Economic Growth and Historical Development
Module: | Macroeconomics I |
Lecturer: | JProf. Dr. Nina Boberg-Fazlic & Tom Görges |
Scope / Credits: | 4 SWS / 7,5 Credits |
Course type: | Lecture and exercise |
Language: | English |
Date and place: | tba |
Beginning: | First week of semester |
Exam: | Graded written exam (90 minutes) or oral exam (15-30 minutes) covering the entire module (mode will be announced in time) |
Overview
Teaching content
Why are some countries rich and others are poor? This course provides an understanding of long-run development and studies the underlying causes of income differences across countries. The focus of the lectures is the theoretical and conceptual background of proximate and fundamental factors in economic growth and development. In the exercise classes, empirical articles will be dis-cussed with a focus on causal inference based on historical data.
Competencies
Students learn to understand and discuss long-term economic relationships and developments. They also learn to apply their knowledge of empirical methods to articles that conduct quantitative analysis, to discuss and to critically assess these. Understanding past (historical) growth episodes, helps to inform policy on how to achieve economic growth and sustained development.
Participation requirements
- none
- Recommended: basic knowledge of macroeconomics and econometrics.
Module type and usability of the module
Compulsory elective module in the master's programs in business and economics, economics for a teaching profession, business mathematics, industrial engineering, logistics, mathematics, statistics and economics, and journalism.