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Unit information: Growth and Development in 2016/17

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Unit name Growth and Development
Unit code ECON20023
Credit points 20
Level of study I/5
Teaching block(s) Teaching Block 1 (weeks 1 - 12)
Unit director Dr. Sepahsalari
Open unit status Not open
Pre-requisites

EFIM10007 Economic Principles 2

Co-requisites

None

School/department School of Economics
Faculty Faculty of Social Sciences and Law

Description

Why do some countries grow rich while others remain poor? This unit aims to provide an introduction to theoretical and empirical research on economic growth and aggregate development. Core topics include growth models; growth accounting; the causes and effects of population growth; trade policy; the links between growth and inequality; the role of government and institutions in development; foreign aid; and growth and the environment. An analytical approach is encouraged, based on the use of models and statistical evidence. The main textbooks listed below, especially that by David Weil, provide a good indication of the topics and approaches covered in the course.

Intended learning outcomes

By the end of this unit students will obtain the following learning objectives; • Knowledge of theory and evidence on growth and development • Skills involved in research, including library resources and the internet; • Applying abstract reasoning to practical problems; • Problem-solving using analytical and quantitative skills.

Teaching details

18 hours of lectures and revision lectures

8 hours of classes

Assessment Details

Formative assessment: nine technical problem sets and one essay assignment; two of the problem sets, and the essay, will be marked.

Summative assessment: 100% by a three-hour closed-book exam.

The assessment examines the ILOs.

Reading and References

Helpman, Elhanan (2004), The Mystery of Economic Growth, Belknap, Harvard University Press, Cambridge MA. [HD 82 HEL]

Jones, Charles I.and Vollrath, Dietrich (2013). Introduction to Economic Growth, (3rd edition). Norton. [HD 82 JON]

Weil, David N. (2008), Economic Growth (second edition), Pearson - Addison Wesley. [HD 82 WEI]

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