| 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 |
EFIM10025 - Economics 1, AND EFIM10027 - Economics 2, OR EFIM10026 - The Economy |
| Co-requisites |
None |
| School/department | School of Economics |
| Faculty | Faculty of Social Sciences and Law |
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. The main objective of this course is to introduce you to theoretical and empirical examination of income differences between countries and their growth processes. The first part of the course will focus on the impact of factor accumulation (physical capital, population growth, and human capital) on income and growth rates among countries. The second part of the course, will demonstrate the importance of variation in productivity in explaining cross country differences in income and growth.
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 will be delivered through a combination of synchronous and asynchronous sessions such as online teaching for large and small group, face-to-face small group classes (where possible) and interactive learning activities
Online examination
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]
