ECONOMICS OF THE POOR

Course Information
TitleΟΙΚΟΝΟΜΙΚΑ ΤΗΣ ΦΤΩΧΕΙΑΣ / ECONOMICS OF THE POOR
Code12ΕΗ12
FacultyEconomic and Political Sciences
SchoolEconomics
Cycle / Level1st / Undergraduate
Teaching PeriodSpring
CoordinatorDimitrios Psaltopoulos
CommonYes
StatusActive
Course ID600020384

Programme of Study: UPS School of Economics (2013-today)

Registered students: 0
OrientationAttendance TypeSemesterYearECTS
OIKONOMIASElective Course belonging to the selected specialization (Elective Specialization Course)843
DIOIKĪSĪ EPICΗEIRĪSEŌNElective Courses843

Class Information
Academic Year2020 – 2021
Class PeriodSpring
Faculty Instructors
Class ID
600190660
Course Type 2011-2015
Specific Foundation / Core
Mode of Delivery
  • Face to face
  • Distance learning
Digital Course Content
Language of Instruction
  • Greek (Instruction, Examination)
  • English (Instruction, Examination)
Prerequisites
Required Courses
  • 12ΥΑ01 MICROECONOMICS I
  • 12ΥΒ01 MACROECONOMICS I
  • 12ΥΓ06 GROWTH ECONOMICS
  • 12ΥΔ02 MACROECONOMICS II
Learning Outcomes
Upon successful completion of the course, students will be able to analyze and understand the economic life and behavior of the poor and have knowledge of policies that can address global poverty. They will be well aware of the theories that help us understand both what the poor can achieve and what issues and why they need impetus to succeed in escaping poverty. They will also be well-aware of individual issues in the lives of the poor as well as explore how the factors that contribute to the persistence of poverty can be overcome.
General Competences
  • Apply knowledge in practice
  • Retrieve, analyse and synthesise data and information, with the use of necessary technologies
  • Make decisions
  • Work autonomously
  • Work in an international context
  • Generate new research ideas
  • Be critical and self-critical
  • Advance free, creative and causative thinking
Course Content (Syllabus)
Section 1: Trapped in Poverty. Looking for the causes. Section 2: One billion hungry people? How well and how well are the poor fed? Is there really a poverty trap associated with malnutrition? Section 3: The trap of ill health. The use of technology. Behavior in search of better health. Section 4: The education of the poor. Supply against demand. The curse of expectations. Why schools fail. Section 5: The size of the family. What problems do a big family create? Do the poor control their fertility decisions? Children as financial tools of the family. Section 6: The Poor Hedge Fund Managers. The dangers of poverty. Where are the insurance companies for the poor? Section 7: Lending to the poor. Micro dimensions of a Macro program. Does microfinance work? The limitations of microfinance. Can larger companies be financed? Section 8: Saving "brick to brick". Why the poor do not save more? The psychology of saving. Poverty and the logic of self-control. Section 9: The reluctant entrepreneurs. Capitalists without capital. The businesses of the poor. Jobs. Section 10: Policies and politics. Political economy. The marginal changes. Decentralization and democracy. Criticism of political economy.
Keywords
Poverty, Economic Development, Development Policies
Educational Material Types
  • Notes
  • Slide presentations
Use of Information and Communication Technologies
Use of ICT
  • Use of ICT in Course Teaching
  • Use of ICT in Communication with Students
  • Use of ICT in Student Assessment
Course Organization
ActivitiesWorkloadECTSIndividualTeamworkErasmus
Lectures361.3
Reading Assigment180.6
Written assigments281
Exams20.1
Total843
Student Assessment
Student Assessment methods
  • Written Exam with Multiple Choice Questions (Formative, Summative)
  • Written Exam with Extended Answer Questions (Formative, Summative)
  • Written Assignment (Formative, Summative)
Bibliography
Additional bibliography for study
1. Συλλογή από άρθρα 2. Abhijit V. Banerjee and Esther Duflo (2011). Poor Economics: A Radical Rethinking of the Way to Fight Global Poverty. Public Affairs. New York. 3. Martin Ravallion (2016). The Economics of Poverty. Oxford University Press. New York. 4. World Bank (2020). Reversals of Fortune: Poverty and Shared Prosperity. The World Bank. Washington DC.
Last Update
19-07-2021