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Economic Growth and Development

Economic Growth and Development
156-0579/01
angličtina Economic Growth and Development
156-0579/02
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. ISBN: 978-0-691-13292-1.
CAMERON, R. and Larry NEAL. A Concise Economic History of the World. 5th ed. Oxford: Oxford University Press, 2016. ISBN: 9780199989768 .
VAN DEN BERG, H. Economic Growth and Development. London: World Scientific Publishing Co., 2017. 978-981-4733-33-5.

Advised literature

BAUMOL, W. J., LITAN, R. E. and Carl J. SCHRAMM. Good Capitalism, Bad Capitalism and the Economics of Growth and Prosperity. New Haven: Yale University Press, 2007. ISBN: 978-0-300-10941-2 .
RODRIK, D. One Economics, Many Recipes. Globalization, Institutions, and Economic Growth. Princeton: Princeton University Press, 2007. ISBN: 13 978-0-691-12951-8.
WEIL, D. N. Economic Growth. 3rd ed. Harlow: Pearson, 2013. ISBN: 9780273775348 .


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Language of instruction angličtina, angličtina
Code 156-0579
Abbreviation ERR
Course title Economic Growth and Development
Coordinating department Department of Applied Economics
Course coordinator doc. Ing. Mariola Pytliková, Ph.D.