| CODE | ECN1201 | ||||||||||||
| TITLE | Economics of Development and Small Island States | ||||||||||||
| UM LEVEL | 01 - Year 1 in Modular Undergraduate Course | ||||||||||||
| MQF LEVEL | 5 | ||||||||||||
| ECTS CREDITS | 4 | ||||||||||||
| DEPARTMENT | Economics | ||||||||||||
| DESCRIPTION | The study-unit will cover the following themes: - Definition and economic characteristics of small island states; - Small island states in the global arena; - The Vulnerability and Resilience Framework applied to small states; - The meaning of Development Economics; - Characteristics of developing countries; - Aspects of Development Economics of relevance to small country size and insularity. Study-unit Aims: The study-unit aims to explain and discuss the special economic characteristics of small island states and aspects of economic theory relevant to these states. The role of small states in the global arena will also be covered. Learning Outcomes: 1. Knowledge & Understanding: By the end of the study-unit the student will be able to comprehend how small states are defined, their special characteristics, and which aspects of economic theory are relevant to small country size and insularity. Students will also be able to understand the role of small states in the global arena. 2. Skills: By the end of the study-unit the student will have improved their communication skills and their ability to work in teams. The unit will also enable the students to develop other skills associated with sourcing and inferring tendencies from quantitative and qualitative economic data, critically evaluating economic realities of small states, and interpreting the stages of development of small states, including Malta. Students will find such skills useful for their career improvement and for life in general. Main Text/s and any supplementary readings: - Briguglio, L. (1995). Small island developing states and their economic vulnerabilities. World Development, 23(9), 1615-1632. - Briguglio, L., & Moncada, S. (2022). Small states and the vulnerability resilience framework: withstanding exposure to adverse external shocks. Occasional papers on islands and small states (ISSN 1024-6282) Number: 2022/03. - Crowards, T. (2002). Defining the category of ‘small’ states. Journal of International Development, 14(2), 143-179. - Todaro, M. P., & Smith, S. C. (2020). Economic development. Pearson UK. - Ray, D. (1998). Development economics. Princeton University Press. - Sutton, P. (2016). The concept of small states in the international political economy. In Small States in Multilateral Economic Negotiations (pp. 7-19). Routledge. |
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| ADDITIONAL NOTES | Pre-Requisite Study-units: ECN1011, ECN1201 and EMA1310 | ||||||||||||
| STUDY-UNIT TYPE | Lecture and Independent Study | ||||||||||||
| METHOD OF ASSESSMENT |
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| LECTURER/S | Lino Briguglio |
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The University makes every effort to ensure that the published Courses Plans, Programmes of Study and Study-Unit information are complete and up-to-date at the time of publication. The University reserves the right to make changes in case errors are detected after publication.
The availability of optional units may be subject to timetabling constraints. Units not attracting a sufficient number of registrations may be withdrawn without notice. It should be noted that all the information in the description above applies to study-units available during the academic year 2024/5. It may be subject to change in subsequent years. |
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