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◄Faculty of Business and Economics►

AA047011 INSTITUTIONS AND INDUSTRIAL DEVELOPMENT
3 Credits

Course Learning At the end of this course, students are able to:
Outcomes
(1) Analyse critically the concept of institutions, industrial
development and economic growth theory;
(2) Summarize and integrate the role of institutions in
explaining industrial development and economic growth
in the developed and developing world;
(3) Evaluate institutional issues, industrial development and
economic growth in selected developed and developing
countries;
(4) Appraise the relevant case studies in developing and
developed countries to show the relationship between
institutions, industrial development and economic growth
and formulate policies.

Synopsis of Course This course is designed to expose students to the concepts
Contents of institutions, industrial development and economic
development. Emphasis will be placed on the role of
institutions and industrial development in economic
development. Lessons from case studies will be used to
illustrate the dynamics of institutions and industrial
development on the development outcomes such as labour
market, technology, trade and productivity. This course will
also enable students to evaluate the complex relationships
between institutions and industrial development by using the
studies that focus on the importance of the links between
dominance of institutional economics, industrial policy and
economic growth theory.

Assessment Weightage Continuous Assessment: 60%
Final Examination: 40%

Medium of Instruction English

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