Economic Growth

Module description

World poverty is the most important economic issue of our age, and no economics student should be without an understanding of its causes, and the role of economic growth and freer (or less free) trade in lifting people out of it. The module embraces a wide range of issues. These include the theory of economic growth, the actual growth experience (if any) of developing countries, the relation between free trade and growth, the reasons for and effects of foreign direct investment, and the roles of institutions, geography and culture in economic growth.

Additional Information:


The transferable skills listed below are chosen with regard to employability.

Research in Teaching

The module draws on the lecturer's own research in the subject.


The issue of sustainability arises in our critical look at those environmentalists who are opposed to economic growth in the first place.

Full module specification

Module title:Economic Growth
Module code:BEE3053
Module level:3
Academic year:2016/7
Module lecturers:
  • Professor John Maloney - Convenor
Module credit:15
ECTS value:



BEE2025 and BEE2026 or BEE2024

Duration of module: Duration (weeks) - term 2:


Module aims

To instil an understanding of the subject-matter above and to develop the skills listed below.

ILO: Module-specific skills

  • 1. understand why some countries are so much richer than others
  • 2. propose remedies for world poverty and evaluate the contributions of overall economic growth and freer trade in overcoming it
  • 3. explore the multiplicity of fallacies on the subject perpetrated by the economically illiterate
  • 4. use econometrics to trace the links between trade, poverty, growth and political institutions

ILO: Discipline-specific skills

  • 5. apply economic theory to contemporary world problems, and be able to judge which theories to try to apply

ILO: Personal and key skills

  • 6. speak to an audience
  • 7. write in good English
  • 8. think logically

Learning activities and teaching methods (given in hours of study time)

Scheduled Learning and Teaching ActivitiesGuided independent studyPlacement / study abroad

Details of learning activities and teaching methods

CategoryHours of study timeDescription
Contact hours22Lectures
Contact hours5Tutorials

Formative assessment

Form of assessmentSize of the assessment (eg length / duration)ILOs assessedFeedback method
2 Presentations15 minutes each1-8Verbal comments at end of seminar

Summative assessment (% of credit)

CourseworkWritten examsPractical exams

Details of summative assessment

Form of assessment% of creditSize of the assessment (eg length / duration)ILOs assessedFeedback method
Examination902 hours1-5, 7, 8Individual written or verbal feedback to student (if requested)
Essay10Max. 2000 words1-5, 7,8Written comments on essay

Details of re-assessment (where required by referral or deferral)

Original form of assessmentForm of re-assessmentILOs re-assessedTimescale for re-assessment
Essay + ExamEssay and/or Exam*1-5, 7-8Referred exam in August or September. Essay by 31 August.

Re-assessment notes

* Students who fail the module should re-take any failed elements.  

Syllabus plan

Neoclassical growth theory
• Endogenous growth theory
• Is trade good for growth?
• Does trade relieve poverty?
• Foreign direct investment and its distribution
• Institutions and growth
• Democracy, government and growth
• Geography and growth
• Culture and growth
• Ancestry and growth


Indicative learning resources - Basic reading

Weil, D. (2013) Economic Growth, 3rd  edition, Pearson/Addison Wesley

Module has an active ELE page?


Origin date


Last revision date