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
Lecturer and Office Hours: Eglantina Hysa 13.30-15.15, Thursday
Second Lecturer(s): 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.
MSc BAF Program
1 The students are gained the ability to look at the problems of daily life from a broader perspective. They gain the needed skills not only to understand economic problems in banking and finance but also to construct a model and defend in meaningful way. 3
2 They have knowledge about the finance and banking. 3
3 They have knowledge about the money and banking. 3
4 They have knowledge about the international finance and banking. 4
5 They have ability to use mathematical and statistical methods in banking and finance. 1
6 They know how to use computer programs in both daily office usage and statistical data evaluations in banking and finance department. 1
7 They have necessary banking and finance skills that needed in private and public sector. 2
8 They are intended to be specialist in one of departmental fields that they choose from the list of general economics, finance economics, public finance, corporate finance, finance management, international finance markets and institutions, banking and central banking, international finance and banking, money and banking, international trade and banking. 5
9 They have ability to utilize fundamental economic theories and tools to solve economic problems in banking and finance. 4
10 They are aware of the fact that banking and finance is a social science and they respect the social perspectives and social values of the society’s ethics. 4
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