LEARNING OUTCOMES
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.
Credits: 6
Schedule: 10.01.2023 - 20.02.2023
Teacher in charge (valid for whole curriculum period):
Teacher in charge (applies in this implementation): Matti Sarvimäki
Contact information for the course (applies in this implementation):
CEFR level (valid for whole curriculum period):
Language of instruction and studies (applies in this implementation):
Teaching language: English. Languages of study attainment: English
CONTENT, ASSESSMENT AND WORKLOAD
Content
valid for whole curriculum period:
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 for whole curriculum period:
- Lectures
- Assignments (50% of the final marking)
- Final exam (50% of the final marking)
Workload
valid for whole curriculum period:
- Lectures: 26 h
- Independent study: 130 h
- Exam: 4 h
DETAILS
Substitutes for Courses
valid for whole curriculum period:
Prerequisites
valid for whole curriculum period:
SDG: Sustainable Development Goals
1 No Poverty
2 Zero Hunger
3 Good Health and Well-being
4 Quality Education
5 Gender Equality
6 Clean Water and Sanitation
8 Decent Work and Economic Growth
9 Industry, Innovation and Infrastructure
10 Reduced Inequality
11 Sustainable Cities and Communities
12 Responsible Production and Consumption
13 Climate Action
16 Peace and Justice Strong Institutions
17 Partnerships for the Goals
FURTHER INFORMATION
Further Information
valid for whole curriculum period:
Teaching Language : English
Teaching Period : 2022-2023 Spring III
2023-2024 Spring IIIEnrollment :
Registration in Sisu.