MSc Financial Economics / Course details
Year of entry: 2021
- View tabs
- View full page
Course unit details:
Poverty, Inequality and Government Policy in Less Developed Countries
|Unit level||FHEQ level 7 – master's degree or fourth year of an integrated master's degree|
|Teaching period(s)||Semester 2|
|Available as a free choice unit?||Yes|
The aim of this course is to explore rigorously the meaning and measurement of poverty and inequality and the multi-dimensional indices of well-being. The focus would be on understanding how the different indices of poverty and inequality are constructed and their implication on policy. We will also investigate the broad impact of distribution on development.
At the end of this course students should be able to:
- construct and calibrate the different measures of poverty and inequality;
- have a deep understanding of how distribution impacts development ; and
have a broad appreciation of the policies related to poverty and inequality
Topic 1: The Meaning and Measurement of Inequality
Topic 2: Distribution and Development
Topic 3: The Meaning and Measurement of Poverty
Topic 4: Poverty and Development
Topic 5: Multidimensional Approaches to Wellbeing and Deprivation
Teaching and learning methods
Lectures and Tutorials
|Written assignment (inc essay)||15%|
Sen, A.K. (with James Foster) (1998) On Economic Inequality, Oxford University Press, Oxford. Available as an
electronic copy from the library website.
Foster (1985) Inequality Measurement in Peyton Young (Ed.) Fair Allocation, AMS Vol 33.
|Scheduled activity hours|
|Independent study hours|
|Indranil Dutta||Unit coordinator|
There are no formal pre-requisites for this course. However, students are advised that a good background in economics is assumed.
Lecturer: Dr Indranil Dutta
Lecture - Friday 1-3pm,
Tutorial - Wednesday 1-2pm