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Economic Growth and Development

Economic Growth and Development
114-0579/01
angličtina Economic Growth and Development
114-0579/02
angličtina

Summary

The course is focused on the expanation of the theories of economic growth and development and their application on the real data of the countries. First, the neo-classical Solow model with its practical application is described, followed by models of a new theory of growth concentrating on human capital and endogenous technological progress. In addition to the traditional proximite factors of economic growth, the course deals with the fundamental factors of economic growth, including path dependence, institutions, culture and geographic factors.

Literature

ACEMOGLU, D. Introduction to modern Economic Growth. Princeton: Princeton University Press, 2009. 990 p. ISBN: 978-0-691-13292-1.
SCHWAB, Klaus and Peter VANHAM. Stakeholder Capitalism: A Global Economy that Works for Progress, People and Planet. Hoboken, New Jersey: Wiley, 2021. 304 p. ISBN 978-1119756132 .
WEIL, David N. Economic Growth. London: Routledge, 2019. 586 p. ISBN 978-0321795731 .

Advised literature

BERNARDELLI, Michal et al. Economic Growth and Convergence. Global Analysis through Econometric and Hidden Markov Models. London: Routledge, 2021. 196 p. ISBN 9780367774905 .
CAMERON, Rondo and Larry NEAL. A Concise Economic History of the World. 5th ed. Oxford: Oxford University Press, 2016. ISBN: 9780199989768 .
UNDP (United Nations Development Programme). 2022. Human Development Report 2021-22: Uncertain Times, Unsettled Lives: Shaping our Future in a Transforming World. New York.


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Language of instruction angličtina, angličtina
Code 114-0579
Abbreviation ERR
Course title Economic Growth and Development
Coordinating department Department of Economics
Course coordinator doc. Ing. Jan Janků, Ph.D.