| 1 | Country Studies | EBM093A05 |
| What are the opportunities and bottlenecks for economic development in a country? What are the lessons for government policies? In this hands-on course, you will focus in-depth on the causes and consequences of economic development in a specific country. As part of a small team, you will analyze one particular theme such as the education system, trade, the business environment or the financial sector. Your analysis will be based on academic literature that discusses what makes a successful institution and statistical data sources. The literature on your theme will be introduced in thematic groups with members from other country teams. The analysis of your theme forms one chapter of the final country report. The insights from the different analyses by the group members are synthesized into a summary chapter to provide useful information for policy makers about the prospects for economic growth and doing business in your country. Together with your team, you will analyze growth patterns and discuss the findings and policy recommendations from your report with the lecturers and other course participants. Your final course grade is based on an individual grade for the chapter you contribute to the country report; a grade for the quality of the feedback you provide to fellow students; a group grade for the summary chapter that synthesizes the other chapters; and a grade for your contribution to a discussion panel. |
| Faculteit | Economie en Bedrijfskunde | | Voertaal | Engels | | Coordinator | K.M. Wacker, PhD. | | Docent(en) | prof. dr. D.J. Bezemerdr. A. Minasyan K.M. Wacker, PhD.dr. R.H.T. Wiese | | Onderwijsvorm | -groepsbegeleiding , -hoorcollege , -individuele begeleiding, -practicum, -groepsbegeleiding , -hoorcollege , -individuele begeleiding, -practicum | | Toetsvorm | -groepsopdracht, -individuele opdracht, -groepsopdracht, -individuele opdracht | | ECTS | 5 | | Entreevoorwaarden | Bachelor's degree in Economics and Business Economics or comparable qualification. Builds on knowledge of macroeconomics and economic growth. | | Opmerkingen | Secretary GEM: gem.feb@rug.nl, +31(0)50 363 3458, 5411.0536
Coordinator: k.m.wacker@rug.nl |
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| 2 | Economic Development | EBM095B05 |
| Why are some countries poor and some countries rich? This course explores the measurement and analysis of growth and development in today's world. Global economic growth has been rapid since the 1950s but uneven across countries, and major challenges to growth have appeared in the last decade. What were successful growth strategies in the past, and what are the implications of recent changes to trade and technology? What are the implications for inequality and the sustainability of living standards around the world? We discuss new global trends that provide both opportunities and challenges for growth and development. This will be done by in-depth study and discussion of major articles in this field. |
| Faculteit | Economie en Bedrijfskunde | | Voertaal | Engels | | Coordinator | dr. G.J. de Vries | | Docent(en) | dr. G.J. de Vriesprof. dr. R.C. Inklaar | | Onderwijsvorm | -hoorcollege , -werkcollege | | Toetsvorm | -computer test/wekelijkse quiz, -individuele opdracht, schriftelijk tentamen | | ECTS | 5 | | Entreevoorwaarden | Intermediate-level of knowledge on theory and empirics of Economic Growth or Development Economics is strongly recommended. | | Opmerkingen | Secretariat GEM: gem.feb@rug.nl, +31(0)50 363 3458, 5411.0538
Coordinator: g.j.de.vries@rug.nl |
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| 3 | Economic Geography | EBM094A05 |
| The geo-economic map of the world changes constantly. Globalization has led to a rapid increase of these changes in the location decisions of firms. This course aims to provide students with a better understanding of the resulting changes in the geo-economic patterns of the uneven distribution of economic activity over space and the underlying strategic decision of firms to re-locate in (or offshore to) knowledge intensive clusters of economic activity. We discuss key theories and empirical evidence to understand these changes and, subsequently, discuss the firm level drivers of these changes. |
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| 4 | Economic Growth in History | EBM101A05 |
| The aims of this module are to provide at an advanced level the sources and methods of quantitative economic history, together with a review of some major findings of economic historical research of interest to economists. This course deals with selected issues during the period of modern economic growth that is, from the industrial revolution until the present time. Within this time frame a comparison will be made between the nature of the growth process in Western Europe during the 19th and the 20th century and that of the post-World War II experience of the East Asian and Latin American countries. The course will address the issue of transferability or replicability of the European experience under different institutional and social conditions. Important questions include: How did globalization begin? When and why did it lead to development or underdevelopment, did it play a role in the great divergence in income between the West and the rest of the world. What was the impact of colonialism and free trade on these regions. What lessons does history teach to countries that want to catch up to the West today? The course focuses on important topics related to modern economic growth: technological progress / general purpose technologies, historical institutional analysis, globalization and the historical geography of economic development and Divergence Big Time: Economic growth since 1870. Students should achieve an understanding of both how economic historical research can be used to shed light on the current state of the economy and how economic analysis can sharpen our understanding of history. |
| Faculteit | Economie en Bedrijfskunde | | Voertaal | Engels | | Coordinator | prof. dr. J. Bolt | | Docent(en) | prof. dr. J. Bolt G. Lecce, PhD. | | Onderwijsvorm | -individuele begeleiding, -interactief hoorcollege | | Toetsvorm | -groepsopdracht, -individuele opdracht, -individuele presentatie | | ECTS | 5 | | Entreevoorwaarden | Introductory bachelor course in Economic History or Development Economics (level: E. Helpman, The Mystery of Economic Growth, London, 2004; David N. Weil, Economic Growth, Singapore, 2009; C.I. Jones, Introduction to Economic Growth, London, 2002; K.G. Persson, An Economic History of Europe: Knowledge, Institutions and Growth, 600 to the Present, Cambridge, 2010). | | Opmerkingen | Info: Dr Jutta Bolt, e-mail j.bolt@rug.nl
Secretary Kim Beute, phone +31(0)50 3637018, e-mail k.beute@rug.nl, room 5411.0734 |
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| 5 | Foreign Dir. Investment & Trade (MSc) | EBM086A05 |
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| Faculteit | Economie en Bedrijfskunde | | Voertaal | Engels | | Coordinator | prof. dr. S. Brakman | | Docent(en) | prof. dr. S. Brakmanprof. dr. J.H. Garretsen | | Onderwijsvorm | -hoorcollege , -werkcollege | | Toetsvorm | -schriftelijk tentamen (open vragen) | | ECTS | 5 | | Entreevoorwaarden | Admittance to the MSc IE&B. | | Opmerkingen | The course will include one or more guest lectures if possible.
Secretariat GEM: gem.feb@rug.nl, +31(0)50 363 3458, 5411.0538. Brakman is coordinator in I a, Kohl is coordinator in II a. |
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| 6 | Global Finance and Growth | EBM150A05 |
| What is money? What is debt? What do banks do? How are financial relations between households and firms organized? And between states? How do financial flows relate to trade flows? What was the Gold Standard and the Bretton Woods system? What system do we have now? Why do countries have international reserves? What are shadow banks? How does the Eurozone work? Why was there a global financial crisis in 2007? Why was there a Eurocrisis? These are the questions we ask in this course. You will acquire theoretical and factual knowledge. You will learn a conceptual apparatus to discuss international finance problems. You will weigh different views on the international financial system. |
| Faculteit | Economie en Bedrijfskunde | | Voertaal | Engels | | Coordinator | prof. dr. D.J. Bezemer | | Docent(en) | prof. dr. D.J. Bezemerdr. J.A. Schasfoort | | Onderwijsvorm | -hoorcollege , -werkcollege | | Toetsvorm | -tussentijds tentamen (open en mc vragen), -tussentijds tentamen (open vragen) | | ECTS | 5 | | Entreevoorwaarden | You should understand balance sheets, national accounting, the balance of payments system, and basic international macroeconomics (exchange rates, interest rates, capital flows) | | Opmerkingen | Secretary: gem.feb@rug.nl; 050 363 3458; 5411.0538 |
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| 7 | Globalization Debates | EBM206A05 |
| In this course you will learn how to apply insights from academic research to major societal challenges in the area of economic development and globalization. Examples of such questions are: Should global trade be further promoted? Should we tax robots? What are the consequences of migration? How to measure and compare welfare across countries? What to do about increasing inequality? The course consists of three blocks of two weeks each. In each block you will discuss a set of major articles, write a policy-relevant summary paper on the topic, and debate your position with fellow students. |
| Faculteit | Economie en Bedrijfskunde | | Voertaal | Engels | | Coordinator | dr. M.V. Nikolova | | Docent(en) | dr. M.V. Nikolovadr. A. Skalli, MA. | | Onderwijsvorm | -werkcollege, -groepsbegeleiding , -hoorcollege | | Toetsvorm | -groepsopdracht, -individuele opdracht | | ECTS | 5 | | Entreevoorwaarden | Only for MSc ED&G students in the track Globalization, Growth and Development | | Opmerkingen | Coordinator email: m.v.nikolova@rug.nl Secretary: Room 5411.0538, E gem.feb@rug.nl, T 050 36 33458 |
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| 8 | Inclusive Finance | EBM069B05 |
| The course is designed for MSc students with a background in (business) economics. The focus is on the role of financial markets in low-income countries with a strong focus on microfinance and financial inclusion. In this course, we will study why financial markets in low income countries fail to provide access to financial services for the poor, which mechanisms allow to provide these services, and which alternative methods are used by the poor to manage their cash flows, finance investments, and cope with income risks. Both theories on financial development and the economics of microfinance as well as empirical applications in low-income countries will be studied in this course. We look at opportunities and limitations of financial institutions in low-income countries in general, and of microfinance institutions in particular. Specific topics include: finance and development; credit market failures; the economics of microfinance; techniques to measure impact of financial interventions on borrower welfare. The course contains main lectures, guest lectures and group oral presentations by students. The course is part of the focus area on finance and development together with the course 'International Finance and Development'. |
| Faculteit | Economie en Bedrijfskunde | | Voertaal | Engels | | Coordinator | dr. K. Czura | | Docent(en) | dr. K. Czura Guest Lecturer(s)dr. A.M. Mueller | | Onderwijsvorm | -gastcollege , -hoorcollege , -werkcollege | | Toetsvorm | -groepspresentatie, -schriftelijk tentamen (open en mc vragen) | | ECTS | 5 | | Entreevoorwaarden | The course is open for all students with a Bsc in business or economics. | | Opmerkingen | The course can be followed as an elective for the different master programmes within the Faculty of Economics and Business and is open for a max of 8 Exchange Students.
The course is part of the focus area on finance and development together with the course International Finance and Development (EBM207A05).
Secretary: Ellie Jelsema, phone: +31 (0)50 3633685, e-mail: e.t.jelsema@rug.nl, room: 5411.0836. |
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| 9 | Master's Thesis ED&G | EBM868B20 |
| The Master's thesis is the final element of the MSc ED&G master program. It should be a reflection of the student's acquired analytical skills in one or more of the knowledge areas of Economic Development and Globalization. The master thesis is a research project which is carried out on an individual basis. The MSc thesis covers the full research cycle, which implies that students develops their own problem setting, specify the research questions and hypotheses from a broader literature, develop their own methodology and organize their own data collection. MSc students are required to participate in the Research Seminar ED&G. |
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| 10 | Research Seminar for ED&G | EBM846C05 |
| This course serves as a methodological preparation for the Master's Thesis ED&G. The first part of the course introduces econometric tools that are typical in the field of ED&G. The second part is about the role of those tools in a research project, such as the thesis. This involves the translation of a research question and hypothesis into a practical research method and how to implement a research method to arrive at reliable conclusions. |
| Faculteit | Economie en Bedrijfskunde | | Voertaal | Engels | | Coordinator | dr. A.C. Steiner | | Docent(en) | dr. A.C. Steinerdr. X. Ye | | Onderwijsvorm | -computer practicum, -hoorcollege | | Toetsvorm | -groepsopdracht, -tussentijds tentamen (open en mc vragen), -tussentijds tentamen (open vragen) | | ECTS | 5 | | Entreevoorwaarden | Students are expected to have econometric/statistical knowledge. In particular, they are expected to be familiar with Chapters 1-8 of Principles of Econometrics by R.C. Hill, W.E. Griffiths and G.C. Lim, 4th Edition. An online refresher module "Research Seminar & Econometrics" is provided in the Refresher Modules MSc ED&G. Admission to the MSc ED&G programme.Admission to the MSc IE&B programme. | | Opmerkingen | Secretary: email: gem.feb@rug.nl, tel.: +31(0)50 363 3458, room: 5411.0538
Coordinator: Andreas Steiner, email: a.c.steiner@rug.nl |
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| 11 | Trade, Environment and Growth | EBM097A05 |
| This course (for which some basic knowledge of matrix algebra is indispensable) applies input-output analysis to issues on trade, on environment, and on growth. For the production of commodities and services, industries depend on other industries for their intermediate products. More and more, such linkages between industries cross borders. Input-output analysis is a tool that takes such interdependencies in the production structure into full account. It has been applied to a wide variety of topics, ranging from international and development economics to disciplines dealing with energy and environmental issues. The course will focus on three such topics. Typical questions are the following. How much high-skilled labor in the US is involved in satisfying the demand for cars by households in Australia, reflecting trade in production factors? What is the greenhouse gas footprint of China, or how large are the Chinese exports of greenhouse gas emissions? What percentage of the growth in German GDP between 1995 and 2009 was due to the increased household consumption in the rest of the EU? To analyze these questions, the World Input-Output Database will be used. |
| Faculteit | Economie en Bedrijfskunde | | Voertaal | Engels | | Coordinator | prof. dr. H.W.A. Dietzenbacher | | Docent(en) | prof. dr. H.W.A. Dietzenbacherprof. dr. B. Los | | Onderwijsvorm | -hoorcollege , -practicum, -werkcollege | | Toetsvorm | -groepsopdracht, individueel tentamen | | ECTS | 5 | | Entreevoorwaarden | Students with a BSc degree in Economics & Business Economics, Econometrics and Operations Research (or a comparable degree). Some basic knowledge of matrix algebra is indispensable for this course. An indication for a sufficient background is Chapters 15 and 16 in Essential Mathematics for Economic Analysis (4th edition) by Sydstaeter, Hammond and Strom, which is taught in the second year course Matrix Analysis and Optimization. | | Opmerkingen | Secretary: gem.feb@rug.nl, +31 (0)50 363 3458, 5411 0538 |
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