Number of Credits – 03 |
Prerequisites – ECON 1101.3, ECON 1201.3 |
Compulsory/Optional: Optional |
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This course focuses on the concept of development, development theories and aspects of practices in the real world. Equally important is the interplay between theory and practice and the outcome of this relationship. The course provides a comprehensive survey of development thinking from ‘classical’ development ideas to alternative and post development theories. The course then attempts to critically review contemporary debates about development, including the link between modernity and development, participation, empowerment, gender and the role of the development practitioner. Recommended Readings
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Lectures: 30 Hours |
Tutorials: 15 Hours |
Continous Assesments: 20% |
Final Assessment: 80% |
Number of Credits – 03 |
Prerequisites – ECON 1201.3 |
Compulsory/Optional: Optional |
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The course provides a theoretical analysis of international trade topics with references to empirical evidence. The course covers the main theories of international trade and international trade policy. Students will learn the main empirical patterns of current international trade and how to access sources of this information. They will become familiar with the concept of comparative advantage, and study models showing how technological differences, differences in resource endowments, and economies of scale determine trade patterns and income distribution. The effects of various trade policy instruments on welfare will be analyzed. Students will acquire the problem-solving skills necessary to analyze these and similar matters. Recommended Readings
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Lectures: 30 Hours |
Tutorials: 15 Hours |
Continous Assesments: 20% |
Final Assessment: 80% |
Number of Credits – 03 |
Prerequisites – ECON 1101.3, ECON 1201.3 |
Compulsory/Optional: Optional |
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The core objective of the course is to develop macroeconomic models of open economies. In particular, we shall learn how exchange rate, interest rate and output are determined simultaneously through the interaction of goods, money and foreign exchange markets. These models can be applied towards gaining an understanding of recent events such as the strengthening and subsequent weakening of the Sri Lankan Rupee. Recommended Readings
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Lectures: 30 Hours |
Tutorials: 15 Hours |
Continous Assesments: 20% |
Final Assessment: 80% |
Number of Credits – 03 |
Prerequisites – ECON 2101.3 |
Compulsory/Optional: Optional |
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This course equips students with an understanding of the key economic principles and policies for managing natural resources; environmental valuation techniques; policy instruments for achieving environmental objectives and also economic interventions to address both climate change and natural disasters. The course exposes students to the environmental perspective of Sustainable Development and relates this perspective to Economic and Social objectives, describing the relationship between the economy and the environment. Recommended Readings
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Lectures: 30 Hours |
Tutorials: 15 Hours |
Continous Assesments: 20% |
Final Assessment: 80% |
Number of Credits – 03 |
Prerequisites – ECON 2204.3 |
Compulsory/Optional: Compulsory |
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This is a sub-discipline of Economics that provides the tools to test or validate economic theory, make forecasts or predictions and to assess policy options. This module will focus on learning and practicing basic Econometrics; the thrust will be largely practice rather than theory. Econometrics draws on mathematics, statistics and most importantly economic theory. The objective here is to introduce econometric theory at a very basic level and to afford you the opportunity to apply the tools using real world data. Recommended Readings
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Lectures: 30 Hours |
Tutorials: 15 Hours |
Continous Assesments: 20% |
Final Assessment: 80% |
Number of Credits – 03 |
Prerequisites – ECON 3101.3 |
Compulsory/Optional: Optional |
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This course investigates selected issues in comparative historical perspective over the 19th century and the first few decades of the 20th century. The course focuses on a set of countries, which followed clearly diverse trajectories and patterns of growth to achieve their industrial transition and compares the outcomes of these diverse trajectories on sectoral change, inter-sectoral relations, labour processes and industrial relations and also compares the role of the state in facilitating the respective trajectories. Recommended Readings
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Lectures: 30 Hours |
Tutorials: 15 Hours |
Continous Assesments: 20% |
Final Assessment: 80% |
Number of Credits – 03 |
Prerequisites – ECON 3102.3 |
Compulsory/Optional: Optional |
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This course develops core models of international finance, and surveys selected topics in international financial markets; exchange rates and purchasing power parity; equity and bond home biases; determinants of capital flows; sovereign debt crisis; speculative attacks and financial crises; contagion and financial linkages; exchange rate regimes and monetary policy choices; and the stability of the international financial system. Recommended Readings
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Lectures: 30 Hours |
Tutorials: 15 Hours |
Continous Assesments: 20% |
Final Assessment: 80% |
Number of Credits – 03 |
Prerequisites – ECON 3103.3 |
Compulsory/Optional: Optional |
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This course aims to provide an understanding of the financial institutions and markets at global and local level. The course is divided into two broad modules i.e. Financial Institutions and Financial Markets. These two modules are further divided. Financial Institutions will cover banking, non-banking institutions and specialized credit institutions. On the other hand, Financial Markets module will aim to enhance students’ knowledge about money markets, stock market, bond market, foreign exchange market and financial derivate market. Recommended Readings
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Lectures: 30 Hours |
Tutorials: 15 Hours |
Continous Assesments: 20% |
Final Assessment: 80% |
Number of Credits – 03 |
Prerequisites – ECON 3104.3 |
Compulsory/Optional: Optional |
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This course studies the application of economic analysis to the management of the environmental and natural resources. It will consider the role of economic theory in understanding and solving environmental and resource problems and discuss empirical examinations of the theory. Policy implications will be addressed with particular attention paid to analyzing practical applications of the theories in different social, economic and political environments. Recommended Readings
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Lectures: 30 Hours |
Tutorials: 15 Hours |
Continous Assesments: 20% |
Final Assessment: 80% |
Number of Credits – 03 |
Prerequisites – ECON 3105.3 |
Compulsory/Optional: Compulsory |
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We will discuss various econometrics methods from both theoretical and practical aspects. The objective is to provide students with a solid theoretical and practical foundation for the interpretation of empirical evidence in economics. As such there is a dual focus on econometric theory and “hands-on” experience working with economic data. The centerpiece of the course is the multiple regression model. Statistical assumptions, theory, and results are developed, as are the necessary conditions for the valid application of regression analysis to economic data. Recommended Readings
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Lectures: 30 Hours |
Tutorials: 15 Hours |
Continous Assesments: 20% |
Final Assessment: 80% |
Number of Credits – 03 |
Prerequisites – None |
Compulsory/Optional: Compulsory |
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The main objective of this course is to provide students with a sound knowledge on the economy of Sri Lanka and arrange sources and content of data and construct meaningful cause-effect relationships between the macro variables of the economy while developing arguments and make appropriate judgments where applicable in addressing practical issues of the economy. Recommended Readings There are no textbooks for Economy of Sri Lanka. Reports of the Central Bank of Sri Lanka and Census Department of Sri Lanka are mainly important as data sources |
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Lectures: 30 Hours |
Tutorials: 15 Hours |
Continous Assesments: 20% |
Final Assessment: 80% |
Number of Credits – 03 |
Prerequisites – ECON 2201.3, ECON 2203.3 |
Compulsory/Optional: Compulsory |
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This course presents an in-depth analysis of modern macroeconomic theory. The course provides an advanced overview of the field as well as a rigorous analysis of the field’s foundations. Students who do not necessarily intend to specialize in macroeconomics are thereby exposed to the most up to date theories, while those students who plan to pursue higher research in macro-economics are well equipped with the latest techniques and know how. Topics to be discussed typically include: Rational expectations, Dynamic analysis, Business cycles, Nominal rigidities, Monetary Policy. Recommended Readings
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Lectures: 30 Hours |
Tutorials: 15 Hours |
Continous Assesments: 20% |
Final Assessment: 80% |
Number of Credits – 03 |
Prerequisites – ECON 2101.3, ECON 2201.3 |
General Degree Course Unit |
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The main objective of this course is to provide students with a knowledge on reviewing economic policies national policies, provide policy recommendations and make needs assessments within the theoretical framework of Economics and train them to write policy review, policy recommendation and needs assessment reports. Recommended Readings Students are free to read from any standard source to have a comprehensive knowledge on writing these reports. |
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Lectures: 30 Hours |
Tutorials: 15 Hours |
Continous Assesments: 20% |
Final Assessment: 80% |
Number of Credits – 03 |
Prerequisites – None |
Compulsory/Optional: Compulsory |
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The primary objective of this course is to develop a research orientation among the scholars and to acquaint them with fundamentals of research methods. Specifically, the course aims at introducing them to the basic concepts used in research and to scientific social research methods and their approach. It includes discussions on sampling techniques, research designs and techniques of analysis. Recommended Readings
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Lectures: 30 Hours |
Tutorials: 15 Hours |
Formative Assessment: 40% |
Summative Assessment : 60% |