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EC 457 Economics of Developing Countries

EC 457 Economics of Developing Countries (3) Prerequisites: ECO 2013 and 2023 Provides students with a first understanding both of the economic development and actual problems of Third World countries. Theories that try to explain the economic mal-development and discussions of practical attempts to escape from its vicious circles. Specific problem areas are analyzed more in depth, among them: questions of population growth, capital demand, foreign trade imbalance, foreign investment, and the agrarian sector.