- Docente: Rainer Andergassen
- Crediti formativi: 6
- SSD: SECS-P/02
- Lingua di insegnamento: Inglese
- Modalità didattica: Convenzionale - Lezioni in presenza
- Campus: Rimini
- Corso: Laurea Magistrale in Resource economics and sustainable development / economia delle risorse e dello sviluppo sostenibile (cod. 8839)
Conoscenze e abilità da conseguire
The purpose of this course is to enable students to rigorously analyse the complex relationship between growth, development and the supporting resource base. Students will be led to analytically assess the possibility and consequences of decreasing returns on living standards and welfare. Although theoretical and general, formal analysis will be complemented by historical reference to acquire a methodological approach relating abstract analysis to actual historical record. Mathematical methods will be used to deal with innovation-led growth but the implicit costs in terms of pollution will be carefully considered. Students will learn that environmental policies are an essential part of the process of development. It will be shown that pollution abatement methods are to be fully considered in the economy production core and as crucial determinants of the overall rate of growth. It is an object of the course to shed light on the implicit race between increasing productivity and decreasing returns to natural resources suggesting that, in the long run, the race has no apparent winner.
Contenuti
Learning outcomes
The course introduces students to the main issues in sustainable economic development. In particular, students will learn what the main facts of economic growth are; why poverty in some countries persists; why countries are at different stages of economic development; why some countries converge in terms of income per capita and why some others diverge; how to combine economic development and environmental sustainability.
Contents
1. Development and sustainability: questions and issues
2. From stagnation to growth
3. Convergence and Divergence
4. Poverty traps
5. Growth and the environment
Testi/Bibliografia
Aghion, Philippe and Peter Howitt, 2009. The Economics of Growth. MIT Press.
Galor, Oded, 2005, From Stagnation to Growth: Unified Growth Theory, Handbook of Economic Growth, 2005, 171-293
Galor, Oded and David N. Weil, 2000, Population, Technology and Growth: From Malthusian Stagnation to the Demographic Transition and Beyond, American Economic Review, 90, 806-828
Ghatak, Maitreesh, 2015, Theories of Poverty Traps and Anti-Poverty Policies, World Bank Economic Review, 29, S77-S105
Jones, I. Charles, 2016. The facts of Economic Growth. Forthcoming, Handbook of Macroeconomics 2A, Ch1.
Matsuyama, Kiminori, 2011, Imperfect Credit Markets, Household Wealth Distribution, and Development, Annual Review of Economics, 3, 339-362.
Sachs, Jeffrey D., 2015. The Age of Sustainable Development. Columbia University Press.
Links to papers and books will be available through the e-learning webpage
Metodi didattici
Traditional lectures. Slides will be available in the e-learning web page.
Modalità di verifica e valutazione dell'apprendimento
Grading (out of 30) will be as follows:
- 50% Written test (essay) on topics discussed during lectures
- 50% presentation and research project
Presentation: Students should choose one of the topics discussed during lectures (i.e. Unified growth theories - demographic transition; poverty traps; convergence - divergence; growth and the environment) and present a paper published in a leading economic journal. The presentation should conclude with a research proposal. The research project, to be handed in at a later date, should be 2/3 pages long and contain the following: background, research question and methodology (data sources and model).
Strumenti a supporto della didattica
Slides will be available in the e-learning web page.
Orario di ricevimento
Consulta il sito web di Rainer Andergassen
SDGs
L'insegnamento contribuisce al perseguimento degli Obiettivi di Sviluppo Sostenibile dell'Agenda 2030 dell'ONU.