Cambridge University Reporter


REGULATIONS FOR EXAMINATIONS: NOTICES BY THE GENERAL BOARD

The General Board give notice that, on the recommendation of the Faculty Board or other authority concerned, the regulations for certain University examinations have been amended as follows:

Economics Tripos, Part IIA

SUPPLEMENTARY REGULATIONS

(Statutes and Ordinances, p. 262)

With immediate effect

The Faculty Board of Economics give notice that they have amended the detail for Paper 4 (Economic development) in Part IIA of the Economics Tripos as set out below. The Faculty Board are satisfied that no candidate's preparation for the examination in 2005 will be adversely affected by this amendment.

Part IIa

Paper 4. Economic development

This paper provides an introduction to the main analytical issues in development economics through examining the relevant economic principles and the comparative development experience of selected countries. It does not assume any prior knowledge of development economics. It provides useful preparation for candidates proposing to take Part IIB specialist options in development economics or economic history, but also constitutes a self-contained one-year course for those interested in studying this field, but not necessarily planning to continue with it further.

The analytical issues to be covered include: models of economic growth; human capital investment (both health and education) and population growth; physical capital investment; learning and technological change; factor market failures and the role of government policy; inequality and its effects on growth; agriculture and industrial sectors in economic development; dualism and labour surplus models; financial markets and financial policy; the role of trade and trade policies; political economy issues in economic development. These issues are covered both theoretically and empirically through applications to the historical development experience of selected countries.

The examination will contain two sections. Section I will consist of purely analytical questions. Section II will require candidates to relate their analysis of theoretical issues to comparative historical evidence from countries to be announced by the Faculty Board at the beginning of the Michaelmas Term of the academical year in which the examination is to be held. Candidates will be required to answer one question from Section I and two questions from Section II.