Growth and Development Economics

Recommended Prerequisites

Principles of Macroeconomics, Macroeconomics I, Mathematics II, English

Teaching Methods

Teaching methodology is based on theoretical and practical classes where students are supposed to have an active participation and solving several exercises. Theorectical lectures combine exposition of economic intuition combined with graphical and mathematical exposition and proofs of important results. 

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 objectives

 

Growth, development and structural change

Theory of economic growth

Inequalities and population growth and development

The role of patterns of international trade on growth and development

 

Generic competencies

 

International differences of development

Mechanics of economic growth models

To make use of notions of convergence

To appreciate the relations between development, inequalities and poverty

To identify the influence of population growth and patterns of international trade on development

 

Specific competencies

 

To calculate growth rates

To calculate development indices

Notions of steady state and transitional dynamics

Notion of technical progress and growth accounting

Development, population allocation by sector, inequalities and poverty

Population growth and low level equilibrium 

Work Placement(s)

No

Syllabus

1. Growth, development and structural transformation.

2. Poverty and inequality.

3. Solow's growth model

4. Technical Progress and Growth Accounting

5. Empirical implications of Solow's Model

6. Absolute and conditional convergence

7. Endogenous growth

8. International trade and growth

9. Population and development

Head Lecturer(s)

Tiago Miguel Guterres Neves Sequeira

Assessment Methods

Assessment
Periodic or by final exam as given in the course information: 100.0%

Bibliography

Bibliografia Principal:

AFONSO, O., VASCONSELOS, P., NEVES, P. e SEQUEIRA, T. (2019). Crescimento Económico. Edições Almedina (Crescimento Económico (almedina.net))

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

Bibliografia complementar:

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

Bibliografia para as aulas práticas:

Caderno de Exercícios preparados pelas equipas docentes.