Economic development: analysis and policy

Time constraints may limit the amount of material assigned. Optimally, time permitting, chapters 1 to 5 and 7 to 15 should be thoroughly covered. However, it is possible to select fewer chapters and yet gain a satisfactory cross section of topics. With this in mind, certain comments about some chapters may prove helpful in making a selection.
Chapter 6, "Risk and Uncertainty," is fairly easily omitted, although it is suggested that the instructor abstract important insights of this chapter for students. This is easily done. Also, the instructor may choose to assign the section on international commodity agreements in chapter 6 separately. Chapter 8, "Development Models and Population Growth," may be omitted or only the short section on the Lewis-Fei-Ranis model may be assigned. The other sections of the chapter require more time if the models are covered in detail. Chapter 11, "Trade and Industrialization," is an important one; however, students will need help in mastering its material. If it is omitted, then material in chapters 13 and 18 that draws on certain diagrams will have to be omitted, or else the diagrams used will have to be ex plained. Chapter 13's in-depth graphic treat ment of foreign direct investment may be skipped without loss of continuity. Chapters 16 through 19 are optional, and will generally be assigned when time permits or the focus of the course demands their coverage. Some of 1- the material of chapter 16 is covered at a lower 4 level in chapter 15.
The text provides the basic background needed to understand the more specialized and diverse literature on economic development. The use of the text, then, can free instructors to choose supplementary readings of interest for the focus of their courses. Once students have gained basic analytical techniques, they can read topical studies with greater under standing.