156-0346/02 – Economic Development B (ER B)
Gurantor department | Department of Applied Economics | Credits | 5 |
Subject guarantor | Ing. Lenka Johnson Filipová, Ph.D. | Subject version guarantor | Ing. Lenka Johnson Filipová, Ph.D. |
Study level | undergraduate or graduate | Requirement | Compulsory |
Year | 3 | Semester | winter |
| | Study language | Czech |
Year of introduction | 2015/2016 | Year of cancellation | 2019/2020 |
Intended for the faculties | EKF | Intended for study types | Bachelor |
Subject aims expressed by acquired skills and competences
- to define and differentiate economic growth and development
- to explain the causes of differences in economic development of nations
- to describe and apply determinants of economic growth and development on the examples from history
- to discuss the institutional aspects of economic growth and development with the emphasis on religion and political regimes
- to prepare and present an essay concerning the topic of economic development
Teaching methods
Lectures
Seminars
Summary
The aim of this course is to introduce students into the problemacy of the contemporary distribution of economic power of nations and countries, their economic development and growth. It is concentrated on the factors of the long-term economic growth with the special attention to the institutional factors such as religion and political aspects. Thus, it explains not only the proximate but also fundamental causes of economic growth. The course follows the course Economic development A which explains theories of economic growth and development and some other aspects of living standars such as environment or renewable resources. The course includes the seminars where the topics of lectures are further discussed with more empirics.
Compulsory literature:
Recommended literature:
Way of continuous check of knowledge in the course of semester
E-learning
Other requirements
Good knowledge of English.
Prerequisities
Subject has no prerequisities.
Co-requisities
Subject has no co-requisities.
Subject syllabus:
1. Introduction. Economic growth, economic development, factors of economic development of nations.
2. Geography as a factor of economic development.
3. Colonization and the establishment of empires. Formation of international trade.
4. Industrial revolution and its impact on economic growth and development.
5. Money and knowledge as factors of economic growth. Impact of capital and savings on economic growth. Increasing impact of knowledge with technological progress. New growth theory.
6. Economic development and growth in Europe, Africa and America up to the 20th century.
7. Economic development and growth in Asia up to the 20th century.
8. 20th century - rapid changes in economic development and growth of regions. Reasons of those changes. The first half of the 20th century.
9. 20th century - rapid changes in economic development and growth of regions. Reasons of those changes. Second half of the 20th century.
10. Religion, culture and its impact on economic growth and development.
11. Politics, political regimes and their impact on economic growth and development.
12. Contemporary questions and their impact on future economic development: globalization and economic development - goods, services, human capital, finance.
13. Contemporary questions and their impact on future economic development: global governance of economic development
14. Efficiency of development aid - institutions, politics, aims, instruments.
Conditions for subject completion
Occurrence in study plans
Occurrence in special blocks
Assessment of instruction