COURSE INFORMATION
Course Title: DEVELOPMENT AND GROWTH I
Code Course Type Regular Semester Theory Practice Lab Credits ECTS
ECO 421 B 1 3 0 0 3 7.5
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 , 13.30-15.15, Thursday
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: 15.30-18.15, Thursday
Course Description: 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: There are several objectives of the course. 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 Introduction to Economic Growth and Development
2 Economic Institutions, and Development: A Global Perspective
3 Comparative Economic Development
4 Classic Theories of Economic Growth and Development
5 Classic Theories of Economic Growth and Development
6 Contemporary Models of Economic Development and Underdevelopment
7 Contemporary Models of Economic Development and Underdevelopment
8 Poverty, Inequality and Development
9 Poverty, Inequality and Development
10 Population Growth and Economic Development: Causes, Consequences and Controversies
11 Urbanization & Rural-Urban Migration: Theory and Policy
12 Human Capital: Education and Health in Economic Development
13 Students’ Presentations
14 Students’ Presentations
Prerequisite(s): NA
Textbook: Todaro, Michael P. and Stephen C. Smith. Economic Development 12th Edition, Pearson Addison-Wesley, 2015.
Other References: 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)
Laboratory Work: NA
Computer Usage: NA
Others: No
COURSE LEARNING OUTCOMES
1 Application of economic models and theories 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 Economics Program
1 Students apply advanced knowledge in economics 4
2 Students explain the interaction between related disciplines and economics 5
3 Students apply scientific methods to address economic problems 4
4 Students define existing theory in a specialized branch of economics 5
5 Students critically evaluate knowledge in economics and carry out advanced research independently 5
6 Students develop economic models and formulate policy options 3
7 Students make an original contribution to the discipline 2
8 Students effectively communicate in a variety of professional and academic contexts 3
9 Students will develop new strategic approaches for unexpected, complicated situations in economics and take responsibility in solving them 5
10 Students uphold and defend ethical values data collection, interpretation and dissemination 5
11 Students use advanced empirical analyses to address social problems 5
12 Students interact with professional networks in their field of specialization 3
COURSE EVALUATION METHOD
Method Quantity Percentage
Presentation
8
5
Project
1
60
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 3 48
Mid-terms 0
Assignments 0
Final examination 1 25 25
Other 1 29 29
Total Work Load:
150
Total Work Load/25(h):
6
ECTS Credit of the Course:
7.5