Economic Growth
| Module title | Economic Growth |
|---|---|
| Module code | BEE3053 |
| Academic year | 2024/5 |
| Credits | 15 |
| Module staff | Professor John Maloney (Convenor) |
| Duration: Term | 1 | 2 | 3 |
|---|---|---|---|
| Duration: Weeks | 11 |
| Number students taking module (anticipated) | 197 |
|---|
Module description
World poverty is the most important economic issue of our age, and no economics student should be without an understanding of its causes, and the role of economic growth and trade in lifting people out of it. The module embraces a wide range of issues. These include the theory of economic growth, the actual growth experience (if any) of developing countries, the relation between free trade and growth, the environmental consequences of growth and the roles of institutions, geography and culture in economic growth.
Additional Information:
Employability
The transferable skills listed below are chosen with regard to employability.
Research in Teaching
The module draws on the lecturer's own research in the subject.
Sustainability
The issue of sustainability arises in our critical look at those environmentalists who are opposed to economic growth in the first place.
The assessment structure on this module is subject to review and may change before the start of the new academic year. Any changes will be clearly communicated to you before the start of term and if you wish to change your module as a result of this you can do so in the module change window.
Module aims - intentions of the module
To instil an understanding of the subject-matter above and to develop the skills listed below.
Intended Learning Outcomes (ILOs)
ILO: Module-specific skills
On successfully completing the module you will be able to...
- 1. understand why some countries are so much richer than others
- 2. propose remedies for world poverty and evaluate the contributions of overall economic growth and freer trade in overcoming it
- 3. explore the multiplicity of fallacies on the subject perpetrated by the economically illiterate
- 4. use econometrics to trace the links between trade, poverty, growth and political institutions
ILO: Discipline-specific skills
On successfully completing the module you will be able to...
- 5. apply economic theory to contemporary world problems, and be able to judge which theories to try to apply
ILO: Personal and key skills
On successfully completing the module you will be able to...
- 6. speak to an audience
- 7. write in good English
- 8. think logically
Syllabus plan
- Neoclassical growth theory
- Endogenous growth theory
- Technology and growth
- Post-Keynesian growth theory
- Is trade good for growth?
- Institutions and growth
- Democracy, government and growth
- Geography and growth
- Culture and growth
- Ancestry and growth
- Environmental consequences of growth
Learning activities and teaching methods (given in hours of study time)
| Scheduled Learning and Teaching Activities | Guided independent study | Placement / study abroad |
|---|---|---|
| 27 | 123 | 0 |
Details of learning activities and teaching methods
| Category | Hours of study time | Description |
|---|---|---|
| Scheduled Learning and Teaching Activity | 22 | Lectures |
| Scheduled Learning and Teaching Activity | 5 | Tutorials |
| Guided Independent Study | 123 | Reading, research and reflection. Preparation for lectures, tutorials, coursework and exam |
Formative assessment
| Form of assessment | Size of the assessment (eg length / duration) | ILOs assessed | Feedback method |
|---|---|---|---|
| Presentation (individual, with choice of working with partner) | 15 minutes | 1-8 | Verbal comments at end of seminar |
Summative assessment (% of credit)
| Coursework | Written exams | Practical exams |
|---|---|---|
| 20 | 80 | 0 |
Details of summative assessment
| Form of assessment | % of credit | Size of the assessment (eg length / duration) | ILOs assessed | Feedback method |
|---|---|---|---|---|
| Examination | 80 | 2 hours 15 minutes | 1-5, 7, 8 | Individual written or verbal feedback to student (if requested) |
| Essay | 20 | Max. 1,600 words | 1-5, 7,8 | Written comments on essay |
Details of re-assessment (where required by referral or deferral)
| Original form of assessment | Form of re-assessment | ILOs re-assessed | Timescale for re-assessment |
|---|---|---|---|
| Examination | Examination (2hr 15 min) | 1-5, 7-8 | August/September reassessment period |
| Essay | Essay (1600 words) | 1-5, 7-8 | Due by 31st August |
Re-assessment notes
* Students who fail the module should re-take any failed elements.
Indicative learning resources - Basic reading
David Weil, Economic Growth
Weil, D. (2013) Economic Growth, 3rd edition, Pearson/Addison Wesley
Indicative learning resources - Web based and electronic resources
Module’s ELE page will contain but not be limited to recordings of any asynchronous classes, slides, handouts, slides from student individual or group presentations, reading list compiled by the library, discussion forum
| Credit value | 15 |
|---|---|
| Module ECTS | 7.5 |
| Module pre-requisites | BEE2039 or BEE2026 |
| Module co-requisites | None |
| NQF level (module) | 6 |
| Available as distance learning? | No |
| Origin date | 01/09/2011 |
| Last revision date | 21/03/2023 |
