Challenges of Global Poverty
Level of Study
Objectives and Content
This course aims at helping students better understand the lives of the world's poor and explore scopes for policies to help improve the their wellbeing.
The key questions addressed here are:
- The nature and distribution of poverty across regions and countries of the world.
- The causes of persistent/chronic poverty.
- The progress that has been made so far on the millennium declaration of "making poverty a thing of the past"
- The question of whether poverty alleviation be left to the forces of free market or whether there be a role for policy.
- What the empirical findings say about which policies are successful and which are not.
- The role of institution building in the fight against poverty.
On completion of the course the student should have the following learning outcomes defined in terms of knowledge, skills and general competence:
- knows the key facts about the worldwide incidence of poverty.
- has a comprehensive understanding of the theories of what causes persistent/chronic poverty, for example, the theories of:
- the "poverty trap" model
- the absence of a market for credit, insurance and savings leading to lack of investment
- weak institutions leading to ineffective policies
- knows the basics of modern methodology for evaluating poverty policies.
- knows how to numerically calculate and graphically represent (when appropriate) various measures of poverty, inequality and human-development
- is able to apply various tools of analyses learned in this course to explain outcomes pertaining to poverty.
- is able to understand and critically evaluate relevant academic literature.
Required Previous Knowledge
Access to the Course
Teaching and learning methods
Lectures and seminars
Compulsory Assignments and Attendance
One compulsory assignment that has to be approved before the student can take the exam.
Approved compulsory requirements do not have time limits.
The grade for the course is based on the written examination provided that the students have passed the assignment.
Forms of Assessment
4 hours written exam
Examination Support Material
Mathematical Formula Collection of K Sydsæter, A. Strøm and P. Berck or Mathematical Formulas for Economists of B Luderer, V. Nollau and K. Vetters and calculator. The following simple, non-programmable calculators without graphical display are allowed to be used for written tests:
All models of the type:
- Casio FX-82, Casio FX-82ES PLUS or Casio FX-82EX
- Hewlett-Packard HP30
- Texas Instruments TI-30
The Department of Economics can conduct a sample of aids in the examination room.
Assessment in teaching semester. New exam the following semester only for students who have a valid document of absence.
All the courses at the department of Economics are evaluated at the end of each semester.
Department of Economics