Growth, Institutions and Business

Faculteit Economie en Bedrijfskunde
Jaar 2017/18
Vakcode EBB022A05
Vaknaam Growth, Institutions and Business
Niveau(s) bachelor, uitwisseling
Voertaal Engels
Periode semester II a
ECTS 5
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Uitgebreide vaknaam Growth, Institutions and Business
Leerdoelen Upon completion of the course the student is able to:
1. describe the main explanations for long term economic convergence and divergence in the academic literature.
2. explain the role of investments, human capital, technology, institutions and geography in the economic performance of nations.
3. critically discuss these explanations and formulate clear and focused arguments in a written essay.
Omschrijving Economists are increasingly aware of the fact that path dependency characterizes processes of economic growth. Choices made by economic actors in the past have a far-reaching influence on the nature and rate of growth in later periods. Economic behaviour which at first sight might seem unfamiliar and even irrational, can be quite logical when the historical context is taken into account. We focus on the question of prime determinants of growth and change. We will analyse to what extent economic growth is driven by factor substitution and/or the introduction of new (general purpose) technologies. We will then pay attention to fundamentals of growth, like institutions and culture and geography in shaping development. In our discussion the main economic growth models will receive ample attention. Additionally, the application of a historical and comparative perspective gives insights in deeply engrained differences and the impact of variety on economic growth.
Uren per week 4
Onderwijsvorm hoor- en werkcolleges
(Lectures, tutorials. Students write an assignment based upon the literature before the tutorial. Assignments and literature will be discussed during the tutorial)
Toetsvorm opdracht(en), schriftelijk tentamen met open vragen
(individuele mondelinge presentatie en groepsopdracht (schrijfopdracht))
Vaksoort bachelor
Co├Ârdinator D. Chilosi
Docent(en) dr. J. Bolt , D. Chilosi
Verplichte literatuur
Titel Auteur ISBN Prijs
Economic Growth, 3rd edition, 2013, Boston: Pearson Education, Chapters indicated in course book on Nestor. Weil, David N. 9780321795731 ca. €  50,00
Selected articles from academic journals Various
Entreevoorwaarden
Opmerkingen Coördinator: D. Chilosi, d.chilosi@rug.nl
Secretary: Marianne Fry, m.fry@rug.nl, kamer 5411.0734
Opgenomen in
Opleiding Jaar Periode Type
BSc Economics and Business Economics/E&BE  ( International Economics & Business/IE&B) 2 semester II a verplicht
BSc Economics and Business Economics/E&BE  ( Economics) 2 semester II a verplicht
Courses open to Exchange Students (BSc)  ( Courses open to Exchange Students (BSc) without limited access) 2 semester II a keuze