The aim of the course is to introduce a various theories and models of economic growth and development, the development impact on income distribution and poverty, role of government in economic growth and development, role of monetary and fiscal policies in development. Use the economic analysis in the major issues related with the growth and the economic development with special reference to developing c economies.

After completing this course, the student will be able to:

1. Explain the economic development.
2. Discuss the impact of development on income distribution and poverty
3. Compare the role of government and private sector.
4. Evaluate the role of different policy
5. Formulate the appropriate policy for the Saudi Arabian economy

1. Theories of Economic Development and Growth
2. Economic Models of Development and Growth
3. Impact of Development on Income Distribution
4. Impact of Development on the state of Poverty
5. Role of Government in Economic Development
6. Industrialization and Development
7. Development of Agricultural Sector
8. Energy Sector and Development
9. Human Capital
10. Open Economy and Development
11. Role of Commercial Policy
12. Role of Fiscal Policy
13. Role of Monetary Policy
14. Foreign Aid
15. Health

E Michael Todaro and Stephen C Smith (2014) Economic Development, 12^th Edition, New York, USA: Pearson.

J. E. Taylor (2015) Essentials of Development Economics, 2^nd Edition, Los Angeles, USA: University of California press.