114-0409/01 – Developing Countries Economics (ERZ)

Gurantor departmentDepartment of EconomicsCredits4
Subject guarantordoc. Ing. Martin Hodula, Ph.D.Subject version guarantordoc. Ing. Martin Hodula, Ph.D.
Study levelundergraduate or graduateRequirementCompulsory
Year3Semestersummer
Study languageCzech
Year of introduction2019/2020Year of cancellation
Intended for the facultiesEKFIntended for study typesBachelor
Instruction secured by
LoginNameTuitorTeacher giving lectures
HOD063 doc. Ing. Martin Hodula, Ph.D.
LOK02 Ing. Aleš Lokaj, Ph.D.
Extent of instruction for forms of study
Form of studyWay of compl.Extent
Part-time Credit 12+0

Subject aims expressed by acquired skills and competences

To acquaint students with the functioning of developing economies and their specifics through the lens of macroeconomic and empirical models. To acquire the ability to analyze a specific problem in a concrete model framework. Completion of the subject should better prepare the student for the economic influences of the contemporary globalized world, both in the field of foreign trade and in the field of international capital operations.

Teaching methods

Lectures

Summary

What is the cause of the huge differences in income levels and economic growth around the world? What prevents developing countries from reaching a higher level of development? What are the most important drivers of economic growth and what policies have the greatest potential to reduce poverty and increase the well-being of people in the developing world? This course covers the following topics: general patterns of development around the world, theories of economic growth, the role of international institutions, economic policy, global public goods, foreign aid, social program evaluation, microfinance, and international migration.

Compulsory literature:

PIKETTY, Thomas. The Economics of Inequality. Přeložil Arthur GOLDHAMMER. Cambridge, United Kingdom: The Belknap Press of Harvard University Press, 2015. ISBN 978-0-674-50480-6. PIKETTY, Thomas. Kapitál v 21. století. Přeložil Jana CHARTIER. Praha: Knižní klub, 2015. Universum. ISBN 978-80-242-4870-7.

Recommended literature:

CHANCEL, Lucas, PIKETTY, Thomas, SAEZ, Emmanuel a Gabriel ZUCMAN, eds. World Inequality Report 2022. Harvard University Press, 2022. TODARO, Michael P. a Stephen C. SMITH. Economic development. 12th ed. London: Pearson Education, 2012. ISBN 978-01-334-0678-8. Banerjee, Abhijit and Esther Duflo, Poor Economics: A Radical Rethinking of the Way to Fight Global Poverty. Public Affairs, 2011. Collins, Daryl, Jonathan Morduch, Stuart Rutherford, and Orlanda Ruthven, Portfolios of the Poor: How the World's Poor Live on $2 a Day. Princeton University Press, 2009. Easterly, William, The Elusive Quest for Growth. MIT Press, 2001.

Way of continuous check of knowledge in the course of semester

E-learning

Other requirements

Active participation in seminars, study of recommended literature.

Prerequisities

Subject has no prerequisities.

Co-requisities

Subject has no co-requisities.

Subject syllabus:

1st Introduction to the study. Determination of conditions of course. analysis literature, entering seminary work. 2nd Categorization of developing countries (hereafter DC). Differentiation stages. newly industrialized DC. Least-developed stages. 3rd Basic characteristics of DC. DC as a historical phenomenon. structural characteristic of DC. 4th The theory of developing economies. Development of views on the DC. Theory erratic circles. Myrdalovo concept stages. 5th The sectoral analysis of developing economies. Agrarian, průmyslovýn sector and service sector in the DC. 6th Theory of growth in developing economies. Marxist, neoclaDCical, and Keynesian models of growth in DC. 7th Newly industrialized countries. Asian, Latin - American stages. trouble former COMECON countries. 8th Oil States. Special oil exporting countries. Financial center these countries. OPEC as a cartel. 9th International trade and DC. DC position in the international division of labor. Special trade DC. 10th The international movement of capital in stages. Capital resources DC. international economic aid and international economic institutions. 11th Debt problems in stages. 80th debtor crisis years. The development of debt DC in the 90 years. 12th International institutions and DC. UN economic institutions. regional Development Bank. 13th Integration proceDCes in DC. The theory of integration in terms of DC. integration DC groups in Latin America, Africa and Asia. 14th CR and the DC. Relationship of DC Czechoslovakia until 1989. The development of foreign trade with DC. Other forms of relationship of Czech Republic to the DC.

Conditions for subject completion

Part-time form (validity from: 2019/2020 Winter semester)
Task nameType of taskMax. number of points
(act. for subtasks)
Min. number of pointsMax. počet pokusů
Credit Credit   3
Mandatory attendence participation: it is not defined

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Conditions for subject completion and attendance at the exercises within ISP:

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Occurrence in study plans

Academic yearProgrammeBranch/spec.Spec.ZaměřeníFormStudy language Tut. centreYearWSType of duty
2024/2025 (B0311A050004) Applied Economics (S01) International Economic Relations K Czech Ostrava 3 Compulsory study plan
2023/2024 (B0311A050004) Applied Economics (S01) International Economic Relations K Czech Ostrava 3 Compulsory study plan
2022/2023 (B0311A050004) Applied Economics (S01) International Economic Relations K Czech Ostrava 3 Compulsory study plan
2021/2022 (B0311A050004) Applied Economics (S01) International Economic Relations K Czech Ostrava 3 Compulsory study plan
2020/2021 (B0311A050004) Applied Economics (S01) International Economic Relations K Czech Ostrava 3 Compulsory study plan
2019/2020 (B0311A050004) Applied Economics (S01) International Economic Relations K Czech Ostrava 3 Compulsory study plan

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