COURSE INFORMATION
Course Title: DEVELOPMENT AND GROWTH II
Code Course Type Regular Semester Theory Practice Lab Credits ECTS
ECO 422 B 2 3 0 0 3 6
Academic staff member responsible for the design of the course syllabus (name, surname, academic title/scientific degree, email address and signature) NA
Lecturer (name, surname, academic title/scientific degree, email address and signature) and Office Hours: Eglantina Hysa
Second Lecturer(s) (name, surname, academic title/scientific degree, email address and signature) and Office Hours: NA
Teaching Assistant(s) and Office Hours: NA
Language: English
Compulsory/Elective: Elective
Classroom and Meeting Time: To be announced
Course Description: Development and Growth II: Major elements in the economic development of resources, production, marketing, finance, labor; economic policy; political, social and technological factors affecting economic development, theories of growth.
Course Objectives: . First, students should be aware of the current debates about the definition of economic progress, and what we should consider when studying ‘economic development and growth’. Secondly, they should become familiar with the available cross-country data, and how this data can be used to draw meaningful insights into the important determinants of economic growth. Thirdly, students should have a good understanding of the formal economic models of economic growth and be able to use these models as a basis for understanding and distinguishing the various sources of, and constraints on, economic growth.
COURSE OUTLINE
Week Topics
1 Agricultural Transformation and Rural Development
2 Agricultural Transformation and Rural Development
3 The Environmental and Development
4 The Environmental and Development
5 Development Policymaking and the Roles of the Market, State and Civil Society
6 Development Policymaking and the Roles of the Market, State and Civil Society
7 International Trade Theory and Development Strategy
8 Mid-term exam
9 International Trade Theory and Development Strategy
10 Balance of Payments, Developing-Country Debt, and the Macroeconomic Stabilization Controversy
11 Foreign Finance, Investment and Aid: Controversies and Opportunities
12 Foreign Finance, Investment and Aid: Controversies and Opportunities
13 Finance and Fiscal Policy for Development
14 Some Critical Issues for the Twenty-First Century
Prerequisite(s):
Textbook: Todaro, Michael P. and Stephen C. Smith. Economic Development Tenth Edition, Pearson Addison-Wesley, 2008. Charles Jones Introduction to Economic Growth (2nd ed.) W.W. Norton & Co, 2002. David N. Weil, Economic Growth, 2/E, Brown University, Rhode Island Peter Sorensen & Hans Whitta-Jacobsen, Introducing Advanced Macroeconomics: Growth and Business Cycles, McGraw-Hill, 2005 (Advanced Undergraduate Textbook)
Other References:
Laboratory Work:
Computer Usage:
Others: No
COURSE LEARNING OUTCOMES
1 Application of economic models and theories in order to better understand the causes and consequences of economic growth at an international level.
2 Knowledge of distributional consequences of economic growth (inequality, structural adjustments etc.).
3 Knowledge of the implications of globalization on specific sectoral policies such as agricultural policy, energy policy.
4 Knowledge of specific concepts such as fair and sustainable growth.
COURSE CONTRIBUTION TO... PROGRAM COMPETENCIES
(Blank : no contribution, 1: least contribution ... 5: highest contribution)
No Program Competencies Cont.
Master of Science in Banking and Finance Program
COURSE EVALUATION METHOD
Method Quantity Percentage
Presentation
1
50
Term Paper
1
50
Total Percent: 100%
ECTS (ALLOCATED BASED ON STUDENT WORKLOAD)
Activities Quantity Duration(Hours) Total Workload(Hours)
Course Duration (Including the exam week: 16x Total course hours) 16 3 48
Hours for off-the-classroom study (Pre-study, practice) 16 2 32
Mid-terms 0
Assignments 1 22 22
Final examination 0
Other 1 48 48
Total Work Load:
150
Total Work Load/25(h):
6
ECTS Credit of the Course:
6