| Course Unit Code | 156-0379/01 |
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| Number of ECTS Credits Allocated | 5 ECTS credits |
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| Type of Course Unit * | Compulsory |
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| Level of Course Unit * | Second Cycle |
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| Year of Study * | First Year |
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| Semester when the Course Unit is delivered | Summer Semester |
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| Mode of Delivery | Face-to-face |
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| Language of Instruction | Czech |
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| Prerequisites and Co-Requisites | Course succeeds to compulsory courses of previous semester |
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| Name of Lecturer(s) | Personal ID | Name |
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| FIL03 | Ing. Lenka Johnson Filipová, Ph.D. |
| PYT005 | doc. Ing. Mariola Pytliková, Ph.D. |
| Summary |
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| Learning Outcomes of the Course Unit |
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- understanding of models of economic growth (Solow model, new theory of growth)
- understanding of the differences between proximite and fundamental factors of economic growth in the countries
- the ability to explain the causes of differences in the economic level of the countries, both in terms of historical development and current problems
- ability to describe and explain the impact of geographical, cultural and institutional factors of economic growth
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| Course Contents |
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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.
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| Recommended or Required Reading |
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| Required Reading: |
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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. |
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. |
| Recommended Reading: |
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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. |
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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| Planned learning activities and teaching methods |
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| Lectures, Tutorials |
| Assesment methods and criteria |
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| Task Title | Task Type | Maximum Number of Points
(Act. for Subtasks) | Minimum Number of Points for Task Passing |
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| Credit and Examination | Credit and Examination | 100 (100) | 51 |
| Credit | Credit | 25 | 18 |
| Examination | Examination | 75 | 33 |