ECON5515 Economic Growth and Institutions

6 points
(see Timetable)
Semester 2UWA (Perth)Face to face
The academic objectives of this unit are to give students a grounding in how the institutional context within countries can affect, and be affected by, economic growth and development. The content of the unit covers the sources of growth; the impact that human capital, demography and health has on economic development over time; the role of various political, legal, fiscal and economic institutions in economic development; and the causes and consequences of inequality on economic growth.
Students are able to (1) demonstrate an understanding of the various sources of economic growth across both countries and time; (2) explain the long run determinants of economic growth; (3) distinguish between and discuss the various types of institutions (political, legal, administrative, economic and social) and explain how they each may influence (and be influenced by) economic development; and (4) critically evaluate the issues surrounding poverty and inequality.
Indicative assessments in this unit are as follows: (1) mid semester test; (2) presentation and written essay ; and (3) final exam. Further information is available in the unit outline.

Supplementary assessment is not available in this unit.
Unit Coordinator(s)
Professor Jakob Madsen
Contact hours
seminars: 3 hours per week
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