The purpose of this course is to provide a rigorous background to the key issues of development economics at advanced undergraduate and graduate level. Students will acquaint themselves with important and contemporary challenges faced by developing countries. This course will cover an extensive range of theories and their applications in developing countries, including the meaning and measurement of economic development, the role of institutions, interactions of poverty, inequality and development, population and urbanization, and development finance. The course will help students to become critical readers of development paradigms and applications across developing countries. Based on extensive readings and write-ups, students will develop competence in pursuing further studies in the subject and conduct analytical work on a topic related to the course. Students are expected to have completed micro (ECON3013: Intermediate Microeconomics) and macroeconomics (ECON3023: Intermediate Macroeconomics) courses or approved substitutes at least at the intermediate level.