Development Economics

See semester study programme.

1. Introduce the basic problems, concepts and techniques related to economic growth and development. 2. Help the students in their understanding of the role of different factors of growth in economic theory and in economic policy. 3. Show contemporary discussions on world's problems of growth and development.

The course attempt to answer to two fundamental questions of modern economics. Where does economic growth come from?

Why are some countries rich and other poor? The first question is answered by the classical model of economic growth of Solow

supplemented with more recent endogenous growth modelling. Individual factors of growth are discussed: institutions, human

capital, social capital, technology, resources and natural environment. Coordination errors and emergence of multiple equilibria in the presence of scale economies is the most important part of the course.

Literatura podstawowa:

M.Todaro, S.Smith, Economic Development, 10th ed., Pearson Addison Wesley, London 2008; Ekonomia rozwoju (red. R.Piasecki), PWE Warszawa 2007; A.P.Thirlwall, Growth and Development, 8th ed., MacMillan Press Ltd, London 2006; D.Ray, Development Economics, Princeton University Press, Princeton 1998; D.Weil: Economic Growth, 2nd ed., Pearson Addison Wesley, Boston 2008; Z.Kozak, Ekonomia zacofania i rozwoju, "Monografie i opracowania", nr 477, SGH, Warszawa 2001; K.Hoff, J.Stiglitz, Modern Economic Theory and Development, w: Frontiers in Development, G.Meier, J.Stiglitz ed., Oxford University Press, Oxford 2000; M.Garbicz, Niedorozwój a korzyści skali, w: Szkice ze współczesnej teorii ekonomii, red. W.Pacho, OW SGH, Warszawa 2005.

Literatura uzupełniająca:

Y.Hayami, Y.Godo, Development Economics. Wealth of Nations, 3rd ed. Oxford 2005; G.Meier, J.E.Rauch, (edit.), Leading Issues in Economic Development, Oxford 2000; A.Sen, Resources, Values and Development, Oxford 1984; R.Rapacki, red., Wzrost gospodarczy w krajach transformacji. Konwergencja czy dywergencja?, PWE 2009.

Wiedza:

1. Student acquires knowledge of the conceptual foundation of development economics, in particular of modern growth economics.

2. Student is able to analyze factors determining long term prospects of economic growth.

3. Student knows the methodology of conducting research works.

Umiejętności:

1. Student acquires abilities to use theoretical and empirical knowledge for analyzing concrete economic problems of growth and development.

2. Student is able to analyze, evaluate and interpretprocesses of economic change in different institutional contexts based across countries.

3. Student is able to analyze the role of the state and law in economic and social development.

Kompetencje społeczne:

1. Student participates in discussions on problems related to economic growth,

including institutional change, building on acquired theoretical and empirical

knowledge.

2. student demonstrates the ability to actively participate in shaping a democratic society.

egzamin tradycyjny-pisemny: 60.00%

referaty/eseje: 40.00%