan tarixi üzrə bəzi mübahisəli məsələlərə aydınlıq gətirilir.
    • • ftn5: tələbələrə qədim tariximizin müasir dövrlə uzlaşdırılması vərdişləri aşılanır.
13. 13.
    Analysis of some structural problems that slow down economic growth, based on theoretical and country experiences.Lecture

    The beginning of sustainable economic development. problems retarding economic growth: single-factor and multi-factor factors. economic growth successes. economic growth in europe and japan after world war ii. what is the middle income trap?

14. 14.
    Development strategies, development planning: concept and needs.Lecture

    Aggregate growth models: forecasting macro variables. challenges in the case of economic development: internal and external. institutional deficiency and the transition to a market economy in 1980. washington consensus.

15. 15.
    International trade theory and the issue of development.Lecture

    Import and export. demand elasticities and volatility of export earnings. the terms of trade and the prebisch-singer hypothesis. in international trade theory: the neoclassical model. inflation and devaluation in international trade. currency stability, free movement of capital. international trade model - porter's approach. shadow economy, restrictions on international trade.

1. 1. michael p. todaro, new york university, stephen c. smith, the george washington university, "economic development", 11th edition, pearson print, 2012 2. http://databank.worldbank.org/data/reports.aspx?source=world-development-indicators 3. e. wayne nafziger, kansas state university, "economic development", 4th edition, cambridge university press, 2006