Infopaket

Economic Development

ОК 18

Обов’язкова дисципліна для ОП

First

2023/2024

8 Semester

5

PLO 4. To understand the principles of economics, especially the functioning of economic systems PLO 9. To realize the main features of the modern world and national economy, the institutional structure, directions of social, economic and foreign economic policy of the state. PLO 11. To be able to analyze the processes of government authorities and market regulation of socio-economic and labor relations PLO 17. To perform multidisciplinary analysis of socio-economic phenomena and problems in one or more professional fields, taking into account risks and possible socio-economic consequences

Full-time form

1. Know the basic concepts of microeconomics and macroeconomics. 2. Possess the skills of macroeconomic analysis.

The course structure has two modules: Content module 1 Principles and Concepts of Economic Development Content module 2. The Macroeconomics and International Economics of Economic Development Module 1 “Principles and Concepts of Economic Development” is devoted to the study of the meaning and measurements of economic Development, its theories, factors of economic growth, problems of poverty and inequality etc. Module 2 “The Macroeconomics and International Economics of Economic Development” covers the macroeconomic and international aspects of economic development.

1. Schumpeter J.A. The Theory of Economic Development, Routledge Classics, 1st Edition, 2021. 2. Acemoglu D. Introduction to Modern Economic Growth, Princeton University Press, 2009. 3. Romer D. Advanced Macroeconomics, McGraw-Hill Education; 5th edition, 2018. 4. Warner M. Poverty and Freedom: Case Studies on Global Economic Development, Bowker, 2019. 5. Barro R.J., Sala-I-Martin X. Economic Growth, The MIT Press, 2nd Edition, 2003. 6. Furtado C., Furtado M.T. The Myth of Economic Development (Critical South), Polity, 1st edition, 2020. 7. Sachs J. The End of Poverty: Economic Possibilities for Our Time, Penguin Books, 2006. 8. Baland J.-M., Bourguignon F., Platteau J.-P., Verdier T. The Handbook of Economic Development and Institutions, Princeton University Press, 2020. 9. Aghion P., Howitt P., Bursztyn L. The Economics of Growth, The MIT Press, 2008.

Lecture, practical training, individual student’s self-study, exam

- semester evaluation: 1. Test (LO 1.1-1.3; 2.1-2.3) - 10 points / 4 points; 2. Oral examination (LO 1.1-1.3; 2.1-2.3) - 5 points / 2 points; 3. Solving problems (LO 1.1-1.3; 2.1-2.3) - 5 points / 2 points; 4. Module test (2 MT, 10 points max. each) (LO 1.1-1.3; 2.1-2.3) - 20 points / 14 points; 5. Individual student’s self-study (1 project) (LO 1.1-1.3; 2.1-2.3) - 20 points / 14 points; - final evaluation in the form of the exam A student is not allowed to take the exam if he / she received less than 36 points during the semester. If the student's grade on the exam is lower than the minimum threshold level (24 points), the points for the exam are not added to the semester grade (considered equal to zero), and the final grade in the discipline is unsatisfactory.

English