Finance and Development

Faculteit Economie en Bedrijfskunde
Jaar 2017/18
Vakcode EBM069A05
Vaknaam Finance and Development
Niveau(s) master, uitwisseling
Voertaal Engels
Periode semester II b
ECTS 5
Rooster rooster

Uitgebreide vaknaam Finance and Development
Leerdoelen Upon completion of the course the student is able to:
1. demonstrate ability to summarize current theories on the economics of microfinance, finance and development and finance and inequality.
2. apply analytical tools to deal with microfinance and finance and development issues in developing countries.
3. evaluate current debates on the importance of microfinance in the process of economic development.
Omschrijving The course is designed for MSc students with a background in (business) economics. The focus is on the role of finance in the process of development in developing countries, with a strong focus on microfinance. The basis for the course consists of theories on financial development and the economics of microfinance which are applied to developing countries. Attention is paid to the opportunities and limitations of financial institutions in developing countries in general, and microfinance institutions in particular. Questions regarding the functioning and performance of (rural) financial markets in the context of developing economies are raised and discussed. Specific topics include: Finance and Development; Finance and Inequality; the role of state banks; why intervene in credit markets?; the economics of microfinance; techniques to measure impact of financial interventions. The course contains main lectures, guest lectures and group oral presentations by students.
Uren per week 6
Onderwijsvorm hoorcolleges, werkcolleges
(guest lectures)
Toetsvorm presentatie(s), schriftelijk tentamen met open vragen
Vaksoort master
Coördinator F. Cecchi
Docent(en) F. Cecchi, PhD. ,dr. A.M. Mueller
Verplichte literatuur
Titel Auteur ISBN Prijs
The Economics of microfinance, second edition, MIT press, 2010 Armendariz, Beatrice, and Jonathan Morduch 9780262513982 ca. €  35,00
List of academic papers Various
Entreevoorwaarden The course is open for all students with a Bsc in business or economics.
Opmerkingen The course can be followed as an elective for the different master programmes within the Faculty of Economics and Business and is open for a max of 8 Exchange Students.

Secretary: Grietje Pol, phone +31 (0)50 3633685, e-mail: g.pol@rug.nl, room 5411.0836
Opgenomen in
Opleiding Jaar Periode Type
Courses open to Exchange Students (MSc)  (Courses open to Exchange Students (MSc) with limited access) 1 semester II b keuze
DD MSc Economics - Universidad de Chile, Santiago (1,5-jarig)  (keuzevakken voor studenten uit Chili) 2 semester II b keuze
DD MSc Finance - Lund University, Lund (1,5-jarig)  (basisprogramma voor studenten van FEB) 1 semester II b keuzegroep
DD MSc IE&B - Lund University, Lund (2-jarig) 1 semester II b keuzegroep
DD MSc IE&B – Corvinus University, Budapest (2-jarig)  (keuzevakken B DD MSc IE&B - CUB) 1 semester II b keuze
DD MSc IFM - Fudan University, Shanghai (2-jarig)  (keuzevakken MSc IFM) 1 semester II b keuze
DD MSc IFM – UU, Uppsala (1,5 year)  (keuzevakken voor studenten van FEB) 2 semester II b keuze
MSc Economics  (keuzevakken B MSc Economics) 1 semester II b keuze
MSc Finance  (keuzevakken A MSc Finance) 1 semester II b keuze
MSc Industrial Engineering and Management  (Optional management modules) - semester II b keuze
MSc International Business & Management/IB&M  (keuzevakken B MSc IB&M) 1 semester II b keuze
MSc International Economics & Business/IE&B  (keuzevakken B MSc IE&B) 1 semester II b keuze
MSc International Financial Management/IFM  (keuzevakken MSc IFM) 1 semester II b keuze
Msc Philosophy, Politics and Economics 1 semester II b keuzegroep