Ethiopian Civil Service University INSTITUTE OF PUBLIC

INSTITUTE OF PUBLIC MANAGEMENT AND DEVELOPMENT STUDIES

DEPARTMENT OF DEVELOPMENT ECONOMICS

CURRICULUM FOR MASTER OF SCIENCE IN DEVELOPMENT ECONOMICS (MSC)

2014

Contact Name Ato Aklilu Amiga

Position Lecturer ( Department Head )

Email [email protected]

Telephone 0911634534

Date June , 2014

Ethiopian Civil Service University

mailto:[email protected]

Curriculum: < Masters of Science in Development Economics >

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TABLE OF CONTENTS

1 Curricula Team ....................................................................................................................... 3

2 Programme Description .......................................................................................................... 4

2.1 General Data .............................................................................................................................. 4

2.2 Description of Rational and Objectives of the Programs...........................................................5.

2.3 Professional Profile ............................................................................................................... 6

2.4 Exit-Level-Outcomes ................................................................................................................... 6

2.5 Total ECTS of the Program.......................................................................................................6

2.6 Graduation Requirement...........................................................................................................7

2.7 Stakeholders... ............................................................................................................................7

3 Module Description....................................................................................................................8

3.1 Module 1: Advanced Microeconomics… ................................................................................... 8

3.2 Module 2: Advanced Macroeconomics ......................................................................................12

3.3 Module 3: Mathimatical Economics .................................................................…………………….17

3.4 Module 4: Development Economics …........................................................................................21

3.5 Module 5: Advanced Econometrics …………................................................……………….……………28

3.6 Module 6: Research Methods in Development Economics …..................................................34

3.7 Module 7: Rural Development ….............................................................................................38

3.8 Module 8: Project Planning & Analysis ……………………………………………………………………….…………43

3.9 Module 9: Natural Resource & Environmental Economics......................................................46

3.10 Module 10: International Economics …………………………………………………………...…………….………50

3.11 Module 11: Seminar on Topics of Development Economics …………………………………………………56

3.12 Module 12: Master's Thesis ……………….................................................................................58

3.13 Module 13: The common Module .....................................................……….….…………………….59

4. Module Distribution by Semester....................................................................................................65.

5. Resource Requirement....................................................................................................................68

6. Quality Assurance ..........................................................................................................................68


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1) CURRICULA TEAM Please list all involved persons in curriculum development of this specific programme:

Name Position Email Telephone Ato. Aklilu Amiga Lecturer [email protected] 0911634534 Belay File (Dr.) Assistance

professer [email protected] 0911456189

Ato Nahu Asteray Lecturer [email protected] 0911320664 Ato. Tesfaye Chofana Lecturer [email protected] 0912000344 W/r Hibret Nigussie Lecturer [email protected] 0911812025





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2) PROGRAM DESCRIPTION 2.1 GENERAL DATA Abbreviation DEM Prerequisites & Requirements

An applicant for admission to the MSc in Development Economics must meet the

following academic requirements:

The applicant must possess a Bachelor degree in Economics or

Agricultural Economics, Agri-business, Management, Statistics or any

related qualification from recognized University or College.

Applicants also need to have a sufficient background in economic

sciences (Principles of Microeconomics and Macroeconomics courses

and also Basic Mathematics)

Must have had a minimum of two years experience in the Public Service

after graduating at first degree level

Must successfully pass the entrance exam of the University.

Be a civil servant and recommended by the employer

Age of the candidate should not exceed 45 years

Must follow the application procedure determined by the Admission

Office

Profile Master Degree Master of Science in Development Economics (የማስተርስ ሳይንስ ዲግሪ

በልማት ምጣኔ ሀብት) Frequency of Offer Programme starts every year Prospective Employment Opportunities

1. Advice in designing and implementation of development policies

2. Participate actively in policy formulation, implementation and

evaluation

3. Assess the impact of development programs/projects

4. Involve in bringing social and institutional changes to realize the goal of

self sustainable development.

5. Provide consultancy services in Development Economics areas

6. Evaluate and monitor development projects

7. Identify, formulate and appraise development projects;

8. Implement government policies and strategies;

9. Play a leadership and a coordination role in team works for

development activities;

10. Participate actively in policy formulation, implementation and

evaluation; and

11. Help in bringing social and institutional changes to realize the goal of


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self-sustainable development

In general graduates of these program can be employed by

• Federal government Offices

• Regional government Offices

• International and local NGOs which work on development and

• Private companies

2.2 DESCRIPTION OF RATIONAL AND OBJECTIVES OF THE PROGRAM

The main purpose of this program is to strengthen Ethiopian educated human resources in specialized theoretical and applied development policy areas concerned with developing countries like Ethiopia. The program intends to provide necessary theoretical and practical knowledge for analyzing issues pertaining to Ethiopia’s development needs, opportunities and constraints. The contribution of this program will be critical as Ethiopia needs development economists with adequate knowledge , skill and attitude in order to fulfill the vision off becoming a middle income country in the coming few decades.

More specifically, this program has the following objectives: • Providing graduates with the theoretical knowledge, policy awareness, problem solving research

techniques and skills to tackle many of the challenges relating to economic development of the country.

• Enabling graduates to have a good grasp of contemporary debates and policy-making in major areas of development.

• This will enable them to actively participate in decision-making on policies designed to promote sustainable development in the country

• Improving graduates’ insights and abilities to recognize and resolve economic policy issues in a methodologically sound and effective manner and

• Strengthening graduates’ capacity for evaluating policy options of the country against the background of the contemporary development theories and practices.

In short this program is designed based on the strategic needs of the nation to have effective and efficient civil servants in the area of development policy formulation and implementation.


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2.3 PROFESSIONAL PROFILE After the completion of the program, a graduate is expected to effectively and efficiently perform the following activities:

• Design and appraise development and research projects;

• Participate actively in policy formulation, implementation and evaluation;

• Undertake scientific researches to assess development issues and to suggest policy options ;

• Provide consultancy services in development economics areas;

• Play a leadership and a coordination role in team works for development

• Help in bringing social and institutional changes to realize the goal of self-sustainable development ; and

• Become an academician in relevant areas at undergraduate levels

2.4 EXIT-LEVEL-OUTCOMES At the end of the program, the graduate will be able to:

• Apply research methods and econometric tools in conducting scientific research in the area of

Development Economics

• Design Development Projects

• Analyze contemporary development theories and Models in the Ethiopian context.

• Apply Agriculture and Rural development policies and strategies at national, regional and local level

• Evaluate the effects of Macroeconomic policies on major macroeconomic variables such as

unemployment, inflation

• Annalyse contemporary natural resource and environmental issues.

• Evaluate international trade and finance policies

• Carry out consultancy services in areas of development economics

• Develop input for policy design.

• Play a leadership and a coordination role in team works for development.

• Contribute in bringing social and institutional changes to realize the goal of self-sustainable

development.

2.5 TOTAL ECTS OF THE PROGRAM The total ECTS of the program is 101.


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2.6 GRADUATION REQUIREMENTS Potential graduates will be presented to the University’s Senate for approval. The candidate must satisfy the following requirements to qualify for M.Sc degree in Development Economics.

1) The candidate must attain a cumulative grade point average (CGPA) of 3.00 (“B”) by completing all modules.

2) The candidate must write and defend an acceptable master’s thesis in areas of Development Economics and obtain a minimum of satisfactory grade in the scales of Excellent, Very good, Good, Pass/ Satisfactory, or fail/unsatisfactory

2.7 STAKEHOLDERS Individual Clients Civil Servants

Institutional Clients Ministries, Commissions and Authorities at Federal level and Regional States

Other important stakeholders

Ministry of Civil Service, FDRE, City Administrations


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3 MODULE DESCRIPTION

3.1 MODULE 1: ADVANCED MICROECONOMICS

3.1.1 GENERAL DATA Module Number DEM 4011

Module Title Advanced Microeconomics

Module description This is a graduate-level module in economic theory, covering the fundamental aspects of microeconomic theory that are required to analyze real world economic problems and formulate models to explain the behaviors of households, firms and markets, and evaluate policies. Topics to be covered include the theory of the firm, consumer behavior, general equilibrium, uncertainty, game theory, and information economics.

Mathematical tools will be used extensively in order to clearly and concisely present economic ideas. Candidates will be expected to read the relevant material before classes, since the module demands analytical exercise.

This mode will enable students to comfortably work out standard problems in economic theory using mathematical techniques and methods. Moreover, they will be able to develop models appropriate for different economic problems, present them in mathematical form, derive implications of maintained assumptions, analyze changes in model structure, and extend models to more complicated situations.

Module image

Module Level Masters

Abbreviation DEM4011

Subtitle -

Duration in Semesters One semester

Frequency Offered every year

Language English

ECTS 6


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3.1.2 WORKLOAD

Contact Hours 60

Self-Study Hours 120

Total Hours 180

3.1.3 ASSESSMENT Description It is a continuous assessment. Students will be evaluated on the basis of their

ability to analyze problems in Microeconomics. They are expected to demonstrate competence in a variety of ways, including written exam, problem set and in-class exercises. Students will be assessed 5 times in 15 weeks duration including final exam. The following evaluation instruments will be used:

a) Problem sets -there will be 2 problem sets during the semester, where 1 is group assignment and 1 is individual assignment. All together accounting for 30% of the total mark

b) 2 Tests account for 20% of the total mark c) Critical Review of the literature 10% d) Final Exam accounts for the remaining 40 percent

Examination Types Written exam and oral presentation Examination Duration 180 minutes Assignments Readings, exercises, review of article/s and problem set

Repetition A student will repeat a course as per the policy of the university

3.1.4 DESCRIPTION Learning Outcomes By the end of this module, students will be able to:

Use microeconomic tools in microeconomic analysis. Explain key microeconomic theories and principles that help to

understand the behavior of economic units. Apply principles of game theory in choosing strategies Critically understand general equilibrium theory to explain production,

consumption and prices in the entire economy. Explain the effect of information asymmetry on market outcomes. Evaluate journals and other scholarly literatures in the area of

microeconomics. Predict the effect of microeconomic policies on different economic

units. Design microeconomic policies of economic agents

Prerequisites No

Content Unit 1. Consumer Theory The notion of a consumption set The notion of a feasible set Preference relation & representation Indifference Curve Approach


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Revealed Preference Approach Demand and supply

Unit 2. Producer Theory Introduction and Production Relations Production Set and Technology Profit – Maximization

Unit 3. Theory of costs Cost – minimization Duality in Production Short-run & Long-run Equilibrium

Unit 4. General Equilibrium Analysis &Welfare Definitions, Key terms & Concepts The Warlasian System The number of equations

o Existence, uniqueness and stability of equilibrium o A graphical treatment of general equilibrium model

The Pareto Criterion for Social Welfare Alternative Welfare Criteria

o Growth of GDP as criterion of welfare o Bentham’s criterion o Cardinalist criterion o Kaldor-Hicks ‘comensation criterion o Bergson criterion

Equity and Efficiency

Unit 5. Market Structure Perfect market structure Monopolistic competition Oligopoly Monopoly Market failure

Unit 6. Strategic Behavior and Game Theory Definitions, Key terms and Concepts Type & Form of Games

o Dominant strategies o Nash equilibrium o Mixed strategies o Repeated games o Sequential games & entry deterrence

Solutions & Applications Unit 7. Economics of Information

Definition, Key Terms and Concepts Problems Due to Asymmetric Information

o Adverse Selection in Markets o Moral Hazard Problem

Response to Asymmetric Information Problem Learning & Teaching Methods

Lectures, Exercises, Group Works and Discussions, and Individual Assignments.

Media Readers, PPT and Worksheets

Literature Text Books:

Compluseory texts

1. Geoffrey A. Jehle and Philip J. Reny, Advanced Microeconomic Theory, second edition, New York: Addison Wesley 2001


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2. Gravelle, H and R. Rees, Microeconomics, second edition, London: Longman, 1992.

3. Kreps D. A Course in Microeconomics Theory, 1990 4. Varian, H.R. Microeconomic Analysis, 3rd edition, New York: W.W.

Norton & Company, 1992 Required reading

Mas-Colell, Andreu, M. Whinston, and J. Green, Microeconomic Theory, Oxford University Press, 1995.

3.1.5 ORGANISATIONAL DATA Responsible Persons Dr. Negussie (Assistant Professor) email: [email protected], Phone no. 0911

892049 and Ato Aklilu (Lecturer) email: [email protected], Phone no. 0911634534

Teaching Sessions The total number of lecturing hours is 45. The session titles are as mentioned below:

1. Consumer Theory (9 hours) • Indifference Curve Approach • Revealed Preference Approach • Recent Developments • Inter-temporal Consumption

2. Producer Theory (9 hours) • Production Set and Technology • Profit – Maximization • Cost – minimization • Duality in Production • Short-run & Long-run Equilibrium

3. Choice Theory (6 hours) • The notion of a consumption set • The notion of a feasible set • Preference relation & representation • Behavioral assumption

4. General Equilibrium Analysis (8 hours) • Efficiency in Consumption • Efficiency in Production • General Equilibrium

5. Market Structure (6 hours) • Perfect market structure • Monopolistic competition • Oligopoly • Monopoly • Market failure

6. Strategic Behavior and Game Theory (7 hours) Concepts Type & Form of Games Solutions & Applications

7. Economics of Information (6 hours) • Introduction


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• The Principal - Agent Framework • Moral Hazard Problem • Adverse Selection in Markets • Efficiency Wage Model

Programmes Master of Development Economics Interconnect-ability Provides foundation to other modules

3.2 MODULE 2: ADVANCED MACROECONOMICS


Module Title Advanced Macroeconomics

Module description The ultimate goal of macroeconomics is to provide theoretical models that are genuinely useful for explaining the evolution of the whole economy. In particular, macroeconomic models should be a useful tool in aiding the formulation and evaluation of macroeconomic policy. Macroeconomics provides answers to important questions that affect everyone’s life. Knowing the answers that macroeconomics provides for these questions are a prerequisite for a thorough understanding of today’s economic events. After providing a review of some basic introductory concepts used in macroeconomics, the course will examine appropriate macroeconomic issues of concern including growth, price stability, and full employment. Various theories and models aimed at explaining business cycles, the theory and practice of stabilization policy, the linkages between fiscal policy and public debts as well as those between monetary policies and inflation, consumption theories, and long term issues related to economic growth will be discussed in detail.

Module image

Module Level Masters Abbreviation DEM 4021 Subtitle Duration in Semesters One Semester Frequency Offered every year Language English Mode of delivery Face-to-face


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ECTS 6

3.2.2 WORKLOAD Contact Hours 60 Self-Study Hours 120 Total Hours 180


ability to analyze problems in Macroeconomics, seminars and presentations. They are expected to demonstrate competence in a variety of ways, including written exam, presentations and in-class exercises. The following evaluation instruments will be used:

a) Two problem sets, where 1 is group assignment and 1 is individual assignment. All together accounting for 30% of the total mark

b) Seminar (1), group assignment account for 10% of the total mark c) Test (2) 20% d) Final Exam accounts for the remaining 40 percent. Where 50% consists

of theoretical and 50% calculations. Examination Types Written exam and oral presentation Examination Duration 180 minutes Assignments Literature review and problem sets

Repetition A student will repeat a course as per the policy of the university.

3.2.4 DESCRIPTION Learning Outcomes On successful completion of the module, students will be able to:

Analyze how the aggregate demand, supply and price of

factor inputs are determined in different market structures Describe the relationship between Money supply and inflation both in

the short run and long run. Analyze inflation- unemployment trade off both in the short-

run and longrun Apply different models of aggregate supply to estimate and

forecast aggregate factor input supply in a hypothetical market Analyze the link between input, product and financial

markets by using IS-LM /AS-AD models Explain different types of exchange rate regimes and how they

are determined in an open economy Analyze the relationship between monetary policy and

exchange rate volatility in an open economy Describe the relationship between resource endowment, technological

inequality and economic growth. Predict the effect of exchange rate fluctuation on Balance of payment

account of a given economy. Analyzing the relationship among consumption, investment and

unemployment. Participate and contribute positively in the formulation, implementation

and evaluation of the macroeconomic policy of the country. Prerequisites No


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Content PART I- INTRODUCTION 1.1. The Science of macroeconomics 1.2. data of macroeconomics PART II- CLASSSICAL THEORY: THE ECONOMY IN THE LONGRUN 2.1. National Income: Where it comes from and where it goes 2.2. Money and Inflation 2.3. The open economy 2.4. Unemployment PART III- GROWTH THEORY:THE ECONOMY IN THE VERY LONG RUN 3.1. Economic growth I: Capital Accumulation and Economic growth 3.2. Economic growth II: Technology, empirics and policy PART IV- BUSINESS CYCLE THEORY: THE ECONOMY IN THE SHORTRUN 4.1. Introduction to economic fluctuation 4.2. Aggregate Demand: Building and Applying the IS/LM Model 4.3. The open economy revisited: the Mundell-Fleming Model and the exchange rate regime 4.4. Aggregate supply and the short-run tradeoff between inflation and unemployment 4.5. A dynamic model of aggregate demand and aggregate PART V- MACROECONOMIC POLICY DEBATES 5.1. Stabilization policy 5.2. Government debt and budget deficit PART VI- MORE ON MICROECONOMICS BEHIND MACROECONOMICS 6.1. Consumption 6.2. Investment 6.3. Money supply, money demand and the banking system

Learning & Teaching Methods

Lectures, Exercises, Discussions Specifically, the teaching learning process is expected to conform to the three forms: Interactive, self-learning and collaborative learning.

Media Readers, PPT printouts, handouts

Literature Core Learning Materials Gregory Mankiw (2010), Macroeconomics, 7th Edition, Worth

Publishers, 2010. Romer, David (2006), Advanced Macroeconomics 3rd edition,

McGraw-Hill. Obligatory Text Books

Abel, A.B.,B.S.Bermanke and R.D.Kneebone(2008) Macroeconomics, 5th or 6th Canadian edition, Pearson, Addison Wesley.

Frederick S. Mishkin (2012), Macroeconomics Policy and Practice, Addison-Wesley.

Heijdra Ben J. and Frederick van der ploeg. 2002, The foundations of Moder Macroeconomics (UK: Oxford University Press)—HB

Snowdon,B., and Vane H. R.(2005), Modern Macroeconomics Its Origins, Development and Current State, Edward Elgar.

Dornbush, Fisher and Stanley (2008), Macroeconomics, Mc-Graw Hill Further Reading Materials

Anderson,D.,and Ray,M.(2011), Krugmans Macroeconomics For AP*, Worth Publisher,New York.

Baumol,J.W., and Blinder,S.A.(2009),Macroeconomics Principles and Policy,11th Edition,South-Westeren Cengage Learning,USA.

Sachs, J.D.and F. Larrain (1993) Macroeconomics in The Global Economy,


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Anderson,R., and Kenny,G.(2011), Macroeconomic Performance in A Globalizing Economy, Cambrigdge University Press,New York.

Arnold,A.R.(2008), Macroeconomics,9th edition, South Western Cengage learning publisher,USA.

P. Birch Sorensen and H. J. Whitta-Jacobsen, Introducing Advanced Macroeconomics: Growth and Business Cycles, Mc Graw Hill, 2005

Raghbendra (2003), Macroeconomics for Developing Countries,2nd edition,RoutledgePublisher,London and New York.

Williamson, S. (2007) Macroeconomics. 2nd Canadian edition, Pearson, Addison Wesley.

3.2.5 ORGANISATIONAL DATA Responsible Persons

Name-Nahu Asteraye; E-Mail- [email protected]; Phone- 0911-320664 And Name-Eyayu Tesfaye; [email protected]; Phone- 0913-034147

Teaching Sessions

The module is planned to be covered within 15 weeks. The total lecture hours are 45.The sessions contents to be covered and mode of delivery are presented as follows.

Week/s Sessions Content to be covered Mode of Delivery

Identifier

Week 1 Session 1 The Science of Macroeconomics and Data of Macroeconomics

Lecture and reflections

M-001 Page(3-40)

Week 2 Session 2 National Income: Where it comes from and where it goes

Lecture and Reflections

Week 3 Session 3 Money and Inflation Lecture, discussion Reflection

M-002 page (496-558) and M-001 page (80-116)

Week 4 Session 4 The Open Economy macroeconomics

Lecture, Reflection

M-001 page (119-161)

Week 5 Session 5 -Unemployment -Economic Growth I: Capital Accumulation and Population

Lecture, Discussion

M-002, page (5-47) , M-001, page (191-218)

Week 6 Session 6 Economic Growth II: Technology, Empirics and Policy

Lecture, reflection

M-001 page (221-252)

Week 7 Session 7 -Introduction to economic fluctuation

Lecture, reflections

M-002 page (174-221), M-001, page (257-283)




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Week 8 Session 8 -Aggregate Demand: Building and Applying the IS/LM Model

Lecture discussion

M-001 page (287-335)

Week 9 Session 9 -The open economy revisited: the Mundell-Fleming Model and the exchange rate regime

Lecture, reflection and discussion

Week 10 Session 10 Aggregate supply and the shortrun tradeoff between inflation and unemployment -A Dynamic Model of Aggregate Demand and Aggregate Supply

Lecture, Reflection and discussion

M-001, page (379-439)

Week 11 Session 11 -Stabilization policy Lecture, discussion

M-001, Pages (445-463)

Week 12 Session 12 -Government debt and budget deficit

Lecture, discussion

M-002 page (559-618), M-002, page (467-490)

week 13 Session 13 -Consumption -Investment

Lecture , reflection

M-002 page, (346-436), M-001, Page (495-544)

week 14 Session 14 -Money supply, money demand and the banking system

Lecture and discussion

M-001 (547-564)

week 15 Session 15 -Money supply, money demand and the banking system

Lecture and Reflection

M-001 page (576-574)

Programmes Master

Interconnect-ability

Connected to all other modules


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3.3 MODULE 3: MATHEMATICAL ECONOMICS

3.3.1GENERAL DATA Module Number DEM 4031

Module Title Mathematical Economics Module description This module is mainly focused for those students of economics intent on learning the

basic mathematical methods that have become indispensable for a proper understanding of the current economic literature. More advanced economic concepts require a broad set of mathematical skills. This module presents the mathematics required for studying economics at post graduate master level. Because of the substantial number of illustrative economic models-mostly both macro and micro appearing here, this module will be use full also to those who are already mathematically trained but who still need a guide to usher them from the realm of mathematics into the land of economics. The focus of the module is also to teach the mathematical tools that are of central importance in economics in the context of more of economic examples. It is all about the application of mathematics on economic issues. In this module, the following major types of economic analysis are covered: static (equilibrium analysis), dynamics, and mathematical programming (as a modern development of optimization). To tackle these, the following mathematical methods are introduced in due courses: matrix algebra, differential and integral calculus, differential calculus, difference equations.


Module image

Abbreviation DEM 4031

Subtitle - Duration in Semesters One semester Frequency Offered every year Language English ECTS 5



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3.3.3 ASSESSMENT Description Assessment type is continuous. Students will be evaluated on the basis of their

ability to analyze quantitative problem in economics. They are expected to demonstrate competence in a variety ways, including written examinations, problem set and doing class exercise. They will be assessed 6 times including final examination in 16 weeks duration. First mode of assessment will be two group assignment and one individual assignment worth 30% of the total marks. The second mode of assessment will be two tests or exercise worth 30 % of the total mark. Each student will be asked to solve a problem in class. The third assessment will be final examination for 40 marks. Group works within and between groups on their skills to solve the practical problem.

Examination Types Written exam and workout questions

Examination Duration 180 minutes

Assignments There will be one Individual and two group work assignments. Assignments will focus on problem solving questions and more of application of mathematical tools on the real worlds

Repetition A student can repeat a course as per policy of the University

3.3.4 DESCRIPTION Learning Outcomes At the end of the module, the student will be able to :

Explain the application of basic mathematical tools in economic

analysis; Apply various mathematical tools (such as matrix algebra, differential

calculus, integral calculus, and linear programming) to show and solve the relationship among economic variables;

Apply optimization techniques and apply them to real economic problems;

Evaluate the working knowledge of the basic mathematics of development economics;

Apply deductive reasoning to initiate convincing research projects and programs

Prerequisites No prerequisite as far as the students admitted for MSc in development economics

Content Unit one: Introduction to Mathematical Economics 1.1. The Nature of Mathematical Economics 1.2. Mathematical Framework of Economic Analysis 1.3. Some Basic Terms in Mathematical Economics Unit Two: Systems of Equation and Linear Algebra 2.1. Fundamental of Linear (or Matrix) Algebra 2.2. Matrix Expression of a System of Linear Equations 2.3. Economic Application of Matrix and Linear Algebra 3. Differential Calculus 3.1. The Concept of Limits 3.2. Continuity and Differentiability of a Function 3.3. Univariat Differentiation 3.3.1 The concept of Derivatives 3.3.2 Rules of Derivatives and First Order Derivatives 3.3.3 Second and Higher Order Derivatives


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3.4. Multivariate Differentiation 3.4.1 Functions of Several Variables and Partial Derivatives 3.4.2 Digression on Jacobian Determinants 3.4.3 Rules of Partial Differentiation 3.4.4 Digression of Hessian Determinants 3.4.3 Total Differentials 3.4.6 Differentiation of Implicit Functions Unit Four :Optimum Values and Optimization 4. 1 Identifying Extreme Values for Univariate Functions 4. 2 First Order Condition 4.3 Second Order Condition 4.4. Identifying Extreme Values for Multivariate Functions 4.4.1 First Order Condition 4.4.2 Second Order Condition 4.5. Optimization with equality constraints (The Lagrange Multiplier Method) 4.6 Optimization with inequality constraints (Kuhn-Tucker Conditions) Unit Five: Integral Calculus 5.1 Concept of Integration 5.2 Rules of Integration 5.3 Integration by Substitution and Parts 5.4 Economic Applications Unit Six: Liner Difference and Differential Equations 6.1 Difference Equations 6.1.1 First Order Difference Equations 6.1.2 Second Order Difference Equations 6.1.3 Economic Applications 6.2 Differential Equations 6.2.1 First Order Difference Equations 6.2.2 Second Order Difference Equations 6.2.3 Economic Applications Unit Seven: Dynamic Optimization 7.1 Discrete Time Dynamics 7.2 The Theory of Optimal Control 7.3 Calculus of Variation 7.4 Current Value Hamiltonian


Lectures, Exercises, Class and Home Work (Exercises) and peer discussions

Media Reader, Class room Presentation, PPT printouts and Worksheets Literature Klein, Michael W. (2002) Mathematical Methods for Economics (2nd Ed.).

Addison Wesley Series in Economics Chiang, Alpha C. (1984) Fundamental Methods of Mathematical Economics,

(3rd Ed.). McGraw-Hill Inc. Novshek, William (1993) Mathematics for Economists. Academic Press Inc.

Hands, Wade D. (1991) Introductory Mathematical Economics. D.C Heath and Company

3.3.5 ORGANISATIONAL DATA Responsible Persons Mesere Molla and Kokeb G/giorgis

The module is planned to be covered within 15 weeks. The total lecture hours


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Teaching Sessions

are 45. The modes of delivery for each session are lectures, exercises, reflections

and peer discussions and group works.

Session One: Introduction about the module ( 2 hrs )

Session Two: Introduction to Mathematical Economics ( 1 hr )

Session Three: Systems of Equations and Matrix Algebra ( 2 hrs )

Session Four: Further Topics in Matrix Algebra ( 2 hr )

Session Five: An Introduction to Differential Calculus ( 3 hrs )

Session Six: Univariate Calculus ( 3 hrs )

Session Seven: Multivariate Calculus ( 3hrs )

Session Eight: Extreme Values of Univariate Function ( 3 hrs )

Session Nine: Extreme Values of multivariate Function ( 3 hrs )

Session Ten: Constrained Optimization ( 3 hrs )

Session Eleven: Integral Calculus – concept and rules ( 3 hrs )

Session Twelve : rules and application ( 3 hrs )

Session Thirteen : Difference Equations ( 3 hrs )

Session Fourteen: Differential Equations (3 hrs )

Session Fifteen : Economics Application ( 3 hrs )

Session Sixteen : Dynamic Optimization – Discrete time dynamics and theory of

Optimal control ( 3 hrs )

Session Sixteen : Calculus of variation ( 3 hrs )

Final Examination

Programmes Master of Development Economics

Interconnect-ability Provides foundation to other modules


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3.4 MODULE 4: DEVELOPMENT ECONOMICS


Module Title Development Economics Module description

This compulsory module acquaints students with the dominant theoretical approaches to development economics and to a selection of contemporary issues in development. It consists of 6 units. The spotlight is on understanding, explaining, analyzing, comparing and applying development and growth theories; poverty, inequality, coordination failure their application in solving real development challenges; and other aspects of development. There is a second semester module called “Development Economics-II” requiring successful completion of this particular module as a prerequisite. The module focuses on creating a theoretical foundation for the subsequent module that manly covers the empirical and policy aspects of development economics.

Module Level Master


Module Image

Subtitle

Duration One semester Frequency Offered Every year Language English Mode of delivery Face-to-face ECTS 9


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3.4.2 WORKLOAD Contact Hours 90


Total Hours 270

3.4.3 ASSESSMENT Description The module employs a continuous assessment method. Students’ performance

will be evaluated on the bases of their ability to describe, explain, compare, apply and analyze issues in Development Economics. Students are required to demonstrate competence in a variety of ways, including written exam, presentations, group work, and in-class exercises and homework. The following evaluation methods will be used: a) Test =15 percent b) Group work and presentation = 50 Percent ( 15 percent for presentation and 35 percent for writing group term paper) c) Final Exam = 35 percent. (Where 90 percent analysis and application questions) thereby verifying if students have acquired high cognitive level knowledge and skills.

Examination Types Written and oral presentation

Examination Duration The final exam takes 2hours and the test 50 minutes.

Assignments Students are supposed to review journal articles in groups. Each student is required to make a presentation of sections of the group work before class. Making individual presentation will help to avoid free rider problem in group works. A question and answer session and interactive lecture will help verify students’ follow-up of the course work. A group will be formed of 5 students with a random selection by the instructor.

Repetition As per the university’s policy on repetition

3.4.4 DESCRIPTION Learning Outcomes Up on completion of this module students should be able to:

1. Compare economic growth and development, their diverse dimensions

and measurement techniques 2. Explain major economic growth and development theories and models 3. Evaluate the theories and models from developing countries’ existing

circumstances 4. Apply growth and development theories to evaluate contemporary

development issues. 5. Identify drivers in economic development 6. Analyze the nexus between economic growth, inequality and poverty. 7. Advise how contemporary developing countries should proceed to realize

success in development 8. Critically evaluate development success stories, failures and the lessons

learned Prerequisites Basic knowledge of Microeconomics, Macroeconomics and

Quantitative Methods


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Content UNIT 1: Introduction to Economic Development and Growth:

1.1 World development patterns and disparities

1.2 Concept of economic growth and development

1.3 Characteristics of underdevelopment

1.4 Measurements of economic growth and development

1.5 Core Values and Objectives of Development

1.6 The basic concepts of growth models and theories

UNIT 2: Classic and Neoclassical Theories of Economic Growth and Development

2.1 The classical (Harrod-Domar) growth model

2.2 The neoclassical (Solow-Swan) growth model

UNIT 3: New (endogenous) Growth Theories

3.1 Concepts of endogenous growth theories

3.2 Human capital and endogenous growth

3.3 Technical progress in the new growth theories

UNIT 4: Structural-Change and Dual Economy Models

4.1 Rostows’s Theory of Development

4.2 Labor surplus and migration models (Lewis, Todaro)

4.3 Kaldor’s Growth Laws

4.4 Dualism, Center-Periphery models and the process of cumulative causation

(Myrdal, Prebish, Seers and Kaldor)

4.5 Theories of dependence and unequal exchange

UNIT 5:Multiple Equilibria, Coordination Failure and Strategies of Economic

development

5.1 Complementarities, multiple equilibria, and coordination failure

5.2 Increasing returns, multiple equilibria, and coordination failure

5.3 Social norms, status quo, and multiple equilibria

5.4 Strategies of economic development (balanced vs unbalanced paths (Nurkse,

Hirschman)

Unit 6: Poverty, Inequality and Social Welfare

6.1 Poverty: concepts and measurements

6.2 The functional impacts of poverty

6.3 Inequality: concepts and measurements

6.4 Linkage between economic growth, inequality and poverty

Unit-7. Human Capital and Development 7.1 Educational Systems and Development 7.2 Fertility


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7.3 Child Labor 7.4 Population growth, migration and development 7.4.1 Population growth and Development 7.4.2 Labor markets Unit 8: Conflict, Gender, natural environment and development 8.1 Conflict and economic development 8.2 Natural environment and Economic development 8.3 Gender and Development 8.4 HIV/AIDS and Development


Interactive lecture and self learning tools will be used. Students will present a

synthesis of selected articles and development reports in groups. They should

also submit the synthesis report to the instructor. Class room exercises,

discussions, homework, colloquium etc. will also be used

Media Readers and PPT printouts

Literature Textbooks

• Ray, D. (1998). Development Economics, Oxford University Press. • Perkins, D.H, S. Radelet and D.L. Lindauer (2006). Economics of

Development (6th ed.) W.W. Norton & Co. New York and London. • Thirlwall, A.P. (2006) Growth and Development: With special reference

to developing economies (8th ed.). Palgrave, Macmillan • Todaro, M.P. and S. Smith (2006 or 2009) Economic Development (9th

ed. or 10th ed.) Pearson Education Ltd.

Supplementary Books

Perkins, D.H, S. Radelet and D.L. Lindauer (2006). Economics of Development (6th ed.) W.W. Norton & Co. New York and London.

Thirlwall, A.P. (2006) Growth and Development: With special reference to developing economies (8th ed.) Palgrave, Macmillan

Kingsbury, D., J. Remenyi, J. McKay, and J. Hunt (2004) Key Issues in Development. Palgrave McMillan

Meier, G.M. and J. Stiglitz (eds.) (2001) Frontiers of Development Economics: The Future in Perspective. Oxford University Press

Nelson, R.R. (2005) Technology, Institutions and Economic Growth. Harvard University Press.

Meier, G. M. and J.E. Rauch (2005). Leading Issues in Economic Development (8th ed.), Oxford University Press, New York, Oxford Related journal articles

Dani Rodrik, GROWTH STRATEGIES,NBER WORKING PAPER SERIES, Working Paper 10050, NATIONAL BUREAU OF ECONOMIC RESEARCH,Cambridge, MA 02138,October 2003 http://www.nber.org/papers/w10050

Ryuzo SatoReviewed work(s):THE HARROD-DOMAR MODEL VS THE NEO-CLASSICAL GROWTH MODEL, The Economic Journal, Vol. 74, No. 294 (Jun., 1964), pp. 380-387Published by: Wiley-Blackwell for the Royal Economic Society Stable URL: http://www.jstor.org/stable/2228485

Erich GundlachReviewed work(s).SOLOW VS. SOLOW: NOTES ON IDENTIFICATION AND INTERPRETATION IN THE EMPIRICS OF GROWTH ANDDEVELOPMENT, Review of World Economics / Weltwirtschaftliches Archiv, Vol. 141, No. 3 (Oct.,2005), pp. 541-556Published by: Springer

http://www.nber.org/papers/w10050

http://www.jstor.org/stable/2228485


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Stable URL: http://www.jstor.org/stable/40441063 Nazrul IslamReviewed work(s).NEW GROWTH THEORIES: WHAT IS IN

THERE FOR DEVELOPING COUNTRIES? The Journal of Developing Areas, Vol. 38, No. 1 (Autumn, 2004), pp. 171-212Published by: College of Business, Tennessee State University Stable URL: http://www.jstor.org/stable/20066701

Jonathan Temple and Ludger WößmannReviewed work(s). DUALISM AND CROSS-COUNTRY GROWTH REGRESSIONS. Journal of Economic Growth, Vol. 11, No. 3 (Sep., 2006), pp. 187-228Published by: SpringerStable URL: http://www.jstor.org/stable/40216104

Henning Bohn and Gary Gorton Reviewed work(s). COORDINATION FAILURE, MULTIPLE EQUILIBRIA AND ECONOMIC INSTITUTIONS. Economica, New Series, Vol. 60, No. 239 (Aug., 1993), pp. 257-280Published by: Wiley-Blackwell on behalf of The London School of Economics and Political Science and The Suntory and Toyota International Centers for Economics and Related Disciplines Stable URL: http://www.jstor.org/stable/2554851 .

Gerald M.Meier and Joseph E. Stiglitz (ed.). FRONTIERS OF DEVELOPMENT ECONOMICS: THE FUTURE PERSPECTIVE. A co-publication of the World Bank and Oxford University Press.

M. N. Islam and Matthew ClarkeReviewed work(s).THE RELATIONSHIP BETWEEN ECONOMIC DEVELOPMENT AND SOCIAL WELFARE: A New Adjusted GDP Measure of Welfare Author(s): Sardar Source: Social Indicators Research, Vol. 57, No. 2 (Feb., 2002), pp. 201-228Published by: SpringerStable URL: http://www.jstor.org/stable/27526990

3.4.5 ORGANISATIONAL DATA Responsible Persons Gashaw Tsegaye , [email protected],+251(0)116463004(Office) or

+251(0)918787482(cell phone), Teaching Sessions Week Session (S) Content to be covered Mode of Delivery Identifier

W-1

S-1 Introduction: -Instructor and the students getting to know each other. -Introduction of the module

Discussion C-001

S-2

Unit-1, Subsection 1.1 Interactive Lecture

M001 Page 2-13 -World Development Patterns

and Disparities

W-2

S-1 -Characteristics of under development

Group work & Presentation C002

S-2 -Explanation of students’ group term paper, forming groups, explaining the writing technique and evaluation method ( sufficient tips will be given on the writing format of article review)

Interactive lecture A-001

S-1

Unit-1 subsections: 1.2 Concepts of Economic, Growth & Development 1.3 Measurements of economic growth & development 1.4 Core Values and Objectives

Interactive Lecture M001 page 14-23





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W-3

of Development 1.5 The basic concepts of growth models and theories

S-2 -Exercise and Feedback on the process

Exercise & feedback on the process C-003

W-4

S-1 Unit-2 subsection: 2.1. The classical (Harrod- Domar) growth model

Interactive lecture M002 page 51-63

S-2 -exercise, Feedback on the process and homework on Subsection 2.1

Exercise & feedback C-004

W-5

S-1 Unit-2 subsection: 2.2. The neoclassical (Solow-Swan) growth

Interactive lecture

M002 page 64-97

S-2 Unit-2 subsection: 2.2. The neoclassical (Solow-Swan) growth model continued

Interactive lecture

M002 page 64-97

W-6

S-1 -exercise, Feedback on process Subsection 2.2

Exercise & feedback

C-005

S-2 -exercise, Feedback on process Subsection 2.2

Exercise & feedback

C-005

W-7

S-1 Group-1 presentation -Dani Rodrik, GROWTH; STRATEGIES WORKING PAPER SERIES

Presentation Feedback

A-001

S-2 Group-2 presentation -Ryuzo Sato Reviewed work(s): THE HARROD- DOMAR MODEL VS THE NEO-CLASSICAL GROWTH MODEL -Erich Gundlach Reviewed work(s).SOLOW VS. SOLOW: NOTES ON IDENTIFICATION AND INTERPRETATION IN THE EMPIRICS OF GROWTH AND DEVELOPMENT


A-001

W-8

S-1 UNIT 3: New (endogenous) Growth Theories 3.1 Concepts of endogenous growth theories

Interactive Lecture

M002 page 99 to 129

M001 page 150 to 154

S-2

UNIT 3: New (endogenous) Growth Theories 3.2 Human capital and endogenous growth 3.3 Technical progress in the new growth theories

Interactive Lecture

M002 page 99 to 129 M001 page 150 to 154

W-9 S-1 Group-3 presentation -Nazrul Islam Reviewed work(s).NEW GROWTH THEORIES: WHAT IS IN THERE FOR DEVELOPING COUNTRIES?


A-001

S-2 Test on Unit-1 to 3 Test C006

S-1 Unit 4: Structural-Change and Dual Economy Models -4.1 Rostows’s Theory of Development -4.2 Labor surplus and migration models (Lewis, Todaro) Feedback on the test result

Interactive Lecture

M-001 Page 115-132


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W-10

S-2 Unit 4: Structural-Change and Dual Economy Models -4.3 Kaldor’s Growth Laws -4.4 Dualism, Center-Periphery models and the process of cumulative causation (Myrdal, Prebish, Seers and Kaldor) -4.5Theories of dependence and unequal exchange

Interactive Lecture

M-001 Page 115-132

W-11

S-1

Unit 5: Multiple Equilibria, Coordination Failure and Strategies of Economic development

Interactive Lecture

M-001 Page 155-188

S-2 Unit 5: Multiple Equilibria, Coordination Failure and Strategies of Economic development

Interactive Lecture

M-001 Page 155-188

W-12 S-1 Unit 6: Poverty, Inequality and Social Welfare

Interactive Lecture

M-002 Page 169-290

S-2 Group-4 presentation Feedback on individual and group performance

Presentation A-001

W-13 S-1 Group-5 presentation Feedback on individual and group performance

Presentation A-001

S-2 Group-6 presentation Feedback on individual and group performance

Presentation A-001

W-14 S-1 Group-7 presentation Feedback on individual and group performance

Presentation A-001

S-2 Presentation of paper by an invited senior researcher

Research colloquium

C-007

W-15 S-1 Unit-7. Human Capital and Development

Interactive Lecture

(M001,ch 8)

S-2 Unit 8: Conflict, Gender, natural environment and development

Interactive Lecture

M001, ch 14

W-16 Final Exam

Programmes Masters of Development Economics

Interconnect-ability It is a prerequisite to Development Economics-II module. Besides, the course “Rural Development” shares much of the tools of this particular module.


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3.5MODULE 5: ADVANCED ECONOMETRICS

3.5.1 GENERAL DATA Module Number

DEM 4051 Module Title Advanced Econometrics

Module description This module is mainly focused for those students of economics intent on learning the basic econometric methods/models both micro and macro econometrics that have become indispensable for a proper understanding of the current econometric literature. It is all about the application of econometric on economic issues. In this module, the following major types of econometrics analysis are covered: Simple and Multiple Regression Models: Revision of Estimation and Inferences, On the Violations of the Classical Linear Regression Models (Diagnostic Tests, Specification tests, model selection), Instrumental Variable Estimation, Simultaneous Equation Models, Discrete Choice Models, , Time Series Econometrics. The module will focus the application of the above models to the real research agenda by aiding with recent version statistical software.

Module image

Module Level Masters Abbreviation DEM 4051 Subtitle Subtitle of Module (if any) Duration in Semesters One semester Frequency Offered in the second semester of every academic year Language English ECTS 10

3.5.2 WORKLOAD Contact Hours 100 contact hours without lab and 24 contact hours with lab for 3 hours in every

two weeks Self-Study Hours 200 hours


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Total Hours 300 hours

3.5.3 ASSESSMENT Description Assessment type is continuous. Students will be evaluated on the basis of their

ability to analyze econometric problem in economics. They are expected to demonstrate competence in a variety ways, including written examinations, problem set and doing class exercise. Students are expected to be evaluated based on their performance in doing econometric application problems, tests and practical exercises a) 2 econometric application problems (1 individual and 1 Group work) each worth 20% (total 40%) b) 2 Test each worth 5% (total 10%) c) Test three will be Lab based Practical Exercises using stata and practical data worth 10 % d) Final exam (40%)

Examination Types Written and work out questions

Examination Duration 180 minutes Assignments There will be one Individual and two group work assignments. Both assignments

are focused on problem solving questions and more of application of econometric tools on the real worlds

Repetition A student can repeat a course as per the policy of the university

3.5.4 DESCRIPTION Learning Outcomes After completing this Module, students will be able to:

Understand major micro and macro-econometrics models and their applications designed for the analysis of cross-section, time series and models.

Apply the basic micro and macro-econometrics models in contemporary empirical researches.

Examine procedures for circumventing the often maintained assumption in cross-sectional, time series data

Identify the basic assumption for each model discussed Evaluate contemporary econometric models that are used in economic

research Apply all major micro and macro-econometrics models discussed in

class using STATA software. Prerequisites None Content Unit One: Introduction

Unit Two: Simple and Multiple Regression Models: Estimation and Inferences

Ordinary least-squares (OLS) estimation Maximum likelihood (ML) estimation Tests of model adequacy and tests of significance of regression coefficients

Unit Three: Violations of the Classical Linear Regression Model assumptions Diagnostic tests (multicollinearity, Autocorrelation and heteroscedasticity Specification tests (Dummy variable models, Tests of structural stability)

Unit Four: Simultaneous Equation Models (SEM) Inconsistency of OLS estimators and simultaneity bias Endogenous and exogenous variables Structural form and reduced form of simultaneous equations model Identification problem and formal rules of identification Estimation of Structural Equations (Indirect-least squares (ILS), Instrumental

variables (IV), Two-stage least squares (2-SLS)


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Unit five: Discrete Choice Models (Limited dependent variable models) Introduction Qualitative choice analysis Drawbacks of linear probability models (LPM) latent regression approach (logit and probit models) The maximum likelihood method of estimation of parameters Overview of multiple choice models (multinomial logit/probit, ordinal

logit/probit) Unit six: Time Series Econometrics (unit roots, cointegration and error correction models)

Stationary and non-stationary processes Characteristic equations and unit roots Integrated processes and differencing Random walks, trends and spurious regressions Unit root tests Cointegration and Error Correction Overview of Vector Error Correction Models (VECM)


Interactive teaching learning, self learning, collaborative learning and class room participation

Media Reader, Class room Presentation, PPT printouts and Worksheets

Literature A. Core Reading 1. Wooldridge, Jeffery M. ( 2009), Econometrics, Fourth Edition, Cengage Learning B. Obligatory Reading 1. Wooldridge, Jeffery M. ( 2009), Introductory Econometrics: A Modern Approach, Fourth Edition, South-Western Cengage Learning 2. Wooldridge, Jeffery M. ( 2002), Econometric Analysis of Cross Section and panelData., The MIT Press 3. Greene, William H.(2008): Econometric Analysis, Sixth Edition, Pearson Education Inc. 4. Gujarati, Damodar N. (2003): Basic Econometrics, Fourth Edition, McGraw-Hill 6. Meseret Molla, 2012. Introduction to Stata Manual C. Further Reading 1. Kennedy, Peter (2003): A Guide to Econometrics, Fifth Edition, Blackwell Publishing 2. Koutsoyiannis, A. (1973, 1977, 1997 & 2001). Theory of Econometrics.

3.5.5 ORGANISATIONAL DATA Responsible Persons Mesere Molla; Email: Mesenana_03@yahoo.; Cell-phone: 0911863052

Teaching Sessions The module is planned to be covered within 72 contact hours. The modes of delivery for each session are lectures, exercises, reflections and peer discussions and group works.


Identifier

Week 1 Session 1 Introduction Lecture and Discussion

Module

Session 2 Simple and Multiple Regression Models: Estimation and Inferences

Lecture and Exercise

M001 (13-17, 32-103)


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31

Week 2 Session 3 Ordinary least-squares (OLS) estimation and Maximum likelihood (ML) estimation


M001 (141-153)

Session 4 Tests of model adequacy and tests of significance of regression coefficients


M001 (141-151)

Lab one Session 1 and Session 2

Estimation of simple and multiple regression model, test of significance of regression coefficients using Hypothetical and Practical Data by STATA software

Lecture and practical lab exercise

M001 (63, 109, 135,136,137)

Week 3

Session 5 Violations of the Lecture and discussion

M001 ( 210-231,317)

Classical Linear Regression Model assumptions Session

Session 6 multicollinearity and Autocorrelation Lecture and Exercise

M001 (317)

Week 4 Session 7 Heteroscedasticity Lecture M001 (210-231)

Session 8 Dummy variable models and Exercise Lecture and Exercise

M001 (182-204)

Lab two Session 2 and Session 3

Detecting, investigate the consequence of and taking remedy on assumption of the simple and multiple regression models using Stata software based on hypothetical or practical data


M001 (134)

Doing dummy variable regression model and observe the difference in interpretation of explanatory variable when it is dummy and continuous variable using Stata Software based on hypothetical or practical data

Week 5 Session 9 Tests of structural stability Lecture and discussion

M001 (141-151)

Session `10 Introduction to Simultaneous Equation Models (SEM)


M001 (411-426)

Week 6 Session 11 Inconsistency of OLS estimators and simultaneity bias


M001 (145)

Session 12 Endogenous and exogenous variables Lecture and discussion

M001 (2-3)

Lab three

Session 5 Testing structural Lecture M001 (419-420)

and Session 6

stability and endogienity problem , estimating SEM using STATA software based on hypothetical or practical data

and practical lab Exercise


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Week 7 Session 13 Structural form and reduced form of simultaneous equations model


M001 (411-426)

Session 14 Identification Lecture M001 (411-426)

problem and formal rules of identification

and Exercise

Week 8

Session 15 Estimation of Structural Equations (Indirect-least squares (ILS


M001 (411-426)

Session 16 Instrumental variables (IV) Lecture and Exercise M001 (381-404)

Lab four

Session 7 and Estimate SEM and

performing instrumental variable


M001 (406-407)

Session 8 estimation using STATA software based on hypothetical or practical data

Week 9 Session 17 Two-stage least squares (2-SLS) Lecture and Exercise

M001 (393-397)

Session 18 Introduction to Discrete Choice Models


M001 (431-441)

Week 10

Session 19 Limited dependent variable models Lecture and Exercise

M001 (199-2004

Session 20 Qualitative choice analysis Lecture and discussion

M001 (182-204)

Lab five Session 9 and Session 10

Doing discrete choice models using STATA software based on hypothetical or practical data


M001 (438-440)

Week 11

Session 21 Drawbacks of linear probability models (LPM)


M001 (231-233)

Session 22 Latent regression approach (logit and probit models)


M001 (431-441)

Week 12

Session 23 The maximum likelihood method of estimation of parameters


M001 (433-435)

Session 24 Overview of multiple choice models (multinomial logit/probit, ordinal logit/probit)


M001 (189-192)

Lab six Session 11 and Session 12

Estimating Linear probability Model using STATA Software


M001 (203-204)

week 13 Session 25 Introduction Time Series Econometrics Lecture and discussion

M001 (266-283)

Session 26 Stationary and non- stationary processes


M001 (293-296)

week 14 Session 27 Characteristic equations and unit roots Lecture and discussion

M001 (293-296)

Session 28 Integrated processes and differencing Lecture and Exercise

M001 (466-471)


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Lab seven

Session 13 and Session 14

Showing test of stationary using STATA software based on time series data


M001 (472-475)

week 15 Session 29 Random walks, trends and spurious regressions

Lecture M001 (476-476)

Session 30 Unit root tests Lecture and Exercise

M001 (472-475)

Week 16

Session 31 Cointegration and Error Correction Lecture and Exercise

M001 (477-482)

Session 32 Overview of Vector Error Correction Models (VECM)

Lab eight


Estimating ECM and test cointegration using STATA software based on hypothetical or practical data


M001 (496)


Interconnect-ability To all module


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3.6 MODULE 6: RESEARCH METHODS IN DEVELOPMENT ECONOMICS 3.6.1 GENERAL DATA

Module Number DEM 4061

Module Title Research Methods in Development Economics

Module description The completion of a master’s thesis is often the most difficult academic requirement students will face during their term of education. The process requires discipline, independent initiative, creative thinking, working with others, and overcoming self-doubt. This course essentially aims at facilitating the thesis process among our graduate class students. Some of the frustrations that students may experience along the thesis trial often include: how to select a suitable topic, how to conduct an appropriate review of the literature, how to build an argument, and how to deal with emotional blocks to completing the project. In response to these challenges, this module attempts to develop some useful strategies for managing the process towards a favorable outcome. Success obviously comes from an understanding both of what a thesis contains (Content) and of one’s own strengths & weaknesses (Process). Mastery of the dissertation, in the end, depends on the ability to negotiate both process & content successfully.

This Module is, thus, organized around these themes, although the primary focus is on the dissertation content. Accordingly, the first three chapters (Part I) discuss the research process, how to select a topic and possible methods by which a topic might be approached. In part II, the module focuses on the Content – describing the thesis chapters, what they might reasonably be expected to include & not to include, and how to present that material appropriately. Some detailed directions for describing the research plan and presenting data & results are also indicated.

Module Image

Module Level Master


Subtitle Subtitle of Module (if any)



Language English

ECTS 5


3.6.3 ASSESSMENT


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Description It is a continuous assessment. Students will be evaluated on the basis of their ability to conduct research independently. They are expected to demonstrate competence in a variety of ways, including written exam, individual work, group work and in-class exercises. Students will be assessed 5 times in 15 weeks duration including final exam. The following evaluation instruments will be used:

d) Two tests account for 10% of the total mark e) Critical review of literature and presentation 10% f) Preparation of research proposal 20% g) Presentation of the project paper (Defend the proposal) 10% h) Group work 10% i) Final exam accounts for the remaining 40 percent

Written Exams consists of 60% discussions and 40% calculations

Examination Types Written Exam

Examination Duration 150 minutes Assignments Readings, exercises, review of article/s and paper work Repetition As per the policy of the university


Understand methods of acquiring knowledge. Define research problem/s Explain different researching tools Use research methods tools in conducting research. Evaluate journals and other scholarly literatures in the area of research. Analyze the different elements of research methods Apply principles of research methods in preparing research proposal.

Prerequisites No Content Unit 1. Concepts of Scientific Research – An Introduction

• Purpose of Studying Research Methods • Methods of Acquiring Knowledge • Types of Research • The Systematic Process of Research • Characteristics of a Good Research

Unit 2. Defining the Research Problem • Research problem • Sources of Research Problem • The Components of the Research Problem • Selection of Research Problem • Techniques of Defining a Research Problem

Unit 3. Developing a Research Proposal • The Purpose of Proposal • Structure/Outline of a Research Proposal

Unit 4. Sampling Design

Continuous Assessment


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Census and Sample Survey The Need for Sampling Steps in Sampling Design Types of Sample Designs

i. Probability Sampling Techniques ii. Non-probability Sampling Techniques

Unit 5. The Sources and Collection of Data • Types and Sources of Data • Collection of Primary Data • Collection of Secondary Data • Selection of Appropriate Method for Data Collection

Unit 6. Data Processing, Analysis and Interpretation • Data Processing Operations • Measurement Scales • Data Analysis

Unit 7. Research Report Writing and Presentation • Purpose of Report Writing • Different Steps in Writing Report • Layout of the Research Report • Mechanics of Writing a Research Report • Presenting the Results


Lectures, Exercises, Group Works and Discussions, and Individual Assignments.

Media Readers and Power points

Literature Texts:

Babbie, E. (1995). The practice of social research. Wadsworth. London.

Dawson Catherine, (2002). Practical Research Methods, How To Books Ltd. UK, pp169. M001

Easterby-smith, M., Thorpe, Rand Lowe, A. (1991). Management Research: an introduction. Sage. London.

Emory, C.W. and Cooper, D.R. (1995). Business Research methods. 4th ed. IRWIN/McGraw-Hill. USA

Emory, C.W. and Cooper, D.R. (1991). Business Research methods. 4th ed. IRWIN. USA

Gilbert, N. (1993). Research, theory and Method. In Gilbert, N. (ed.) Researching social life. Sage. London.

Glesne, C., & Peshkin, A. (1992). Becoming qualitative researchers: An introduction.White Plains, NY: Longman.

Hall, D., and Hall, I. (2003). Practical Social research. Macmillan Press LTD. London.

Kitzinger J., (1994) “The methodology of focus groups: the importance of interaction between research participants”, Sociology of Health vol.16 No.1 pp 103-21

Krueger, R., and M.A. Casey, (2000), Focus Groups: A Practical Guide for Applied Research (3rd edition). Thousand Oaks, Calif: Sage.

Kitzinger J., (1995) “Introducing focus groups” British Medical Journal vol.311. pp 299-302.


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Ruane, J.M, (2005). Essentials of Research Methods – A Guide to Social Science Research, Blackwell Publishing, UK, pp252. M002

Rudestam, K. E., & Newton, R. R. (2001). Surviving Your Dissertation: A Comprehensive Guide to Content & Process. Thousand Oaks, CA: Sage

Punch, K. F. (??). Introduction to Social Research: Quantitative and Qualitative Approaches. Thousand Oaks, CA: Sage.

Zikmund, W.G. (1990), Business research methods. 3rd ed. The Dryden press. USA

3.6.5 ORGANISATIONAL DATA Responsible Persons Dr. Negussie Semie (Assistant Professor) email: [email protected], Phone no.

0911 892049 Teaching Sessions The total number of contact hours is 48. The session titles are as mentioned

below:

Unit 1: Concepts of Scientific Research ( 8 hrs ) Unit 2: Defining the Research Problem ( 6 hrs ) Unit 3: Developing a Research Proposal ( 3 hrs ) Unit 4: Sampling Design ( 9 hrs ) Unit 5: The Sources and Collection of Data ( 4 hrs ) Unit 6: Data Processing, Analysis and Interpretation ( 7 hrs ) Unit 7: Research Report Writing and Presentation ( 8 hrs )


Interconnect-ability Provides foundation to other modules



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3.7 MODULE 7: RURAL DEVELOPMENT


DEM 4071 Module Title Rural Development

Module description This module aims to provide theoretical, empirical and methodological understanding of rural development processes and dynamics with emphasis on national and global context. The module acquaints students with evolving themes and contemporary issues in rural development theories and practices. The module provides insights in the policies, strategies and outcomes of rural development dynamics through corporative analysis, rural transformation of the experiences of selected low and middle income countries. In doing so the module presents a comprehensive framework of a thorough analysis of the heterogeneous and multidimensional character of rural development. In addition to a thorough and in-depth elaboration of these debates, rural development practices will be analyzed; as a result students come to understand the methodological questions to deal with multi dimensions of rural development.

Module image

Module Level Masters Abbreviation DEM 4071 Subtitle Duration in Semesters One semester Frequency second semester

Language English ECTS 5


3.7.3 ASSESSMENT


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Description The module will use a continuous assessment whereby students’ performance will be evaluated on the basis of their ability to analyze rural development problems and theories. They are expected to demonstrate competency in a variety of ways, including written exam, presentation and in class discussions. The module will use the following methods for evaluation : A) Seminar - Group Assignments and presentation ( one )……20% B) Test (two )………………………………………………………20% C) Term paper ( Individual ) and presentation( one )…………20% D) Final Examination ……………………………………………40%

Examination Types Written exams and oral presentation

Examination Duration 180 minutes Assignments Literature review and case studies

Repetition A student can repeat a module as per the policy of the university.

3.7.4 DESCRIPTION Learning Outcomes On successful completion of this module, students will be able to :

Understand the theories, models and approaches of rural development Assess the role of agriculture ( farm and non-farm activities) in rural

development Explain sectoral integration (Agriculture, health, education etc.) and

infrastructural limitations in rural settings Evaluate rural financial sources, bottlenecks and best practices understand the major drivers , polices and strategies in rural

transformation Analyze rural livelihood dynamics and implications to poverty reduction

strategies in developing countries Evaluate contemporary debates on agriculture and rural development

strategies and policies at national, regional and global levels Develop inputs for formulation of rural development policies and

strategies. Develop professional and communication competencies in rural

development

Prerequisites None

Content Part I ) Understanding Rural Development :Theories, models and approaches 1.1 The definition, dimensions and scope of Rural Development 1.2 Historical Evolution of Rural Development 1.3 Some paradigms and Dominant models of Rural Development Part II ) Dynamics and role of agricultural development in rural transformation 2.1 Nature of Agriculture in Developing Countries 2.2 Role of Agriculture in Rural Development and Poverty reduction 2.3 Determinants of rural Development and Process of Agricultural Development. Part III ) Rural development and transformation processes; country experiences and lessons: Determinants, Policies strategies and outcomes 3.1 Rural Development policies and Policy environment. 3.2 Organizing for Rural Development 3.3 Rural physical and social infrastructure.


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3.4 Rural credit and finance 3.5 Rural non-farm enterprises Part IV) Rural Livelihoods and poverty Reduction strategy. 4.1 Livelihood Approach and poverty Reduction 4.2 Livelihood Diversification 4.3 Rural Poverty Reduction Strategies Part V) Rural Development policies and Strategies of Ethiopia: Past and Current Debates 5.1 Past agricultural and rural development policies and programs and Performance 5.2 Current agricultural development policies and programs


Lectures, Exercises, Group Works and Discussions, and Individual Assignments

Media Readers, PPT printouts , handouts

Literature Core Learning Materials 1) Singh K. ( 2009) Rural Development : Principle , policies and Management (3 edt.)Sage Publications India. 2) Ellis F. (2000) Rural Livelihoods and Diversity in Developing Countries. Oxford university press 3) Ellis F. and Freem and H Ade .( 2005)Rural Livelihoods and Poverty Reduction Policies. Routleedhe Oxon. Obligatory Materials 1) Prasad B.K. (2007). Rural Development – Concept Approach and strategy. Sarup and Sons New Delhi 2) Cohn, J. (1974) Rural Change in Ethiopia: The Chilalo Agricultural Development Unit. Economic Development and Cultural Change. 22(4); 580-614 3) Keeley, J. and Scoones, I. (2003) Understanding Knowledge, Power and Politics: The Environmental Policy Making Process in Ethiopia, Journal of Modern Africa Studies, 38(1)89-120 4) Government of Ethiopian (GOE). MOFED (2010). Growth and Transformation Document. 5) Dercon, S, Hill, R. and Zeifin A. (2009). In Search of a Strategy: Revisiting Agriculture-Led Growth in Ethiopia, University of Oxford Synthesis Paper. Further Reading Materials 1) Government of Ethiopian (GOE) (2000) Rural Development Strategy Document. 2) Ministry of Finance and Economic Development (MoFED) (2006) Ethiopia: Building on Progress A Plan for Accelerated and Sustained Development to End Poverty (PASDEP)(2005/06-2009/10

3.7.5 ORGANISATIONAL DATA Responsible Persons Name : Aklilu Amiga

E-Mail : [email protected] Phone: +251911634534

Teaching Sessions The module is planned to be covered within 15 weeks. The total lecture hours are 30. The session’s contents to be covered and mode of delivery are presented as follows.


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Identifier

Week 1 Session 1

The definition, dimensions and scope of Rural Development

Lecture and reflections

M-001( 1-13) M-004 (89-95)

Week 2 Session 2

Historical Evolution of Rural Development


M-004 ( 78-88)

Week 3 Session 3

Some paradigms and Dominant models of Rural Development

Lecture, discussion Reflection

M-001 (59-76)

Week 4 Session 4

Nature of Agriculture in Developing Countries

Lecture, Reflection

M-001 ( 21-36)

Role of Agriculture in Rural Development and Poverty reduction

Week 5 Session 5

Determinants of rural Development and Process of Agricultural Development.

Lecture, Discussion

M-001 (78-98) M-00 2( 21-27) M-003 48-61)

Week 6 Session 6

Rural Development policies and Policy environment.

Lecture, reflection

M-001( 99-130) and 155-177)

Week 7 Session 7

Organizing for Rural Development

Lecture, reflections

M-001 ( 260-282)

Week 8 Session 8

Rural physical and social infrastructure

Lecture discussion

M-001( 221-241) M-003 ( 274-294)

Week 9 Session 9

Rural credit and finance Rural non-farm enterprises

Lecture, reflection and discussion

M-001 ( 283-307); M-002 (74) M-001 ( 29-32) M-003( 89-93)

Week 10 Session 10 Livelihood Approach and

poverty Reduction

Lecture, Reflection and discussion

M-002 (3-18)

Week 11 Session 11 Livelihood Diversification

Lecture, discussion

M-002 ( 28-75) and (231-237) M-003 ( 62-81)

Week 12 Session 12

Rural Poverty Reduction Strategies

Lecture, discussion

M-002( 77-96); M-003 ( 16-27)


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week 13 Session 13

Past agricultural and rural development policies and programs and Performance

Lecture , reflection

M-004 ( 417-430)

week 14 Session 14

Current agricultural development


policies and

programs

week 15 Week 16

Session 15

Lecture and reflection Final Exam

M-001 page (576-574)


Interconnect-ability This module complements Development Economics modules by relating the general development theories and practices with the contemporary rural development problems of poor countries.


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3.8 MODULE 8: PROJECT PLANNING AND ANALYSIS


DEM 4081 Module Title Project Planning & Analysis

Module description This module discus about historical background of project planning and analysis and concept, issues related to data needed in project planning and analysis, linkages between project and development plan. Core project cycle models and phases of project cycle like identification (techniques, bases and sources for project identifications); preparation (including all aspects of project formulation like technical, market, institutional, financial, economic, social, environmental, cross-cutting, sensitivity and risk analyses); appraisal of all core elements of feasibility study; evaluation, monitoring and follow up; and implementation (phases of implementation, project implantation management, causes and remedies of delay of project implementation, etc) will be delivered in detail. Consideration of public project investment criteria in project planning and their application to various sectors of the economy would also be discussed. Great emphasis will be given to the practical aspect of project planning and analysis that would be mandatory assignment (project formulation and presentation in the class) to each student, towards the end of the course.

Module image

Module Level Masters Abbreviation DEM 4081 Subtitle Duration in Semesters One semester Frequency Offered every year Language English ECTS 5

3.8.2 WORKLOAD


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Contact Hours 50 Self-Study Hours 100 Total Hours 150


ability to analyze problems in Microeconomics. They are expected to demonstrate competence in a variety of ways, including written exam, problem set and in-class exercises. Students will be assessed 3 times in 17 weeks duration including final exam. The following evaluation instruments will be used: a) Two tests account for 10% b) Critical review of literature 5% c) Critical review presentation 5% d) Project Work 20% e) Presentation of the project paper 10% f) Group assessment work & presentation 10% g) Final exam accounts for the remaining 40 percent

Examination Types Written and workout questions


Assignments Readings, exercises, review of article/s and project work

Repetition A student will repeat a course as per the policy of the institute


Use project planning tools in conducting feasibility study. Explain key project planning and analysis models and their application in

any projects formulations. Apply project planning and analysis tools and models in project

identification, appraisal, implementations and evaluation. Evaluate journals and other scholarly literatures in the area of project

planning and analysis. Apply principles and project worth measures in assessing projects Design policies related to project planning and analysis Create a sample project

Prerequisites None Content Unit 1. INTRODUCTION

Historical background and the project concept; project definition; approaches to project planning; traditional & new approaches; data needed in project planning; the linkage between project and program; project analysis and project format Unit 2. PROJECT CYCLE The different phases (identification, preparation, appraisal, implementation and evaluation) of a project. Unit 3. ASPECTS OF PROJECT PREPARATION and ANALYSIS Technical, institutional, market or commercial, financial, economic, social, cross-cutting, environmental, sensitivity analysis and risk assessment aspects in project preparation/formulation and analysis. Unit 4. IDENTIFYING PROJECT COSTS AND BENEFITS IN PROJECT: Objective, cost and benefits; categories of costs and benefits; externalities and situation of with and without project analysis. Unit 5. FINANCIAL ANALYSIS: Objectives of financial analysis, pricing costs and benefits in project, financial


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ratios- efficiency, income and creditworthiness ratios Unit 6. ECONOMIC AND SOCIAL ANALYSIS: Purpose of economic analysis, and analysis of socio-economic costs and benefits. Moreover, issues related to valuation of traded and non-traded goods, valuing externalities, shadow pricing and social appraisal. Unit 7. MEASURES OF PROJECT WORTH: Undiscounted & discounted measures of project worth compare among the discounted measures and capital rationing


Lectures, Exercises, Group Works and Discussions, Individual Work Assignments and project work.

Media Readers, Handout, PPT and Sample Project

Literature Text Books: 1. Albert Lester, 2003. Project Planning and Control, 4th edition, Elsevier Ltd. Butterwirth-Heinemann, UK, M005. Main Campus Library, Call # 658.404. 2. Chandra, P., 2006. Projects Planning, Analysis, Selection, Financing Implementation, and Review, six edition. Tata McGraw-Hill publishing company Limited, New Delhi. M002 3. Gittinger, J. Price, 1982. Economic Analysis of Agricultural Projects, 2nd Edition, The Johns Hopkins University Press, Baltimore and London. 505P. M001, Main Campus Library, Call # 338.13GIT 4. Irvin, G., 1978. Modern Cost-Benefit Methods. An Introduction to Financial, Economic and Social Appraisal of Development Projects. The MacMillan Press Ltd. London and Bastngstoke. M003 Main Campus Library, Call # 658.1552IRV, 5. Square, L. and van der Tak, H.G., 1975. Economic Analysis of Projects. A World Bank Research Publication, The Johns Hopkins University Press, Baltimore and Maryland, USA. M004 Main Campus Library, 658.1552SQU

3.8.5 ORGANISATIONAL DATA Responsible Persons Dr. Negussie Semie (Assistant Professor) email: [email protected], Phone no.

0911 89204 Teaching Sessions The total number of contact hours is 50. The session titles are as

mentioned below: Unit 1. INTRODUCTION …….. ( 3 hrs ) Unit 2. PROJECT CYCLE ……… ( 3 hrs ) Unit 3. ASPECTS OF PROJECT PREPARATION and ANALYSIS…… ( 9 hrs ) Unit 4. IDENTIFYING PROJECT COSTS AND BENEFITS IN PROJECT……. ( 8 hrs ) Unit 5. FINANCIAL ANALYSIS……. ( 9 hrs ) Unit 6. ECONOMIC AND SOCIAL ANALYSIS ……. ( 10 hrs ) Unit 7. MEASURES OF PROJECT WORTH ……….. ( 8 hrs )


Interconnect-ability Provides application for other modules


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3.9 MODULE 9: NATURAL RESOURCE AND ENVIRONMENTAL ECONOMICS


DEM 4091 Module Title Natural Resource & Environmental Economics

Module description This module enables students to learn the basic concepts of natural resource and environmental economics that have become indispensable for sustainable development. The module links economic development and environment by scrutinizing the theories of resource scarcity and sustainability. Environmental valuation methods are focus areas to estimate total economic value of natural resources and environmental functions that market prices hardly signal social costs and benefits of these resources and their ecosystem functions. The economics of natural resource management and extraction gives emphasis to address the unsustainable use of renewable resources, over extraction of exhaustible resources and the livelihood needs of the poor through participatory resource management. Finally, adequate concentration is given to environmental policy instruments and selection of instruments to internalize externalities and optimal and efficient allocation of pollution.

Module image

Module Level Masters Abbreviation DEM 4091 Subtitle Duration in Semesters One semester Frequency Offered in the second semester of every academic year

Language English ECTS 5



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3.9.3 ASSESSMENT Description Continuous assessment will be applied to evaluate students’ performance.

Students will be evaluated on the basis of their ability to analyze natural resource and environment for sustainable development. They are expected to demonstrate competence in a variety ways, including written examination, presentation and term paper. In this course students will be assessed 4 times including final examination in 16 weeks duration. Which is given as follows: a) Critical review of articles & presentation (1) …….15% (group assignment) b) Test (1) …15 % c) 1 Term paper (Individual assignment)…… 30 % d) Final Exam.......... 40%

Examination Types Written exam and oral presentation


Assignments There will be one individual and one group work assignments. The group assignment will focus on understanding and reviewing current journal article related to environment and development. While in the individual assignment students will select a topic related to natural resource, environment and development and prepare a term paper.

Repetition A student will repeat a course as per policy of the university.

3.9.4 DESCRIPTION Learning Outcomes Up on completion of the Module, students should be able to:

Understand contemporary environmental issues, theories and the link between economic development and environment,

Explain the workings and relative advantages, of a variety of policy instruments that are designed to conserve natural resource,

Understand natural resource extraction, the efficient and optimal use of natural resources

Analyze the efficient level of pollution and select the instruments available to attain the pollution target,

Apply the economic techniques covered in microeconomics and quantitative methods to the analysis of natural resources

Apply different environmental valuation methods for valuing ecosystem benefits and costs of pollution,

Evaluate effectiveness of participatory natural resource management projects and adoption of environmental friendly technologies

Evaluate effectiveness of environmental policies. Prerequisites Advanced Microeconomics and Quantitative Methods for Economists

Content Chapter I: Efficiency, Property rights, externality and the environment 1.1 Pareto efficiency and competitive equilibrium 1.2 Public goods 1.3 Externalities and property rights 1.4 Market failure, public policy and the environment Chapter II: Economic development and environment 2.1 Population, resource scarcity and limits to growth

2.1.1 Limits to growth: Malthusian and Ricardian growth doctrine 2.1.2 Increasing resource scarcity: the empirical evidence

2. 2 Economic growth and the environment: the environmental Kuznets curve 2. 3 Understanding poverty and its interactions with the population and the environment 2. 4 International trade and the environment 2. 5 Sustainable economic development


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2.5.1 Weak sustainability theory: the Hartwick- Solow approach to sustainability 2.5.2 Strong sustainability theory: the ecological economics approach to sustainability

2. 6 Sustainable income accounting Chapter III: Environmental Valuation and analysis 3.1 Total economic value 3.2 Concept of discount rate and natural resources 3.3 Cost benefit analysis and the environment 3.4 Environmental Valuation methods: hedonic pricing method, Travel cost method and Contingent Valuation methods Chapter IV: The economics of natural resource extraction and management 4.1 Optimal extraction of non-renewable natural resources

4.1.1. Efficient inter-temporal allocations 4.1.2. Market allocation of depletable resources

4.2 Optimal utilization of renewable natural resource 4.2.1 Static and dynamic efficient sustainable yield 4.2.2 Renewable resources policy

4.3 Community based natural resource management 4.4 Natural resource profile, Rate of natural resource utilization and management in Ethiopia Chapter V: Environmental policy 5.1 Types of pollutants 5.2 Economics of pollution

5.2.1. Efficient allocation of pollution: efficient allocation stock and fund pollutant 5.2.2. Market allocation pollutant and efficient policy responses

5.3 Environmental policy 5.3.1 Market based instruments 5.3.2 Regulation and standards 5.3.3 Selection of policy instruments

5.3 Environmental impact assessment and Environmental policy of Ethiopia


Interactive teaching learning, self learning, collaborative learning and class room participation

Media Reader and PPT printout

Literature References 1. Perman, R., Y. Ma, McCilvrary, J. and Common, M. 2003. Natural Resource and Environmental Economics, 3rd edition, Pearson Educational limited 2. Hussen, A.2004. Principles of Environmental Economics, 2nd ed. New York 3. Tietenberg, T.2009. Environmental and Natural Resource Economics, 4th ed. Prentice Hall 4. Baumol W.J. and Oates, W.E. [1988]. The Theory of Environmental Policy. Cambridge, Cambridge University Press, Chapters 5. Collan, S.J. 1996. Environmental Economics and Management Theory Policy and application, USA, Richard D. Irwin 6. Hanley N., Shogren J.F. and White B. 1997. Environmental Economics, London, Macmillan.

3.9.5 ORGANISATIONAL DATA Responsible Persons Kokeb G.Giorgis

Teaching Sessions The module is planned to be covered within 15 weeks. The total lecture hours are 30. The session’s contents to be covered and mode of delivery are presented as follows.


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Week/s Sessions

Contents Mode of Delivery

Identifier

Week 1 1 & 2 Orientation about the Module Chapter-1, Efficiency, Property rights, externality and the environment 1.1 Pareto efficiency and competitive equilibrium 1.2 Public Goods

Orientation about the course contents Lecture & Reflections

C-001 M-002 (3-15) M-003 (61-85)

Week 2 3 & 4 1.3 Externalities and property rights 1.4 Market failure, public policy and the environment

Lecture & Reflections

M-003 (61-85) Week 3 5 & 6 Chapter-2, Economic

development and environment 2.1 Population, resource scarcity and limits to growth 2.2 Economic growth and the environment: the environmental Kuznets curve


M-004 (201-241)

Week 4 7 & 8 2.3 Understanding poverty its interactions with population and environment the 2.4 International trade and the environment


M-004 (297-322)

Week 5 9 & 10 2.5 Computing Theories of Sustainable development

Lecture & Discussions

M-004 (266-288)

Week 6 11 & 12

2.6 Sustainable accounting income


M-004 (266-288)

Week 7 13 & 14

Chapter III: Environmental Valuation and analysis 3.1 Total economic value

Lecture & Reflections M-002

(399-443)

Week 8 15 & 16

3.2 Concept of discount rate and natural resources 3.3 Cost benefit analysis and the environment


M-002 (399-443)

Week 9 17 & 18

3.4 Environmental Valuation methods: hedonistic pricing, travel cost and Contingent Valuation Method

Lecture, Reflections

M-002 (399-443)

Week 10

19 & 20

Chapter IV: The economics of natural resource extraction and management 4.1 Optimal Extraction of non- renewable natural resources

Presentation, Lecture, Reflection

M-005 (125-155)

Week 11

21 & 22

4.2 Optimal Utilization of renewable natural resources

Lecture, Reflections & presentations

M-005 (157-187)

Week 12

23 & 24

4.3 Community based natural resource management 4.4 Natural Resource profile, rate of natural resource utilization & Mgt in Ethiopia


M-006 (1-17)


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Week 13

25 & 26

Chapter 5 Environmental Policy 5.1 Types of Pollutants 5.2 Economics of pollution control 5.3 Policy Instruments for Environmental management 5.3.1 Market based Instrument


M-005 (188-241)

Weeks 14

27 & 28

5.3.2 Regulations & Standards 5.3.3 Selection of policy instruments


M-005 (188-241)

Week 15

29 & 30

5.4 Environmental Impact Assessment & Environmental policy of Ethiopia


M-007 (1-75) M-008 (1-29)

Programmes Masters of Development Economics Interconnect-ability It requires knowledge on microeconomics and quantitative methods. It is also very much

connected to the course Development Economics, Rural development and International Economics.

3.10 MODULE 10: INTERNATIONAL ECONOMICS 3.10.1 GENERAL DATA

Module Number DEM4101

Module Title International Economics

Module description This module is aimed at presenting a comprehensive, up-to-date, and clear exposition of the theories, models, and methodologies that are essential for understanding and analyzing the key issues in international trade and Finance. Specifically, the course examines and analyzes evolution and importance of international Economics, arguments against international trade, distinct features of international trade and finance, the major trade theories and models ;and the alternative international trade policies are reviewed in order to explore their implications on developing countries in general and African economies in particular. Moreover, the issue of multilateral and regional economic cooperation and integration will be analyzed in detail. Furthermore, international finance topics such as foreign exchange market and exchange rate determination, spot and forward exchange rates, alternative exchange rate regimes, balance of payment accounting and accounts, approaches to balance of payments, limitations of balance of payments, relationship between international trade strategies and economic performance, current problems facing developing countries are the major areas to be covered under this course.

Module Image

Module Level Master

Abbreviation DEM4101


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Subtitle

Duration in Semesters First semester


Language English

ECTS 5


3.10.3 ASSESSMENT Description Continuous assessment will be used to evaluate the students’ performance. Students’

performance will be evaluated on the basis of their ability to analyze International trade theory, finance and policy issues. They are expected to demonstrate competence in a variety of ways, including written exam, presentations and in-class exercises, The following evaluation methods will be used: a) Two problem sets, where 1 is group assignment and 1 is individual assignment. All together accounting for 40%( 20 % each) of the total mark b) review of literatures account for 10%(group) of the total mark c) Test (1) 10% Final Exam accounts for the remaining 40 percent. The final exam consists of case studies and critical evaluation of trade and financial policies.

Examination Types Written exam and oral presentation

Examination Duration 180 minutes Assignments Article review and problem sets

Repetition A student will repeat a course as per the policy of the university.

3.10.4 DESCRIPTION Learning Outcomes On successful completion of the module, students will be able to:

Differentiate the static and dynamic gains from international trade Analyze the static (welfare gains) from international trade Explain the basic ideas of Adam Smith’s absolute cost advantage theory of

international and David Ricardo’s Comparative Advantage theory of international trade;

Critically evaluate the validity of the classical theories of international trade to the real world trade relations between countries.

Analyze the factor endowment theory (Heckscher-Ohlin H-O-, theorem) and its predictions about the structure of international trade.

Analyze the market for foreign currency in terms of demand for and supply of foreign currency.

Analyze the economic implications of balance of payment deficits and/or surplus.

Assess the contribution of international trade to economic development Analyze the welfare implication of international and regional economic

cooperation between countries. Explain the role and functions of international economic blocs and

international monetary systems. Apply international trade theory and finance principles, models to evaluate

and suggest solutions to international economic problems


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Prerequisites Advanced Macroeconomics

Content PART I- INTRODUCTION 1.1. Key Words & General Definitions 1.2. Evolution of International Economics (Trade) 1.3. Importance of International Economics 1.4. Arguments Against International Trade 1.5. Distinct Features of International Trade & Finance PART II : THE THEORIES OF INTERNATIONAL ECONOMICS 2.1. Historical Development of Modern Trade Theory – Causes and Gains From Trade 2.1.1. Mercantilists’ View on Trade 2.1.2. The Classical Trade Theories 2.1.3. The Neoclassical Trade Theories 2.1.3.1. The Heckscher – Ohlin Model 2.1.3.1.1. The Heckscher – Ohlin Theorem 2.1.3.1.2. The Stolper – Samuelson Theorem 2.1.3.1.3. The Factor – Price Equalization Theorem 2.1.3.1.4. The Rybczynski Theorem 2.1.4. The Specific Factors Model 2.1.5. The New Trade Theories 2.2.6. Evaluation of Trade Theories PART III : SUPPLY, DEMAND, PRICES/COSTS & INTERNATIONA TRADE 3.1. Supply Conditions or Production Frontier 3.2. Demand Conditions or Community Indifference Curve 3.3. Equilibrium in the Closed Economy 3.4. Equilibrium in the Open Economy 3.5. Prices/Costs and Trade PART IV : INTERNATIONAL TRADE POLICY 4.1. Tariffs and Non- Tariff Trade Barriers 4.2. Arguments for Protection 4.3. Trade Policy and Economic Welfare 4.4. Optimal Trade Policy Intervention 4.5. The Process of Trade Liberalization PART V:INTERNATIONAL ECONOMIC COOPERATIONS AND ORGANIZATIONS 5.1. The International Monetary Fund (IMF) 5.2. The World Bank(WB) 5.3. The World Trade Organization(WTO) 5.3.1. Issues on Intellectual Property Rights 5.4. Regional Integration Arrangements 5.4.1. The Definition of Basic Concepts 5.4.2. The Rational for Integration Schemes 5.4.3. The Forms of Integration 5.4.4. The Theory of Customs Unions 5.4.4.1. Trade Creation and Trade Diversion 5.4.5. Regional Economic Integration in Africa 5.4.6. The Lessons of Integration Experience PART VI : EXCHANGE RATE AND FOREIGN EXCHANGE MARKET 6.1 Exchange rate definitions 6.2. Characteristics and participants of foreign exchange market 6.3.Arbitrage in the foreign exchange market 6.4. The spot and forward exchange rate 6.5. Nominal, real and effective exchange rates 6.6. Alternative exchange rate regimes


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6.7. Determination of forward and sport exchange rates 6.8. The interaction of hedgers, arbitrageurs and speculators PART VII : THE BALANCE OF PAYMENTS 7.1. Balance o f Payments Definition 7.2. Balance of Payment accounting and Accounts 7.3.An Overview of sub-accounts in Balance of Payments 7.4. Alternative Concepts of Surplus and Deficit 7.5.Approaches to Balance of Payments 7.6. Limitations of Balance of Payment PART VIII: INTERNATIONAL TRADE AND ECONOMIC DEVELOPMENT 8.1. Trade Theory and Economic Development 8.2. Alternative Trade Strategies 8.3. Trade Strategies and Economic Performance 8.4. The Role of the State 8.5. Current Problems Facing the Developing Countries


Lectures, Exercises, Discussions Specifically, the teaching learning process is expected to conform to the three forms: Interactive, self-learning and collaborative learning.

Media Readers, PPT printouts, handouts

Literature Core Learning Materials Krugman, Paul and Maurice Obstfeld (2005), International Economics: Theory and Policy, Addison – Wesley Longman, Inc. California, U. S. A. W.Chares Sawyer and Richard L.Sprinkle(2003), International Economics, Prince- Hall, India Pilbeam,k.(1992, International Finance ,London: Macmillan. Obligatory Text Books Alemayehu, Geda (2000), Finance and Trade in Africa: Macroeconomic Response in the World Economy Context, London: Pal grave / Macmillan. Robert M.dunn Jr. And John H.Multi (2004), International Economics,6th edition , routledge publisher, Lonndon Robert C. Feenstra (2002), Advanced International Trade: Theory and Evidence, University of California, Davis. Further Reading Materials Balassa, B. (1961), The Theory of Economic Integration, Homewood, Illinois: Richard D. Irwin, Inc. Bhagwati, J. N. and T. N. Srinivasan (1983), Lectures on International Trade, Cambridge, Massachusetts: The MIT Press. Economic Commission for Africa (2004), Economic Report on Africa 2004: Unlocking Africa’s Trade Potential, Economic Commission for Africa, Addis Ababa. Ethiopia. Kenen, Peter B. (1996), The International Economy, Third Edition, Cambridge University Press. Kreinin, Mordechai (1995), International Economics: A Policy Approach, The Dryden Press. Salvatore, Dominic (1987), Theory and Problems of International Economics, Schaum’s Outline Series: McGraw – Hill Book Company. Snider, D. A. (1954), Introduction to International Economics, Homewood, Illinois: Richard D. Irwin, Inc. Sodersten, B. and G. Reed (1994), International Economics, New York: St. Martin’s Press, U. S. A

3.12.5 ORGANISATIONAL DATA


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Responsible Persons Eyayu Tesfaye; [email protected]; Phone- 0913-034147

Teaching Sessions The module is planned to be covered within 15 weeks. The total lecture hours are 45. The sessions contents to be covered and mode of delivery are presented as follows:

Mode of Delivery

Identifier

Week/s Sessions Content to be covered

Week 1


INTRODUCTION Lecture, discussion and reflections

M-001 pages( 1-21) M-002 Pages (1-13)

Key Words & General

introduction

Evolution of International

Economics (Trade)

Importance of International Economics

Arguments Against International Trade

Distinct Features of International

Week 2


Mercantilists’ View on Trade

Lecture and M-001- Pages (25-104)

M-002 -

Pages (18-44)

The Classical Trade Theories Reflections

The Neoclassical Trade discussion

Theories The Heckscher – Ohlin Model

The Heckscher – Ohlin

Theory Week 3

Session 1 and

The Stolper-Samuelson Lecture, M-001-

Theorem discussion Pages

Session 2 The Factor – Price Equalization Theorem

Reflection (110-170) M-002-

The Rybczynski Theorem The Specific Factors Model The New Trade Theories

Pages (56-74)

Evaluation of Trade Theories

Week 4 Session 1 and Session 2

-Supply Conditions or Production Frontier Demand Conditions or Community Indifference Curve Equilibrium in the Closed Economy


M-001 pages (85-90)



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Equilibrium in the Open Economy Prices/Costs and Trade

Lecture, Reflection Discussion

M-001 pages(91-106)

Week 6 Session 1 -Tariffs and Non-Tariff Lecture, M-001

and Session 2

Trade Barrier Arguments for Protection Trade Policy and Economic Welfare

discussion reflection Pages(176-205)

M-002 pages(126-165)

Week 7


Optimal Trade Policy Lecture, M-001- pages (207-273) M-002 pages(166- 182) M-001 pages (486-513)

Intervention Experience

The Process of Trade sharing

Liberalization

Week 8


The International Monetary Lecture

Fund (IMF) discussion

The World Bank(WB)

The World Trade

Organization(WTO)

Week 9


Issues on Intellectual Property Lecture, M-002 pages(183-197)

Rights discussion

Regional Integration Arrangements Customs Un ion

Free Trade Area

Economic integration Monetary union

Week 10 Session 1 and

Exchange rate definitions Lecture, M-003

Characteristics and discussion pages (3-

Session 2 Participants of foreign exchange market Arbitrage in the foreign exchange market The spot and forward exchange rate

9) M-002 Pages (241-261)


Nominal, real and effective exchange rates Alternative exchange rate regimes Determination of forward and sport exchange rates The interaction of hedgers, arbitrageurs and speculators


M-003 pages (9-25


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Balance of Payments Definition Balance of Payment accounting and Accounts An Overview of sub-accounts in Balance of Payments


M-003 pages (27-50)

Alternative Concepts of

Surplus and Deficit week 13


Approaches to Balance of


M-003 pages (52-121)

Payments

Limitations of Balance of

Payment

week 14


Trade Theory and Economic


M-001 pages (602-625)

Development

Alternative Trade Strategies

Trade Strategies and

Economic Performance

week 15 Session 1 and Session 2

The Role of the State Current Problems Facing the Developing Countries


M-001 pages (627-637)

Programmes Master of Development Economics

Interconnect-ability The pre requisite for this module is Advanced Macroeconomics module

3.11 MODULE 11: SEMINAR ON TOPICS OF DEVELOPMENT ECONOMICS


Module Title Seminar on Topics of Development Economics

Module description This module will require student of Development Economics to conduct a research/ critical review of literature, practices and policy applications in thematic areas of Development Economics identified by staffs and students in the department. Students will review articles and report related to selected thematic areas and topics in groups. The change army group of students will be used for this purpose. Students are supposed to submit soft and hard copies of their group review .The review should follow the necessary academic writing format. Each student is required to make a presentation on parts of the group work in the presence of staffs assigned from department, class mates and others.

Module image



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Subtitle -



Language English

ECTS 5

3.11.2 WORKLOAD Contact Hours 50


Total Hours 150

3.11.3 ASSESSMENT Description Group Work Evaluation Criteria

- Quality of the review….…20

- Topic coverage ……….... 20 ( The paper work and the presentation

combined)

Coordination…………….10 ( while making presentation)

Responding to questions...10 ( After presentation)

Group work total 60%

Individual Presentation Evaluation Criteria:

- Knowledge of the subject matter………………………... 10

- Mode and structure of presentation…………………... 10

- Language and clarity………………................................ 10

- Personality, confidence, time management…….….. 10

- Presentation total …………………………………………..40%

Examination Types Students will be evaluated based on their paper and presentation Examination Duration 60 minutes for each group ( 30 minutes for presentation 30 minutes for

questions and discussion) Assignments Review of articles

Repetition A student will repeat a course as per the policy of the university


Up on completion of the Module, students should be able to: Understand proper ways of reviewing articles Apply techniques of proper citation and making conclusions from

different articles. Develop professional and communication competencies in


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development areas. Acquire confidence for their thesis research work

Prerequisites No

Content Students will be given a detail information about the module and the time table by the coordinator and the coordinator will give students a continues support.


Lectures and Discussions.

Media Readers will be given where ever it is nessesary

Literature Text Books:

Babbie, E. (1995). The practice of social research. Wadsworth. London.

Gilbert, N. (1993). Research, theory and Method. In Gilbert, N. (ed.) Researching social life. Sage. London.

Glesne, C., & Peshkin, A. (1992). Becoming qualitative researchers: An introduction.White Plains, NY: Longman.

Hall, D., and Hall, I. (2003). Practical Social research. Macmillan Press LTD. London.

3.11.5 ORGANISATIONAL DATA Responsible Persons Ato Aklilu (Lecturer) email: [email protected], Phone no. 0911634534

Teaching Sessions Students will use the consultation our of the coordinator for any kind of advice

Programmes Master of Development Economics Interconnect-ability Build their confidence and skill for their thesis writing

3 3.12 MODULE 12: MASTER’S THESIS 3.1.1 GENERAL DATA

Module Number DEM 5121

Module Title Master’s Thesis Module Level Masters Abbreviation DEM 5121 Subtitle Duration in Semesters One year ( Semester I proposal and Semester II thesis writing ) Frequency Commenced 2nd year 1st semester Language English ECTS 30


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3.13 MODULE13: The common Module


MPM5024

Module Title Public Service Delivery, Ethics and Change Management

Module Description

This module is about Public Service Delivery, Ethics and Change Management. It proceeds on the assumption that the modern state, which exists to serve the common good, holds both the moral legitimacy and legal authority to legislate and enforce standards of acceptable behavior among its citizens. Ethical principles and professionalism are at the core of all legal activity by and for the state. It is thus assumed that all public policies and programs, are moral actions, and those who formulate and implement them are morally as well as legally accountable. Thus, this course is designed to let learners develop knowledge, skills, and value framework necessary to provide public service professionally, manage change and act ethically as citizens, managers and leaders in public organization. The expected learners’ outcomes of this module include understanding the underlying concepts and principles of ethics and the link between ethics and social responsibility in the process of public service delivery. On top of this, applying basic principles of citizen centered service delivery and developing practical strategies for making ethical decisions. In addition, learners are expected to apply tools to combat unethical behaviors and practices. Furthermore, learners should develop tools that enhance professionalism in the process of public service delivery and be able to analyze practical cases to make ethical and professional decisions. Finally, learners are supposed to initiate and manage change in the public sector.


Abbreviation PSDECM

Duration in Semesters

One semester

Frequency Offered in the first semester of every academic year


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Language English

Mode of Delivery

Blended Learning

ECTS 5

3.15 .2 WORKLOAD Contact Hours 48

Non-Contact Hours 97

Total Hours 145

3.15.3 ASSESSMENT Description Assessment type is continuous. Students will be assessed 3 times

including final examination in 16 weeks duration. First mode of assessment will be test for 20 marks. The second mode of assessment will be group assignment for 40 marks. Group assignment marks will be awarded on the basis of presentation. Finally, written examination takes place for 40 marks which include objective type of questions for twenty marks and short essay questions for the rest of the twenty marks.

Examination Types

Written ( subjective and objective) type

Examination Duration

240 minutes

Assignments Group case analysis

Repetition As per the regulation of the university

3.15.4 DESCRIPTION Learning Outcomes 1. Understanding the basics of public service ethics and social

responsibility in the process of decision making

2. Analysis of change management tools for the application of citizen centered service delivery


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3. Apply the tools for combating unethical behaviors and practices in the process of public service delivery and change the attitude of the civil servants in the right direction.

4. Analyze practical cases on ethical problems prevailing around public services delivery

5. Understand the features of professionalism in enhancing the quality public service delivery.

Prerequisites Public Management: Principles, Comparison and Reforms

Contents Key Concepts 1. Public Service Delivery and Change Management in the public

sectors

1.1. Public service delivery

1.2. Fundamentals of effective service delivery

1.3. Citizen centered service delivery

1.4. Changes in the Ethiopian public sector

1.5. The Models of change

1.6. Change management tools for enhancing the quality of services delivery in public sector

2. Ethics, social responsibilities and Corruption in Public Sector 2.1. Basics of ethics

• Concepts of Ethics

• Theories of Ethics

2.2. Social Responsibility

• Aspects of social responsibility

• Ethical Dilemmas in the civil service

• Relationship between civil servants and political system

2.3. Corruption

• Forms and types of corruption

• Causes of corruption and Consequences of corruption

• Mechanisms of combating corruption

3. Professionalism in Civil Service


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3.1. Concepts of Professionalism

3.2. Professionalization of the civil service

3.3. Professional-client relationship

4. Practical contents

• Case analysis

• Article review


Case and article based lectures, Exercises, and group works

Media Lecture with the aid of Handout and PPT printouts

Literature Jacquess P. Thiroux and Krasemann(2009).Ethics: theorty and

practice.10th ed.Pearson International Education,New Jersey

Lewis Vaughn(2010).doing Ethics: Moral reasoning and

contemeporary issues.2nd ed.W.W.Norton and company,inc.New

York

Lewis, Carol (2005) The Ethics Challenge in Public Service: A

problem-solving guide. Jossey-Bass, San Francisco

Bartok, Janos (2002) Public Sector Transparency and

Accountability: Making it happen, OECD, Paris

Champman, Richard (2000) Ethics in Public Service for the new

Millennium, Ashgate, Aldershot

Cooper, Terry (2001) Handbook of Administrative Ethics,

Marcel Dekker, New York

Robbins, Stephen (1983): Organization theory, Prentice-Hall, Inc, New Jersey.

Tesfaye Debala (2011), Civil service in Ethiopia: the marriage

between profession and politics

Adebaby Abay (2011), promoting and strengthening

professionalism in the civil service : the case of Ethiopia

Stuart C. Gilman (2005), ethics codes and codes of conduct as


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tools for promoting an ethical and professional public service:

comparative successes and lessons, the world bank

3.15.5 ORGANISATIONAL DATA Responsible Persons

Bersisa Kacho, Department of Public Management, IPMDS, ECSU,[email protected],+251- 911-154-113 Office location - 327 AND Merga Mekuria, Department of Development Management, IPMDS, ECSU,+251-911-374-309 Office location - 307

Teaching Sessions

The module is planned to be covered within 16 weeks. The total lecture hours and tutorial hours are 22.5 hrs each. The sessions, contents to be covered and mode of delivery are presented as follows.

Week/s Sessions Content to be covered

Week 1 Session 1 Module Orientation

Session 2 Questionnaire

Week2

Session 3 Motivation through discussion of practical issues with resp subject matter

Session 4 Questionnaire

Week 3 Session 5 Key concepts on Public Service Delivery and change Ma

Session 6 Key concepts on Public Service Delivery and change Ma

Week 4 Session 7 Key concepts on Ethics, Corruption and social Responsib

Session 8 Key concepts on Ethics, Corruption and social Responsib

Week 5 Session 9 Key concepts on Professionalism

Session 10 Key concepts on Professionalism

Week 6 Session 11 Case based lecture on an unethical behaviors in public sect

Session 12 Case analysis and presentation

Week 7 Session 13 Short Test


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Session 14 Article based lecture on corruption

Week 8 Session 15 Article review and presentation

Session 16 Article based lecture on corruption

Week 9 Session 17 case based lecture on corruption

Session 19 Feedback on short test

Week 10 Session 20 Case analysis and presentation

Session 21 Case based lecture on social responsibility

Week 11 Session 22 Case analysis and presentation

Session 23 Article based lecture on professionalism

week 12 Session 24 Article based lecture on professionalism

Session 25 Article review and presentation

week 13 Session 26 Case based lecture on ethical principles


week 14 Session 28 Case based lecture on change management


week 15 Session 30 Article review and presentation

Session 31 Wrap up and information

Week 16 Session 32 and 33

Final exam

Programmes Master of Public Management Interconnect-ability

Module is hoped to enhance learning in all other modules.

Expected Number of Students

Depends on the need for the course from other masters programmes

Expected level of student

Module to be delivered in the First semester

Available rooms Depends on the need for the course from other masters programmes


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4) MODULE DISTRIBUTION BY SEMESTER The semester brake down of the modules will be as follows:

First year First Semester

First year Second Semester

No Module No Module Title Module

ECTS

1 DEM4011 Advanced Microeconomics 6

2 DEM4021 Advanced Macroeconomics 6

3 DEM4031 Mathematical Economics 5

4 DEM4041 Development Economics 9

5 MPM5024 Common Module 5

Semester total ECTS 31


ECTS

1 DEM4051 Advanced Econometrics 10

2 DEM4071 Research Methods in Development Economics

5

3 DEM4081 Rural Development 5

4 DEM4091 Project Planning and Analysis 5

5 DEM4111 Natural Resource and Environmental Economics

5

6 DEM4121 International Economics 5


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Second year First Semester


ECTS

1 DEM5131 Seminar on topics of Development Economics

5

2 DEM5141 Master’s thesis proposal 10


Second year Second Semester


ECTS

1 DEM5141 Master’s Thesis Research 20



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5. Resource requirement

To run this program effectively at least four PhD holders who have specialized in the area of development economics will be required.

6. QUALITY ASSURANCE The department is committed to improve the quality of the program by following the quality improvement

strategies of the nation in general and of University in particular.

The department together with other concerned offices of the university will prepare action plans for the

purpose of quality assurance on yearly basis.

The department Head and Course group coordinators will be responsible for improving and maintaining the

quality of the program.

Documents

Ethiopian Civil Service University INSTITUTE OF PUBLIC