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BAEcon Economics and Finance / Course details

Year of entry: 2021

Course unit details:
Topics in Inequality & Poverty

Unit code ECON30041
Credit rating 10
Unit level Level 3
Teaching period(s) Semester 1
Offered by School of Social Sciences
Available as a free choice unit? Yes

Overview

The Unit should cover the following broad topics

 

Topic 1 Concepts and Measurement

  • different measures of inequality and poverty and their properties;
  • discuss the changing nature of inequality and poverty in the world
  • Case studies from World Bank.

 

Topic 2:  Growth Inequality and Poverty

  • Theories of growth and distributional change
  • Evidence of growth and distributional change
  • Case Studies: Pro-Poor Growth

Topic 3: Explaining Inequality and Poverty;

  • Gender Inequality
  • Human Capital and Technology
  • Rents Monopoly and Crony Capitalism

 

Topic 4: Economic Policies

  • Taxes Transfers and Inequality
  • Unconditional transfer and subsidies

 

Pre/co-requisites

Unit title Unit code Requirement type Description
Introductory Statistics for Economists SOST10062 Pre-Requisite Compulsory
Advanced Statistics ECON10072 Pre-Requisite Compulsory
Microeconomic Analysis 1 ECON10171 Pre-Requisite Compulsory
Macroeconomic Analysis 1 ECON10181 Pre-Requisite Compulsory
Microeconomics 1 ECON10221 Pre-Requisite Compulsory
Macroeconomics 1 ECON10241 Pre-Requisite Compulsory
Macroeconomics 1 ECON10252 Pre-Requisite Compulsory
Microeconomics 1 ECON10331 Pre-Requisite Compulsory

Aims

The unit aims to provide:

(i) a broad understanding of the theories underlying the dynamics of inequality and poverty;

 

(ii) a systematic exposition of the different measures of poverty and inequality; and

 

(ii) critically examine the existing evidence on inequality and poverty, and the role of government policy in it.

 

Learning outcomes

Student should be able to

 

(a) develop a critical understanding of the dynamics of poverty and inequality

 

(b) use different indices of poverty and inequality and recognise the implications of the measures, and

 

(c) follow and comprehend the broad debates on poverty and inequality.

 

Teaching and learning methods

The learning and teaching process would include two broad forms of delivery (a) lectures and (b) tutorials.

The lectures would include multi-media presentations.  They will be supplemented with additional notes and reading through the course website.

In the tutorials students will be asked to work in groups.  One of their tasks would be to do a group presentation.

Students will also be actively encouraged to participate in the discussion board in the course website.

 

Assessment methods

Mid-Term Test (through the Blackboard page) 10%

Final Exam 90%

FORMATIVE ASSESSMENT: MCQ's ((through the Blackboard page)

Recommended reading

Bourguignon, F. (2015)  Globalisation of Inequality, Princeton University Press.

Deaton, A. (2013) The Great Escape: Health Wealth and the Origins of Inequality, Princeton University Press

 

Study hours

Scheduled activity hours
Lectures 16
Tutorials 5
Independent study hours
Independent study 79

Teaching staff

Staff member Role
Indranil Dutta Unit coordinator

Additional notes

For every 10 course unit credits we expect students to work for around 100 hours. This time generally includes any contact times (online or face to face, recorded and live), but also independent study, work for coursework, and group work. This amount is only a guidance and individual study time will vary

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