EGSC is a semester-long course that explores the literature on economic growth from
theoretical, empirical and political economy perspectives. The course provides evidence
on past trends and current (under)development of countries and scrutinizes key features
of the economic development processes and factors behind these differences. The
course reviews political economy theories that place attention to the role of formal
institutions, such as democracy and autocracy, as major causes of economic
development. Structural transformation has become in the last decades a fundamental
theory to understand economic growth differences across countries. This course will walk
students through the linkages between the theories of economic growth and structural
change to understand better the policy implications and factors of sustainable economic
development. The course is organized along the following four broad sections: 1)
definition and measurement of economic growth, 2) formal institutions, 3) economic
convergence and poverty worldwide, 4) structural change.
- Lehrende(r): Izaskun Zuazu Bermejo