Module

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 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 environmental consequences of growth and the roles of institutions, geography and culture in economic growth.

Additional Information:

Employability

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.

Sustainability

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:2020/1
Module lecturers:
  • Professor John Maloney - Convenor
Module credit:15
ECTS value:

7.5

Pre-requisites:

BEE2038 and BEE2039 or BEE2025 and BEE2026

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

11

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
271230

Details of learning activities and teaching methods

CategoryHours of study timeDescription
Scheduled Learning and Teaching Activity22Lectures
Scheduled Learning and Teaching Activity5Tutorials
Guided Independent Study123Reading, research and reflection. Preparation for lectures, tutorials, coursework and exam

Formative assessment

Form of assessmentSize of the assessment (eg length / duration)ILOs assessedFeedback method
Presentation (individual, with choice of working with partner)15 minutes1-8Verbal comments at end of seminar

Summative assessment (% of credit)

CourseworkWritten examsPractical exams
20800

Details of summative assessment

Form of assessment% of creditSize of the assessment (eg length / duration)ILOs assessedFeedback method
Examination802 hours 15 minutes1-5, 7, 8Individual written or verbal feedback to student (if requested)
Essay20Max. 1,600 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
ExaminationExamination (2hr 15 min)1-5, 7-8August/September reassessment period
EssayEssay (1600 words)1-5, 7-8Due by 31st August

Re-assessment notes

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

Syllabus plan

  • Neoclassical growth theory
  • Endogenous growth theory
  • Technology and growth
  • Post-Keynesian growth theory
  • Is trade good for growth?
  • Institutions and growth
  • Democracy, government and growth
  • Geography and growth
  • Culture and growth
  • Ancestry and growth
  • Environmental consequences of growth

Indicative learning resources - Basic reading

David Weil, Economic Growth


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

 

Module has an active ELE page?

Yes

Indicative learning resources - Web based and electronic resources

Module’s ELE page will contain but not be limited to recordings of any asynchronous classes, slides, handouts, slides from student individual or group presentations, reading list compiled by the library, discussion forum

Origin date

01/09/2011

Last revision date

14/08/2020