School of Business and Management

BUSM073 Economics of Development


2 (2017/18)



Module organiser

Dr Roxana Gutiérrez-Romero

Module overview

This course introduces contemporary theories and the empirical literature of the economics of developing countries with specific reference to public policy delivery. The course will address  the problems with public policy delivery in developing countries and what solutions and strategies have been identified in the literature. The course will deal with debates such as centralised and decentralised delivery methods, political economy issues of corruption and state capture, and the role of incentives among politicians and bureaucrats in service delivery.


100% coursework (30% critical assignment and 70% analytical assignments)

Indicative reading list

  • Ray, D, (2009) Development Economics, Princeton University Press.
  • Belsey,T and M.Ghatak (2007): Reforming Public Service Delivery, Journal of African Economies, Vol 16, pp. 127–156
  • Angrist, J.D. and Pischke, J.S. (2008) Mostly Harmless Econometrics: An Empiricist’s Companion, Princeton University Press.