Course Code: ECON 118

ECONOMIC DEVELOPMENT IN ASIA - X

COURSE DESCRIPTION

This course will provide an introduction to the developmental challenges in Asia. The course will begin with introducing the distinction between concepts of economic growth and development. The course will have a strong emphasis on understanding the lives of the poor. We will attempt to diagnose the causes of poverty by analysing its components such as lack of sufficient access to education, healthcare, nutrition, credit, and insurance and study how these can cause the persistence in poverty. We will also look at demographic and gender issues and discuss how the lessons we learn should help shape development policy. Policy implications emerging from the material we have studied will also be discusssed. 

 

This course will be identical to the non-SMU-X version of Economic Development in Asia except that for the group presentation component, the debates will be replaced with a group project aimed at coming up with a market ready pitch for a social impact bond for Trybe, a Singapore based non-government organisation working in the youth rehabilitation space. 

 

This course will provide an introduction to the developmental challenges in Asia. The course will begin with introducing the distinction between concepts of  economic growth and development. The course will have a strong emphasis on understanding the lives of the poor in Asian countries. We will attempt to diagnose the causes of poverty by analysing its components such as lack of sufficient access to education, healthcare, nutrition, credit, and insurance and study how these can cause the persistence of poverty. We will also look at demographic and gender issues and discuss how the lessons we learn should help shape development policy. Policy implications emerging from the material we have studied will be also discussed. 

The students will evaluate the performance of WE CARE, a Singaporean not for pro t organisation working in the addiction recovery space.

COURSE GOALS & LEARNING OBJECTIVES

1. To understand the factors that lead to persistence of poverty and under-development in the empirical context of Asia

2. Learning how to examine the evidence on policy relevant interventions. This will involve looking at tables with statistical output. By the end of the course, you should be more comfortable making inferences based on statistical output that is presented to you. 

3. To develop and sharpen your analytical and presentation skills by participating in class discussions and group debates. 

4. To acquire an appreciation of the issues invovled in designing and evaluating developmental policies. 

5. To learn how to evaluate a not for profit organisation and prepare an impact report. 

INSTRUCTOR (S)

Madhav Shrihari Aney

Assistant Professor of Economics, School of Economics

Email: madhavsa@smu.edu.sg

Offering Term(s):

AY 18/19 Term 1,  

PRE-REQUISITE

This course is a non-technical introduction to developmental challenges in Asia. Each week we will look at statistical output from different randomized control trials conducted in Asia. Some familiarity with basic statistics will be helpful.

Project sponsor for the term

WHAT STUDENTS SAY ABOUT ECON 118

'"I think my biggest takeaway is understanding the studies done in the different countries to analyse and conclude effectiveness of the different policies to address issues. working with an external party also greatly challenged me as there were many aspects to consider and the need to generate innovative ideas."

 

"The course definitely enabled me to gain more understanding about various forms of poverty, and it was interesting to learn about various experiments being conducted around the world, and the how to interpret statistical data retrieved from these various studies."

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