Syllabus Information

5.1. Methodological overview

The methodology followed in this course is oriented towards achievement of the learning objectives. It is based on  learning theoretical contents, readings and active participation in class.. A wide range of teaching and learning tasks are implemented, such as lectures, practical activities, readings, autonomous work and tutorials.

Further information regarding the course will be provided on the first day of class.

5.2. Learning tasks

The course includes 6 ECTS organized according to:

- Lectures : 30 hours (two hours every week)

The professor presents theoretical contents in class.

- Practice sessions : 30 hours (two hours every week)

Students read and prepare readings and quantitative information (graphics, tables, model results..)

In addition the oral participation is valued.  

Students and professor resolve the issues and questions suggested.

- Autonomous work and Assesment: 75 hours.

Autonomous work: autonomous study and preparation of practice sessions.

- Tutorials : 15 hours.

Professors´ office hours can be used to solved doubts and to follow-up student´s work.

- Total: 150 hours (6ETCS)

5.3. Syllabus

The course will address the following topics:

1.     Economic development in the long run

 Growth and development. Modern economic growth: characteristics and causes. The two waves of globalization. Income disparities. Economic growth and the environment.

2.     Institutional change.

Institutional change and market economies. The evolution of enterprises and the managerial business system. The evolution of the labor market.  Emergence and evolution of the modern financial system. The growth of public intervention.

3.     The origins of modern economic growth.

The British industrial revolution. The spread of industrialization. The growth of the Settler Economies.  The economic backwardness in the non-Western World.

4.     Models of economic growth in the twentieth century.

 The 1930s’ economic crisis. The golden age of capitalism. The Soviet economy and the European planned economies. Economic growth of the developing countries. The 1970s’ oil crisis.

5.     The bases of present day global economy

The second wave of globalization. Emerging Markets.

 European Integration. The Great Recession.

5.4. Course planning and calendar

For further details concerning the timetable, classroom and exam dates regarding this course please consult the different centres website.

5.5. Bibliography and recommended resources