Economic Growth and Historical Development

Study Board of Market and Management Anthropology, Economics, Mathematics-Economics, Environmental and Resource Management

Teaching language: English
EKA: B560059102
Censorship: Second examiner: External
Grading: 7-point grading scale
Offered in: Odense
Offered in: Spring
Level: Master

Course ID: B560059101
ECTS value: 10

Date of Approval: 05-10-2021


Duration: 1 semester

Course ID

B560059101

Course Title

Economic Growth and Historical Development

Teaching language

English

ECTS value

10

Responsible study board

Study Board of Market and Management Anthropology, Economics, Mathematics-Economics, Environmental and Resource Management

Date of Approval

05-10-2021

Course Responsible

Name Email Department
Nina Boberg-Fazlic ninaboberg@sam.sdu.dk Økonomisk institut (00)

Offered in

Odense

Level

Master

Offered in

Spring

Duration

1 semester

Recommended prerequisites

The course requires completion of courses in Macroeconomics, Microeconomics and Econometrics at the BA level. This includes knowledge about growth theory from macroeconomics, utility maximization from microeconomics and linear regression models from econometrics. The basic knowledge can be acquired from Blanchard and Johnson’s Macroeconomics, Pearson; Varian’s Intermediate Microeconomics, Norton and Wooldridge’s Introductory Econometrics, South-Western.

Aim and purpose

The purpose is to provide an advanced treatment of the subject of economic growth and historical development. Sustained economic growth is the most important feature of world economic history, and it has changed the lives of billions of people. In the course we aim to understand the drivers of economic growth.

The course provides the students
  • With specialized knowledge on the topic of economic growth and historical development both in terms of theory and empirical work.
  • With the necessary skills to work with models within this field.
  • With competencies which help the students test hypotheses about economic growth and historical development.

Content

Proximate factors in economic growth and historical development. 

Fundamental factors in economic growth and historical development. 

Causal inference and identification strategies.

Learning goals

To fulfill the goals of the course the students should:

Description of outcome - Knowledge

Demonstrate knowledge of the focus of the course such that they are able to:

  • Appreciate the empirical methods of articles that conduct quantitative analysis.
  • Appreciate some of the key debates among researchers in the field.
  • Appreciate the most important literature relevant to economic growth and historical development. 

Description of outcome - Skills

Demonstrate skills such that they are able to:

  • Analyze theoretical models as well as be able to provide intuition for central mechanisms.
  • Collect information on a topic within the field of economic growth.

Description of outcome - Competences

Demonstrate competencies such that they are able to:

  • Apply their knowledge of empirical methods to articles that conduct quantitative analysis.
  • Discuss and evaluate the aforementioned articles.
  • Analyze economic data related to economic growth.

Literature

The literature will be based on journal articles, book chapters, reports, and lecture notes.

Teaching Method

Lectures including student presentations.

Workload

Scheduled classes:
3 hours per week for 15 weeks.

Workload:
Teaching activites result in an estimated distribution of the work effort of an average student as follows:
Lectures - 45 hours
Preparation for lectures - 90 hours
Preparation for presentations - 60 hours
Written report - 45 hours
Preparation for oral exam - 29.7 hours
Oral examination - 0.3 hours
Total - 270 hours

This corresponds to an average weekly workload of 13 hours during the semester, including the exam.

Examination regulations

Exam

Name

Exam

Timing

Exam: June
Reexam: August

Tests

Exam

Name

Exam

Form of examination

Take-home assignment with oral defence

Censorship

Second examiner: External

Grading

7-point grading scale

Identification

Student Identification Card - Date of birth

Language

English

Duration

Written report:

During the semester, hand in in June

Oral examination:

20 minutes.

Length

To be agreed.

Examination aids

All exam aids allowed.

Assignment handover

The assignment is handed over in Digital Exam.

Assignment handin

Electronic hand-in via Digital Exam.

ECTS value

10

Additional information

The evaluation of the course has two elements (one grade is given):
  1. Written report, individual
  2. Oral examination, individual, 20 min. (without preparation) based on the report and the curriculum. 

The examination randomly tests the student's attainment of the course goals. 

A revised report can be handed in for the reexam.

EKA

B560059102

External comment

NOTE - This course is identical with the former course 9332001 Economic Growth and B560038101 Economic Growth.

Used examination attempts in the former identical course will be transferred.
Courses that are identical with former courses that are passed according to applied rules cannot be retaken.

Courses offered

Offer period Offer type Profile Education Semester

Teachers

Name Email Department City
Nina Boberg-Fazlic ninaboberg@sam.sdu.dk Økonomisk institut (00) Odense

URL for Skemaplan

Odense
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