114-0379/01 – Economic growth and development (ERR)

Gurantor departmentDepartment of EconomicsCredits5
Subject guarantorprof. Ing. Jaromír Gottvald, CSc.Subject version guarantorprof. Ing. Jaromír Gottvald, CSc.
Study levelundergraduate or graduateRequirementCompulsory
Study languageCzech
Year of introduction2020/2021Year of cancellation
Intended for the facultiesEKFIntended for study typesFollow-up Master
Instruction secured by
LoginNameTuitorTeacher giving lectures
GOT40 prof. Ing. Jaromír Gottvald, CSc.
FIL03 Ing. Lenka Johnson Filipová, Ph.D.
SUL0018 Ing. Jan Šulák, Ph.D.
Extent of instruction for forms of study
Form of studyWay of compl.Extent
Full-time Credit and Examination 3+1

Subject aims expressed by acquired skills and competences

- understanding of models of economic growth (Solow model, new theory of growth) - understanding of the differences between proximite and fundamental factors of economic growth in the countries - the ability to explain the causes of differences in the economic level of the countries, both in terms of historical development and current problems - ability to describe and explain the impact of geographical, cultural and institutional factors of economic growth

Teaching methods



Compulsory literature:

ACEMOGLU, D. Introduction to Modern Economic Growth. Princeton: Princeton University Press, 2009. ISBN: 978-0-691-13292-1. CAMERON, R. and Larry NEAL. A Concise Economic History of the World. 5th ed. Oxford: Oxford University Press, 2016. ISBN: 9780199989768. VAN DEN BERG, H. Economic Growth and Development. London: World Scientific Publishing Co., 2017. 978-981-4733-33-5.

Recommended literature:

BAUMOL, W. J., LITAN, R. E. and Carl J. SCHRAMM. Good Capitalism, Bad Capitalism and the Economics of Growth and Prosperity. New Haven: Yale University Press, 2007. ISBN: 978-0-300-10941-2. RODRIK, D. One Economics, Many Recipes. Globalization, Institutions, and Economic Growth. Princeton: Princeton University Press, 2007. ISBN: 13 978-0-691-12951-8. WEIL, D. N. Economic Growth. 3rd ed. Harlow: Pearson, 2013. ISBN: 9780273775348.

Way of continuous check of knowledge in the course of semester


Other requirements

No other requirements.


Subject has no prerequisities.


Subject has no co-requisities.

Subject syllabus:

The course is focused on the expanation of the theories of economic growth and development and their application on the real data of the countries. First, the neo-classical Solow model with its practical application is described, followed by models of a new theory of growth concentrating on human capital and endogenous technological progress. In addition to the traditional proximite factors of economic growth, the course deals with the fundamental factors of economic growth, including path dependence, institutions, culture and geographic factors.

Conditions for subject completion

Full-time form (validity from: 2020/2021 Winter semester)
Task nameType of taskMax. number of points
(act. for subtasks)
Min. number of points
Credit and Examination Credit and Examination 100 (100) 51
        Credit Credit 25  1
        Examination Examination 75  1
Mandatory attendence parzicipation: ...

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Occurrence in study plans

Academic yearProgrammeField of studySpec.ZaměřeníFormStudy language Tut. centreYearWSType of duty
2022/2023 (N0311A050012) Applied economics (S02) Economic Development P Czech Ostrava 1 Compulsory study plan
2022/2023 (N0311A050012) Applied economics (S01) International Economic Relations MER P Czech Ostrava 1 Compulsory study plan
2021/2022 (N0311A050012) Applied economics (S02) Economic Development P Czech Ostrava 1 Compulsory study plan
2021/2022 (N0311A050012) Applied economics (S01) International Economic Relations MER P Czech Ostrava 1 Compulsory study plan

Occurrence in special blocks

Block nameAcademic yearForm of studyStudy language YearWSType of blockBlock owner