Advanced Development Economics

Course content

This course will cover the microeconomics of development and will focus on approaches to understanding the behavior of households and firms, and the functioning of markets and institutions in developing countries. As development is a field with a strong empirical tradition most of the course will be centered on discussing and evaluating the empirical strategies used in the literature.


MSc Programme in Agricultural Economics
MSc Programme in Environmental and Natural Resource Economics
MSc Programme in Forest and Nature Management


Learning outcome

The main goal is to equip students with the tools which would enable them to deeply understand, analyze and follow the implications of various development related policies and controversies and to undertake sound micro economic analysis of development questions. After completing the course the student should be able to
- Deeply comprehend the main concepts and issues relevant to microeconomic problems of less developed countries.
- Diagnose and undertake own evaluations of presented theoretical models and be able to present the models’ empirical prediction.
- Apply theory-based analytical tools to discuss, understand and provide solutions to development related problems.
- Be able to present empirical results in a precise and consistent manor, as well as demonstrate a thorough understanding of the identification problems faced when carrying out empirical work.
- Develop abilities to analyze problems related to development with the use of up-to-date economic and econometric tools.
- Develop abilities to discuss, criticize and deepen economic texts, and work individually to acquire the skills of presenting and defending ideas, as well as to formulate problems and address them appropriately in a written essay.

(i) Traditional lecturing, (ii) empirical exercises and (iii) project work.

See Absalon for details

You should have solid economics competencies from your bachelor degree, including intermediate microeconomics, intermediate econometrics, international economics, and development economics. It is also strongly recommended to have passed the course Applied Econometrics or similar at the master level.

Academic qualifications equivalent to a BSc degree is recommended.

Continuous feedback during the course of the semester
Peer feedback (Students give each other feedback)
7,5 ECTS
Type of assessment
Written assignment
Oral examination, 20 - 30 min
Description of Examination:
(i) Individual course paper/essay written during the course (50% of the final grade).
(ii) Individual oral examination (20 minutes, no preparation) based on course curriculum (50% of the final grade).

Students must pass all part-examinations individually to pass the overall exam.
Without aids
Marking scale
7-point grading scale
Censorship form
No external censorship
Several internal examiners
Criteria for exam assessment

Top grades are given to students fulfilling requirements listed in the description of course goals.

Single subject courses (day)

  • Category
  • Hours
  • Lectures
  • 48
  • Preparation
  • 62
  • Practical exercises
  • 24
  • Project work
  • 65
  • Guidance
  • 6
  • Exam
  • 1
  • English
  • 206