Growth and Development Economics

Year
2
Academic year
2019-2020
Code
01621540
Subject Area
Economics
Language of Instruction
Portuguese
Mode of Delivery
Face-to-face
Duration
SEMESTRIAL
ECTS Credits
6.0
Type
Compulsory
Level
1st Cycle Studies

Recommended Prerequisites

Macroeconomics I, Microeconomics I, Mathematics I, English.

Teaching Methods

Teaching methodology is based on theoretical and practical classes where students are supposed to have an active participation and solving some exercises.

Learning Outcomes

Overall objectives
To understand the long term dynamics of economic evolution,with focus on international differences of development economic growth and development policies
Specific objectivesGrowth,development and structural change
Theory of economic growth
Rural urban migration,inequalities and population growth and development
The role of patterns of international trade on growth and development
Generic competenciesInternational differences of development
Mechanics of economic growth modelsTo make use of notions of convergenceTo appreciate the relations between industrialization equalities and poverty To identify the influence of population growth and patterns of international trade on development
Specific competenciesTo calculate development indicesNotions of steady state and transitional dynamicsNotion of technical progress and growth accounting Development,population allocation by sector,inequalities and poverty Population growth and low level equilibrium traps of development.

Work Placement(s)

No

Syllabus

  1. Introduction: growth, development and structural patterns of change
  2. Harrod-Domar and Solow
  3. Technical progress and growth accounting
  4. Absolute and conditional convergence
  5. Endogenous growth
  6. Labour force mobility, inequalities and urban unemployment
  7. Population, human capital and development
  8. Patterns of international trade and development.

Head Lecturer(s)

João José Soares Tolda

Assessment Methods

Continuous Assessment
participation: 20.0%
2 tests is quoted : 80.0%

Final Assessment
Exam: 100.0%

Bibliography

FORTUNATO, Adelino Manuel Guimarães - Lições de economia do crescimento e desenvolvimento. Coimbra : FEUC, 2004.

FORTUNATO, Adelino Manuel Guimarães ; TOLDA, João ; COELHO, Lina - Caderno de exercícios práticos de Economia do Crescimento e Desenvolvimento. Coimbra : FEUC, 2013.

GYLFASON, Thorvaldur - Principles of economic growth. Oxford : Oxford University Press, 1999.

HANDBOOK of development economics. Hollis Chenery [et al.]. Amsterdam : North-Holland, 1989. Vol I.

JONES, Charles I.  ; VOLLRATH, Dietrich - Introduction to economic growth. 3rd ed.. New York : W. W. Norton & Company, 2013.

RAY, Debraj - Development economics. Princeton : Princeton University Press, 1998.

THIRLWALL, A. P. - Growth and development : with special reference to developing economies. 8th ed..Basingstoke : Macmillan Press, 2006.

WEIL, David N. - Economic growth. 3rd ed..Boston : Pearson Addison-Wesley, 2013.