Economic Development

ECON 317 • Fall 2021 • Hood College

Grapple with the most important question in economics: why some countries are wealthy and others are poor.

By the end of this course, you will:

1. Explain how the development community measures economic development
2. Interpret regression tables in the empirical literature in development
3. Demonstrate different theories of economic development
4. Explain why various policies aimed at promoting development have failed
5. Describe essential conditions for successful development
6. Discuss the broad economic history of “the West”, several key “Emerging Markets” (such as Russia, China, Korea, etc.), and several other case studies of developing countries