Teaching and learning development economics : retrospect and prospect

Document Type

Journal article

Source Publication

Journal of Economic Education

Publication Date

1-1-2005

Volume

36

Issue

3

First Page

236

Last Page

248

Publisher

Heldref Publications

Keywords

Economic Development, Growth Models

Abstract

The author has chosen three major topics in development economics for a discussion on how to teach the subject: the concepts and measurement of development, models of growth and development, and the international aspects of economic development. For the concepts of development, it is important to emphasize the coherence of the topics to be studied. In teaching models of growth and development, he suggests that the classical models, the Marxian model, the Harrod-Domar models, and the Neoclassical model be discussed in the context of technology versus capital as a major determinant of growth and development. The role of labor, employment, and human capital would be discussed in the context of the LewisRanis-Fei model, the Harris-Todaro model, and the New Growth theory. The international aspects should be given due emphasis in the economic development syllabus with a thorough discussion on trade, investment, and finance in this connection.

DOI

10.3200/JECE.36.3.236-248

Print ISSN

00220485

E-ISSN

21524068

Publisher Statement

Access to external full text or publisher's version may require subscription.

Additional Information

Paper presented at the Conference on What We Teach and How We Teach It: Perspectives on Economics from Around the Globe, Jul 13-16, 2004, University of South Australia, Adelaide, Australia.

Full-text Version

Publisher’s Version

Language

English

Recommended Citation

Chen, E. K. Y. (2005). Teaching and learning development economics: Retrospect and prospect. Journal of Economic Education, 36(3), 236-248. doi: 10.3200/JECE.36.3.236-248

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