Course Title: Development Economics

Part A: Course Overview

Course Title: Development Economics

Credit Points: 12


Course Code




Learning Mode

Teaching Period(s)


City Campus


625H Economics, Finance and Marketing


Sem 1 2011,
Sem 1 2012,
Sem 2 2015,
Sem 2 2016,
Sem 2 2017,
Sem 2 2018,
Sem 2 2019

Course Coordinator: Professor Simon Feeny

Course Coordinator Phone: +61 3 9925 5901

Course Coordinator Email:

Course Coordinator Availability: Please check with course coordinator

Pre-requisite Courses and Assumed Knowledge and Capabilities

Required Prior Study
004944 - Macroeconomics 1, or its equivalent. Students who are interested in undertaking this course, but have not completed Macroeconomics 1, should consult the course coordinator.    

Course Description

Reducing poverty and the vast differences in living standards across the world are major issues facing the world today. This course is designed to provide a detailed understanding of the key economic aspects of development.

Issues covered include the meaning of development and how it is measured, the Millennium and Sustainable Development Goals, poverty and inequality, human capital, urbanisation and migration, foreign aid and the Global Economic Crisis. The course draws on the latest research in development as well as on a number of country case studies.

Students will acquire the skills to assess the status of developing countries and evaluate the impact on development of various national and international economic policies.

Objectives/Learning Outcomes/Capability Development


On successful completion of this course you will be able to:

  1. Apply research techniques to address major challenges facing developing countries
  2. Apply economic methods in order to assess the status of developing countries
  3. Critically evaluate economic policies to predict their impact on development
  4. Assess the huge diversity in living standards across the world and use your contextual knowledge to ascertain why such disparities exist.
  5. Critically evaluate the different theories or perspectives on development to validate and verify their accuracy

Overview of Learning Activities

The course requires students to participate in the following learning activities:

  • Attendance and note-taking during scheduled lectures/tutorials
  • Reading and note taking from the recommended textbooks and other references

In this course you will be encouraged to be an active learner. Your learning will be supported through various in-class activities. These may include quizzes; assignments; prescribed readings; sourcing, researching and analysing specific information; solving problems; conducting presentations; producing written work and collaborating with peers on set tasks or projects.

Overview of Learning Resources

There will be recommended texts, other references and resources.

Various learning resources are available online through MyRMIT Studies\Canvas. In addition to topic notes; assessment details and a study schedule you may also be provided with links to relevant online information; readings; audio and video clips and communication tools to facilitate collaboration with your peers and to share information.

Resources are also available online through RMIT Library databases and other facilities. If you require assistance with the RMIT library facilities contact the Business Liaison Librarian for your school. Contact details for Business Liaison Librarians are located online on the RMIT library website.

Additional resources and/or sources to assist your learning will be identified by your course coordinator will be made available to you as required during the teaching period.

Overview of Assessment

The assessment alignment list below shows the assessment tasks against the learning outcomes they develop.

Assessment 1: 25%
Linked CLOs: 1, 2

Assessment 2: 25%
Linked CLOs: 1, 2

Final Examination: 50%
Linked CLOs: 3, 4, 5

Feedback will be provided throughout the semester in class and/or in online forums through individual and group feedback on practical exercises and by individual consultation.