Economics of Rural Development

lbrai2212  2024-2025  Louvain-la-Neuve

Economics of Rural Development
3.00 credits
30.0 h
Q1
Language
Prerequisites
Introduction to economics, especially micro-economics (e.g., LBIR1260 Principles of Economics)
Main themes
This course is about the economics of rural development, focussing on low- and middle-income countries. It covers several themes on poverty and other development indicators, the role of agricultural transformation in structural transformation, farm-household behaviour and livelihood diversification, gender inequality and women empowerment, and food security and nutrition. As such, this course helps students to better understand how to contribute to the Sustainable Development Goals (SDGs) of no poverty (SDG1), zero hunger (SDG2), gender equality (SDG5), and decent work and economic growth (SDG8).
Learning outcomes

At the end of this learning unit, the student is able to :

1 By the end of this course, students are able to:
  • Measure, monitor and track development over time, using both monetary and non-monetary indicators
  • Understand the role of agricultural transformation in structural transformation and how theories and policies have changed over time
  • Understand why and how farm-households diversify their livelihoods and predict their decisions under market imperfections
  • Understand the extent of gender inequality and how to measure women empowerment
  • Understand how global diets have changed over time and the implications for food insecurity and the triple burden of malnutrition
  • Write an essay in which they provide evidence-based argumentation on the role of agriculture in rural development
Students have acquired the skills to examine rural development using insights from economic sciences. They are able to critically reflect on the role of agriculture in rural development and provide evidence-based argumentation on enabling and hindering conditions in this process.
With respect to the learning outcomes of the program in Bio-engineering, this course contributes to the following main learning outcomes:
- 1.2: to know and understand the basic concepts as part of an introduction to economics
- 3.1: to search for information on a defined and simplified scientific problem, to assess its reliability based on the nature of the source of the information and to produce a summary
- 3.6: To demonstrate an ability to summarise and formulate conclusions on a well-defined scientific question.
- 6.1: To understand and use scientific texts and literature and basic technical documents in French and English.
- 6.2: To communicate information, ideas, solutions and conclusions as well as the knowledge and underlying principles, in a clearly structured, substantiated, concise and comprehensive way (as appropriate) both verbally and in writing according to the standards of communication specific to the context.
- 6.6: To communicate effectively and respectfully with peers and teachers, demonstrating listening skills, empathy and assertiveness.
- 7.1: To demonstrate intellectual independence of thought, to regard knowledge critically.
- 7.3: To understand the key issues of sustainable development and to situate their own career in the light of these challenges.
- 7.4: To demonstrate humanism, cultural openness and solidarity.
- 8.5: To integrate new knowledge and skills independently (including methodological skills) in response to defined situations.
 
Content
Students learn more about the processes of rural development and the economics behind it with a particular focus on the Global South. Five topics are covered:
1) Introduction of different concepts of development, distinguishing between monetary and non-monetary based indicators
2) The role of agricultural transformation in rural development, highlighting how development thinking and policies have changed over time
3) Decisions that farm-households take and how market imperfections influence these decisions
4) Gender equality and the empowerment of women and girls in poor, rural areas
5) Food and nutrition security, and the link with agricultural transformation
The students are first introduced to the theoretical concepts through lectures. Each lecture is followed by a discussion on a related paper that students need to read beforehand and prepare one question about it. Students learn to debate based on their own questions and learn to reason about their answers in an interactive way. 
Teaching methods
Classes, directed reading, oriented questions and answers, debate
Evaluation methods
Essay (75% of overall grade)
Participation during the year based on submitted questions for the paper discussions (25% of overall grade)
Other information
The course will be taught in English. Students are expected to participate in an English-spoken debate.
Online resources
Moodle
Bibliography
Variable 
Teaching materials
  • Slides on moodle
  • Additional background material (articles, policy reports)
Faculty or entity


Programmes / formations proposant cette unité d'enseignement (UE)

Title of the programme
Sigle
Credits
Prerequisites
Learning outcomes
Minor in Development and Environment

Master [120] in Forests and Natural Areas Engineering

Master [120] in Agriculture and Bio-industries

Master [120] in Agricultural Bioengineering