Credits: 6

Schedule: 29.10.2019 - 10.12.2019

Teacher in charge (valid 01.08.2018-31.07.2020): 

Matti Sarvimäki

Teaching Period (valid 01.08.2018-31.07.2020): 

II Autumn (2018-2019), Töölö campus

II Autumn (2019-2020), Otaniemi campus

Learning Outcomes (valid 01.08.2018-31.07.2020): 

At the end of the course, students will be familiar with (a) the basic facts about long-term economic growth, (b) the main theories for why some places grew rich while others did not, and (c) examples of empirical work attempting to test these theories. In addition, the course will provide historical perspective for understanding the causes and consequences of financial crises.

Content (valid 01.08.2018-31.07.2020): 

This course documents and explains the history of economic growth. Topics discussed include technological and financial innovation, political and economic institutions, industrialization, international trade, social mobility and inequality. We discuss how cross-country differences in economic development have been explained by differences in geography, culture, institutions and luck, and review work assessing the empirical relevance of these explanations. We also cover research on financial crises and the industrial revolution.

Assessment Methods and Criteria (valid 01.08.2018-31.07.2020): 

  1. Lectures
  2. Essay (50% of the final marking)
  3. Final exam (50% of the final marking)

Workload (valid 01.08.2018-31.07.2020): 

  1. Lectures: 26 h
  2. Independent study: 130 h
  3. Exam: 4 h

Study Material (valid 01.08.2018-31.07.2020): 

Readings assigned in the course

Course Homepage (valid 01.08.2018-31.07.2020): 

https://mycourses.aalto.fi/course/search.php?search=31E40100

Prerequisites (valid 01.08.2018-31.07.2020): 

31C01200 Taloustieteen empiiriset menetelmät or 30C00200 Econometrics or 30C00500 Ekonometria, or Capstone course 31C99904 Econometrics and Data Analysis

Grading Scale (valid 01.08.2018-31.07.2020): 

0-5

Registration for Courses (valid 01.08.2018-31.07.2020): 

Course and exam via WebOodi

Description

Registration and further information