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DES424

Comparative Development

This course provides an in-depth exploration of comparative development, covering key concepts, theories, and economic systems. Students will examine the definitions of economic growth and development, various economic systems like capitalism, socialism, and mixed economies, and their impact on development indices. The course also delves into trends transforming the global economy, sustainable development, and economic globalization. It aims to equip students with a comprehensive understanding of the factors influencing development across different contexts.

About this course

Difficulty
Intermediate
Study hours
26 hours
Maths
Basic
Content
Theoretical
Practical work
No
How it is assessed
  • Assignments
  • Tutor marked assessments
  • Final examination

One paragraph, so you can see how it reads

DES424 · Unit 1 Definition and Meaning of Economic Growth and Development

The presentation schedule included in your course materials gives you the important dates for this year for the completion of tutor-marking assignments and attending tutorials.

What you should be able to do

  1. Define and differentiate between economic growth and economic development
  2. Explain the major theories of economic development
  3. Compare and contrast various economic systems
  4. Analyze the influence of economic systems on development indices
  5. Understand the trends transforming the global economy
  6. Discuss the concept of sustainable development
  7. Explain the impact of economic globalization on development

What it prepares you for

Careers
  • Development Economist
  • Policy Analyst
  • International Development Consultant
  • Economic Advisor
  • Researcher
Where it is applied
  • Government
  • International Organizations
  • Non-Governmental Organizations (NGOs)
  • Consulting Firms
  • Research Institutions

Where it gets hard

The units students slow down on, and what makes each one heavy.

  • Module 3: Influence of Economic Systems on Development Indices, Trends Transforming Global Economy, Sustainable Development, Globalization and Economic Development

    Unit 1: Influence of Economic Systems on Development Indices

    Understanding the complex interplay between economic systems and various development indices requires a strong grasp of statistical analysis and economic theory.

  • Module 3: Influence of Economic Systems on Development Indices, Trends Transforming Global Economy, Sustainable Development, Globalization and Economic Development

    Unit 2: Trends Transforming Global Economy

    Analyzing the multifaceted impacts of technology and innovation on economic growth requires understanding of both technological advancements and economic principles.

A suggested way through it

Suggested

13 weeks, about 30 hours in total. Yours will differ.

  1. Week 1Module 1: Definition of Economic Growth and Economic Development
    • Unit 1: Definition and Meaning of Economic Growth and Development · 2 hours

      Understand the definitions of economic growth and development.. Identify the factors influencing economic growth..

  2. Week 2Module 1: Definition of Economic Growth and Economic Development
    • Unit 2: Conceptualizing Economic Development · 2 hours

      Examine the various approaches to conceptualizing economic development.. Analyze the relationship between economic growth and economic development..

  3. Week 3Module 1: Definition of Economic Growth and Economic Development
    • Unit 3: Major Theories of Economic Development · 3 hours

      Study the major theories of economic development.. Compare and contrast different theoretical perspectives..

  4. Week 4Module 1: Definition of Economic Growth and Economic Development
    • Unit 4: The Role of Institutions in Economic Development · 2 hours

      Assess the role of institutions in fostering economic development.. Identify different types of institutions and their functions..

  5. Week 5Module 2: Various Economic Systems of Development
    • Unit 1: Capitalism · 2 hours

      Understand the principles of capitalism.. Analyze the advantages and disadvantages of a capitalist economic system..

  6. Week 6Module 2: Various Economic Systems of Development
    • Unit 2: Socialist Economic System · 2 hours

      Explore the characteristics of a socialist economic system.. Compare and contrast socialism with capitalism..

  7. Week 7Module 2: Various Economic Systems of Development
    • Unit 3: Mixed Economy · 2 hours

      Examine the features of a mixed economy.. Analyze the role of government and private sectors in a mixed economy..

  8. Week 8Module 2: Various Economic Systems of Development
    • Unit 4: Comparison of various Economic Systems · 3 hours

      Compare the characteristics of capitalism, socialism, and mixed economies.. Analyze the strengths and weaknesses of each system..

  9. Week 9Module 3: Influence of Economic Systems on Development Indices, Trends Transforming Global Economy, Sustainable Development, Globalization and Economic Development
    • Unit 1: Influence of Economic Systems on Development Indices · 2 hours

      Assess the influence of economic systems on development indices.. Analyze how different systems impact life expectancy, literacy, and infant mortality..

  10. Week 10Module 3: Influence of Economic Systems on Development Indices, Trends Transforming Global Economy, Sustainable Development, Globalization and Economic Development
    • Unit 2: Trends Transforming Global Economy · 2 hours

      Identify the key trends transforming the global economy.. Analyze the impact of technology and innovation on economic development..

  11. Week 11Module 3: Influence of Economic Systems on Development Indices, Trends Transforming Global Economy, Sustainable Development, Globalization and Economic Development
    • Unit 3: Sustainable Development · 2 hours

      Understand the concept of sustainable development.. Examine the goals and relevance of sustainable development..

  12. Week 12Module 3: Influence of Economic Systems on Development Indices, Trends Transforming Global Economy, Sustainable Development, Globalization and Economic Development
    • Unit 4: Economic Globalization and Economic Development · 2 hours

      Explore the concept of economic globalization.. Analyze the elements and features of economic globalization..

  13. Week 13Final Revision
    • Final Revision · 4 hours

      Review all modules and units.. Prepare for final examination..

Preparing for the exam

What to do
  • Create concept maps linking key economic theories and systems (Units 3-8)
  • Practice comparing and contrasting different economic models (Units 5-7)
  • Focus on understanding the impact of globalization and sustainable development (Units 11-12)
  • Review development indices and their relationship to economic systems (Unit 9)
  • Study examples of countries with different economic systems and their development outcomes

Questions students ask about this course

What is DES424 about?

This course provides an in-depth exploration of comparative development, covering key concepts, theories, and economic systems. Students will examine the definitions of economic growth and development, various economic systems like capitalism, socialism, and mixed economies, and their impact on development indices. The course also delves into trends transforming the global economy, sustainable development, and economic globalization. It aims to equip students with a comprehensive understanding of the factors influencing development across different contexts.

How many units does DES424 have?

DES424, Comparative Development, has 12 units across 3 modules, over 119 pages of course material. You can read it one unit at a time.

How many credit units is DES424?

DES424 carries 2 credit units, at 400 level in Social Sciences.

Is DES424 hard?

DES424 is rated intermediate level, with basic mathematical content. It is mostly theoretical work.

How long does DES424 take to study?

About 26 hours of study, spread across its 12 units.

How is DES424 assessed?

DES424 is assessed by assignments, tutor marked assessments and final examination.

What can I do with DES424?

Development Economist, Policy Analyst, International Development Consultant, Economic Advisor and Researcher.

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