Economics (ECON) 366

Economic Development (Revision 4)

ECON 376 course cover

Revision 4 is closed for registrations, replaced by current version

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Delivery Mode: Individualized study online or grouped study** (check locations) - both options with eTextbook

Credits: 3

Area of Study: Social Science

Prerequisite: ECON 247 or ECON 248 or an introductory course in economics.

Precluded Course: ECON 366 may not be taken for credit if credit has already been obtained for ECON 376.

Centre: Faculty of Business

ECON 366 has a Challenge for Credit option.

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**Note: Students registering in grouped study mode are advised that there may be some differences in the evaluation and course materials information indicated below. To obtain the most up-to-date information, contact the Faculty of Business Student Support Centre at 1-800-468-6531.


This course is primarily concerned with the economic circumstances, and development experiences of the nations in Africa, Latin America, and Asia. It explores the reasons why some countries have developed more rapidly than others, and the range of economic policies that have been employed to stimulate the process of economic development.


ECON 366 is divided into eight units, as outlined below:

  • Unit 1: Economic Development: An Introduction and Overview
  • Unit 2: Development Ideas in Historical Perspective
  • Unit 3: Growth, Poverty, and Income Distribution
  • Unit 4: Population Growth, Urbanization, and Internal Migration
  • Unit 5: Human Capital: Education and Health in Economic Development
  • Unit 6: Agricultural Transformation and Rural Development
  • Unit 7: International Trade and Development
  • Unit 8: Capital Flows and Development


Your final grade in Economics 366 will be based on your performance on five assignments and a final examination. The passing grade for the final examination is "D" (50 percent). You must also achieve an overall course grade of at least “D” (50 percent). The weighting of each component is as follows:

Assign 1 Assign 2 Assign 3 Assign 4 Assign 5 Final Exam Total
10% 10% 10% 10% 20% 40% 100%

To learn more about assignments and examinations, please refer to Athabasca University's online Calendar.

Note: Examinations for this course are taken online, and must be taken at an invigilated location. It is your responsibility to ensure a computer with an Internet connection and Internet Explorer 7.0 or higher is available for your use at the Invigilation Centre.

Course Materials


Registration in this course includes an electronic textbook. For more information on electronic textbooks, please refer to our eText Initiative site.

Todaro, M. P., & Smith, S. C. (2011). Economic development (11th ed.). Boston: Pearson/Addison Wesley. ISBN 978-0-138-01388-2

You can acquire a print version of the textbook on your own if you wish.

Other Resources

All other learning resources will be available online.

Challenge for Credit Course Overview

The Challenge for Credit process allows students to demonstrate that they have acquired a command of the general subject matter, knowledge, intellectual and/or other skills that would normally be found in a university level course.

Full information for the Challenge for Credit can be found in the Undergraduate Calendar.

Challenge Evaluation

To receive credit for the ECON 366 challenge registration, you must achieve a grade of at least 50 per cent on the examination.

Online Exam (3 hours)

Undergraduate Challenge for Credit Course Registration Form

Current Grouped Study Locations

Athabasca University reserves the right to amend course outlines occasionally and without notice. Courses offered by other delivery methods may vary from their individualized-study counterparts.

Opened in Revision 4, October 4, 2013.

View previous syllabus