Course ObjectiveThis course aims at providing a solid understanding of economic growth
and its links to sustainability and changes in well-being.
After successfully completing this course you will:
- have a deeper understanding of economic growth theory (Academic and
- have an understanding of drivers of growth, both theoretically and
empirically (Academic and Research Skills);
- have insight into the relationship between growth, sustainability and
changes in well-being (Bridging Theory and Practice - Knowledge);
- have insight into the long-term balancing of growth in income,
environmental sustainability and changes in other aspects of society
(Bridging Theory and Practice - Knowledge);
- be able to describe and interpret patterns of growth (Bridging Theory
and Practice - Application);
- be able to apply growth theory to practical policy issues (Bridging
Theory and Practice - Application);
- be able to judge the prospects of the concept of green growth
(Broadening your Horizon);
- be able to judge the prospects of the concept of inclusive
growth(Broadening your Horizon).
Course ContentGrowth in knowledge has been main driver of increases in per capita
income over the past 300 years, but has also changed the organization of
society and has put pressure on natural resources. Major questions are
why countries grow, why growth rates differ between countries and over
time and how economic growth can be reconciled with societal wellbeing
and environmental sustainability. These questions will be analysed by
studying the main theoretical models as well as by relating empirical
data to theory.
The course starts with a series of lectures on Growth Theory, providing
a theoretical and conceptual basis for exploring the major growth
related questions of today’s society. Subsequently three of those major
growth related questions, namely on sources of growth, green growth and
inclusive growth will be addressed. Throughout the course theoretical
models will be confronted with empirical data.
Teaching MethodsLectures and tutorials.
Method of AssessmentTests, assignment and written exam.
Entry RequirementsQuantitative Research Methods I, Macroeconomics I, Microeconomics I.
LiteratureTextbook and selected papers and reports.
Target AudienceEBE students in the Economics track.
Recommended background knowledgeQuantitative Research Methods II, Macroeconomics II, Microeconomics II,
Regional and Urban Economics.
|Language of Tuition||English|
|Faculty||School of Business and Economics|
|Course Coordinator||prof. dr. M.W. Hofkes|
|Examiner||prof. dr. M.W. Hofkes|
prof. dr. P.F. Lanjouw
prof. dr. M.W. Hofkes
You need to register for this course yourself
Last-minute registration is available for this course.
|Teaching Methods||Seminar, Lecture|
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