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Presentation
Presentation
This course aims to integrate the different but complementary perspectives of economic growth and development, allowing to study the quantitative increase of productive capacity, as well as the qualitative transformation of the economic and social structures. The course is divided in three parts with different objectives:
Objective 1 - Know the definitions, measurements, data and facts of the two phenomena; understand the economic and social reality of countries at different stages of development.
Objective 2 - Study different theories of economic growth, the factors determining the rate of economic growth and the success or failure of some development strategies.
Objective 3 - Study from an empirical perspective of different topics relevant to development and to the fight against poverty and inequality in the least developed countries.
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Class from course
Class from course
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Degree | Semesters | ECTS
Degree | Semesters | ECTS
Bachelor | Semestral | 5
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Year | Nature | Language
Year | Nature | Language
3 | Mandatory | Português
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Code
Code
ULHT32-17117
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Prerequisites and corequisites
Prerequisites and corequisites
Not applicable
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Professional Internship
Professional Internship
Não
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Syllabus
Syllabus
0. Presentation and Introduction
1. Growth and Development: Definitions, Measures, and Facts
2. Economic Growth
2.1 Introduction to Economic Growth
2.2 Solow model
2.3 Human Capital and Economic Growth
2.4 Population and Economic Growth
2.5 Endogenous Growth Theories
2.6 Technology transfer
2.7 The Role of the State
3. Development Economics
3.1 Introduction to Development Economics
3.2 Relevant empirical methods
3.3 Topics in Economic Development: Aid; Education; Agriculture and Industrialization; Microcredit; International trade/Globalization; Culture; Inequality; Colonialism/Institutions/Corruption; Natural resources and geographic conditions
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Objectives
Objectives
Students will get in touch with the economic and social reality of countries at different stages of development, study the economic challenges of less developed countries, and analyze public policies and interventions to address these challenges.
At the end of the course, students should be able to:
- Know the alternative methods for measuring the phenomena of economic growth and development, as well as their advantages and disadvantages.
- Know the facts about growth, poverty and inequality in the global economy and specific regions.
- Compare and contrast key growth theories and development perspectives.
- Understand the interconnection between inequality, poverty, growth and development.
- Understand the link between different factors and economic growth and development, both from a theoretical and empirical perspective, know what the most recent empirical studies have shown so far.
- Apply theoretical knowledge in the analysis of practical problems.
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Teaching methodologies and assessment
Teaching methodologies and assessment
Include also innovative methodologies to support the teaching-learning process.
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References
References
Jones, Charles I., Introduction to Economic Growth, Second Edition, W. W. Northon & Company
Cypher, J. & Dietz, J., The Process of Economic Development, Routledge, Londres
Todaro, M. P. & Smith, S., Economic Development, Pearson
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Office Hours
Office Hours
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Mobility
Mobility
No