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Economy: Africa

Vak
2021-2022

Admission requirements

This course is only available for students in the BA International Studies programme.
Limited places are also open for exchange students.
Please note: this course takes place in The Hague. Traveling between University buildings from Leiden to The Hague may take about 45 minutes.

Description

This course will equip students with both a broad general understanding of African economies and more in-depth knowledge on relevant dynamics in contemporary African political economies in the context of processes of globalization and modernization.

The study of diverse economies in Africa will offer students insights into the (contested) notion of ‘Africa’ as a continent and its relation to processes of ‘globalization’ from the perspective of a diversity of economic dynamics. In particular in the neoliberal era of the late 20th century Africa has alternatively been referred to as a ‘dark’, ‘failed’, or ‘sinking continent’ while more recently the notion of ‘Africa rising’ is used. Whatever the qualifications, Africa constitutes an ‘inconvenient continent’ where the continuing dominance of external economic interests intersects with new as well as longer existing economic spheres. The imbalance between the global North and South is not ‘natural’ or ‘self-evident’ but, rather, the result of a long history of (post)colonial developments which, in Africa, have impacted countries and societies in diverse and sometimes unexpected ways.

The course includes the following study subjects: classic theories of economic growth; contemporary models of development; poverty and inequality; population growth; urbanization; human capital; agricultural transformation and rural development; environment and development; balance of payments, debt, financial crises and stabilization policies; foreign finance, investment, aid; finance and fiscal policy. African case studies will be analysed in connections to these study subjects.

Course objectives

Students have:

  • Acquired an overview of the historical and contemporary economic developments and political economy dynamics in their chosen area and deepened their existing knowledge and understanding of different economic systems, economic institutions, economic processes and actors in the different regions / countries of the region, using the concepts acquired during the courses Principles of Economics and Foundations of Political Economy.

  • Been acquainted with academic debates on selected topics in the specific region.

Timetable

Visit MyTimetable.

Mode of instruction

Lectures

Lectures are held every week, with the exception of the midterm exam week. Weekly lectures will cover issues both inside and outside the readings.

Tutorials

Tutorials are held once every three weeks, with the exception of the midterm exam week. Attending all tutorial sessions is compulsory. For this reason, if you are unable to attend a session, it is required that you inform your tutor in advance. Please note that being absent at any tutorial session may have a negative impact on the grade of the assignment due for that particular tutorial session. This is at the discretion of the tutor.

Assessment method

Assessment

  • Midterm Exam:
    Written examination with short open questions and (up to) 50% multiple choice questions.

  • Final Exam:
    Written examination with short open questions and (up to) 50% multiple choice questions.

Weighing

Partial grade Weighing
Tutorials 40%
Midterm Exam 30%
Final Exam 30%

End Grade

To successfully complete the course, please take note of the following:

  • The end grade of the course is established by determining the weighted average of Tutorial grade, Midterm Exam grade, and Final Exam grade.

  • The weighted average of the Midterm Exam grade and the Final Exam grade needs to be 5.5 or higher.

  • This means that failing Exam grades cannot be compensated with a high Tutorial grade.

Resit

If the end grade is insufficient (lower than a 6.0), or the weighted average of Midterm- and Final Exams is lower than 5.5, there is a possibility of retaking the full 60% of the exam material, replacing both the earlier Midterm- and Final Exam grades. No resit for the tutorial is possible.
Please note that if the Resit Exam grade is lower than 5.5, you will not pass the course, regardless of the tutorial grade.

Retaking a passing grade

Please consult the Course and Examination Regulations 2021 – 2022.

Exam review and feedback

How and when an exam review will take place will be disclosed together with the publication of the exam results at the latest. If a student requests a review within 30 days after publication of the exam results, an exam review will have to be organised.

Reading list

To be announced.

Registration

  • Enrolment through uSis for Tutorials and Lectures is mandatory.

  • Students will be enrolled for Exams by the Administration Office, as long as they have a valid Tutorial enrolment.

  • General information about uSis is available on the website.

Contact

Remarks

All other information.