| Course Type | Elective Course |
|---|
| Course Level | Bachelor's Degree |
|---|
| Year of Study | - |
|---|
| Semester | - |
|---|
| ECTS | 5 |
|---|
| Name of Lecturer(s) |
|
| Learning Outcomes |
At the end of this course, the students;
- Should have developed an awareness of the various viewpoints on the following and should be able to synthesize them to a certain degree: The benefits and costs of globalization and foreign direct investment.
- Private and social returns on human capital and education at various levels.
- Determinants of agricultural development and the reasons for the existence of and efficiency levels of various agricultural management systems.
- Determinants of rural-urban migration and its effects on places of origin and destination.
- Characteristics of the informal sector, the reasons for its existence and the symbiosis between economic growth and income distribution.
- Conditions for economic sustainability.
- The relationship between economic growth aand income distribution.
- Corruption and its effects on economic growth.
- The effects of various institutions, especially those of the institutions of property rights, on economic growth.
|
| Mode of Delivery | Face to face |
|---|
| Prerequisites | No |
|---|
| Recommended Optional Programme Components | None |
|---|
| Course Description | In this course, we will analyze and apply economic theory to the empirical observations of economic growth and answer the following questions: Why does the output per capita in some countries grow faster than others? Why do living standards differ so much across countries and regions? Why are some countries 50 times richer than others? Why do per capita growth rates differ over long periods? What are the limits to growth?
The course follows a clear structure: beginning with foundational growth theory (exogenous and endogenous models), moving through various mechanisms of technological change, then transitioning to development economics topics examining how geography, culture, religion, political economy, and inequality affect economic outcomes. |
|---|
| Course Contents |
| WEEK |
TOPICS |
|
1st Week |
Syllabus, Economic Growth: Why do we care about economic growth?, Review of the Exogenous growth models |
|
2nd Week |
Introduction to Endogenous Growth Models, AK Model |
|
3rd Week |
Growth with externalities |
|
4th Week |
Growth with externalities |
|
5th Week |
Endogenous technological change |
|
6th Week |
Schumpeterian growth |
|
7th Week |
Midterm |
|
8th Week |
Directed technical change |
|
9th Week |
Topics in Development: Geography |
|
10th Week |
Topics in Development: Culture |
|
11th Week |
Topics in Development: Religion |
|
12th Week |
Topics in Development: Political Economy |
|
13th Week |
Topics in Development: Inequality |
|
14th Week |
Presentations |
|
| Recommended or Required Reading | David N. Weil, Economic Growth, New York: Pearson- Addison Wesley, 2005.
Barro, Robert J. and Sala-i-Martin, Xavier (2004). Economic growth (Second edition). Boston: MIT Press
Jones, C., and Vollrath, D. (2013). INTRODUCTION TO ECONOMIC GROWTH 3rd ed. |
|---|
| Planned Learning Activities and Teaching Methods |
|
|---|
| Assessment Methods and Criteria |
|
Quantity |
Percentage (%) |
| Mid-term |
1 |
40 |
| Project |
1 |
25 |
| Attendance |
1 |
10 |
| Presentation of Article |
1 |
25 |
| Total(%) |
|
100 |
| Contribution of In-term Studies to Overall Grade(%) |
|
100 |
| Contribution of Final Examination to Overall Grade(%) |
|
0 |
| Total(%) |
|
100 |
|
| ECTS Allocated Based on Student Workload |
| Activities |
Quantity |
Duration (Hour) |
Total Workload (Hour) |
| Midterm exam |
0 |
0 |
0 |
| Preparation for Quiz |
|
|
|
| Individual or group work |
1 |
30 |
30 |
| Preparation for Final exam |
1 |
50 |
50 |
| Course hours |
14 |
3 |
42 |
| Preparation for Midterm exam |
1 |
20 |
20 |
| Laboratory (including preparation) |
0 |
0 |
0 |
| Final exam |
1 |
1 |
1 |
| Homework |
1 |
10 |
10 |
| Total Work Load | 153 |
| Total Work Load / 30 (h) | 5.1 |
| ECTS Credit of the Course | 5 |
|
| Language of Instruction | English |
|---|
| Work Placement(s) | No |
|---|
