2018-2019 Academic Catalog 
    Nov 27, 2021  
2018-2019 Academic Catalog [ARCHIVED CATALOG]

ECON 328 - Economic Growth & Development

This course focuses mainly on economic growth.  The first part of the course is a historical survey of development theory. We discuss the ideas of the ‘classical’ development theorists, structuralist and dependency theory, and the ‘basic needs’ approach to development.  Next, we look at more modern incarnations of development theory beginning with the neoclassical critique of classical and structuralist development economics and continuing with contemporary growth theory.  After reviewing basic growth theory, we spend the rest of the semester looking at the empirical evidence for various proposed determinants of economic growth including:  human capital, institutions, inequality, natural resources, foreign aid and international trade.

Prerequisites: ECON 302 

Anticipated Terms Offered: Offered every other year