Learning outcomes

At the end of this course, students will be able to:

  • Conduct an Economic Growth Diagnosis: Analyze the economic growth of a given economy.
  • Demonstrate Mastery of Theoretical Foundations: Show a solid understanding of the theoretical underpinnings of economic growth.
  • Identify Immediate Causes of Growth: Determine the immediate factors contributing to the growth of a given economy, including:
    • Factor Accumulation: Physical capital and human capital.
    • Factor Productivity: Efficiency and technology.
    • Structural Change: Reallocation of production factors (e.g., labor) across different economic sectors.
  • Determine Deep Causes of Growth: Identify some of the fundamental or deep-rooted causes of economic growth, such as:
    • Geography and Climate
    • Institutional Quality
  • Explain Income and Growth Inequalities: Analyze the disparities in income and growth between countries.
  • Relate Growth to Other Aspects of Development: Connect economic growth with other development dimensions (e.g., education, health).

Other Learning Outcomes:

  • Construct and Analyze Macro-Economic Time Series Data: Build and analyze a database of macroeconomic time series to determine sources of growth.
  • Utilize Research Resources: Effectively use documentary resources.
  • Communicate Effectively: Present information in French (written, oral, reading), in English (reading), and through graphical means.

 

Goals

This course addresses issues such as:

• Why are some countries rich and others poor?

• Why do some countries grow faster, and steadily, than others?

Content

Immediate Causes of Economic Growth

  • Deepening the Facts to Explain
  • Accumulation of Physical Capital
  • Population
  • Accumulation of Human Capital
  • Productivity
  • Explaining Differences in Productivity
  • Structural Changes and Growth

Deep Causes of Growth, Inequality, Poverty

  • Deep Causes of Growth: Geography, Climate, Institutions
  • Other Aspects of Development: Human Development and Structural Aspects
  • Inequality, Growth, and Development

Teaching methods

• Ex-cathedra course, with discussions, to introduce theoretical concepts and case studies

• Project-based and participatory learning

Assessment method

The evaluation consists of two parts:

  • Group Projects: Collaborative projects developed in teams.
  • Continuous Assessment Throughout the Semester: Short questions based on previous classes.

Sources, references and any support material

The course is summarised in slides available on webcampus Other references

1. Weil, D., 2012, Economic Growth, 3rd Edition, Pearson Ed.

2. Acemoglu, D., 2009, Introduction to Modern Economic Growth, Princeton

3. Banerjee, A., Duflo, E. 2012, Rethinking Poverty

4. Articles from scientific journals and the press

Language of instruction

French
Training Study programme Block Credits Mandatory
Bachelor in Economics and Management Standard 0 5
Bachelor in Economics and Management Standard 3 5