Growth and Development
- Faculty
Faculty of Business Management and Social Sciences
- Version
Version 1 of 24.06.2024.
- Module identifier
22B1533
- Module level
Bachelor
- Language of instruction
English
- ECTS credit points and grading
5.0
- Module frequency
only winterterm
- Duration
1 semester
- Brief description
The wealth and poverty of nations is the grand object of all enquiries in Political Economy (Malthus 1817). This course spans from the dawn of mankind to future scenarios and covers natural/man-made drivers/impediments of growth and development.
- Teaching and learning outcomes
I. Fundamentals of Development - Government - Inequality - Culture - Geography, Climate, Natural Resources II. Accumulation and Growth - Physical Capital - Population - Human Capital III. Long-run Trends - Historical Episodes (incl. Collapses) - Future Population Dynamics - Resources, Environment, and Sustainability
- Overall workload
The total workload for the module is 150 hours (see also "ECTS credit points and grading").
- Teaching and learning methods
Lecturer based learning Hours of workload Type of teaching Media implementation Concretization 41 Lecture Presence - 10 Practice Presence - 2 Examination Presence - Lecturer independent learning Hours of workload Type of teaching Media implementation Concretization 47 Preparation/follow-up for course work - 25 Study of literature - 25 Exam preparation -
- Graded examination
- Written examination or
- Portfolio exam
- Remark on the assessment methods
The portfolio exam covers 100 points an consists of two one-hour written examinations. The two written examinations are weighted by 50 points each.
- Exam duration and scope
Written examinations: in accordance with the valid study regulations
The requirements are specified in the respective lectures.
- Recommended prior knowledge
Recommended, but not a requirement: Microeconomics, Macroeconomics
- Knowledge Broadening
Students who studied successfully know the key questions and concepts of growth and development (e.g. long-run determinants of the wealth and poverty of nations).
- Knowledge deepening
They are able to identify causal chains between a given set of preconditions and its impact on prospects for growth and development.
- Knowledge Understanding
Students develop an understanding of diverse aspects of growth and development, including technical knowledge and scientific reasoning (e.g. correlation vs. causation), and can evaluate respective proposals.
- Application and Transfer
Students are able to apply economic instruments to growth and development issues and to develop own approaches in a multidimensional setting.
- Academic Innovation
Students will be able to creatively use a selected set of economic tools and develop possible solutions.
- Communication and Cooperation
They develop their skills in arguing for or against contentious growth and development policy measures and, in doing so, learn how to integrate different perspectives.
- Academic Self-Conception / Professionalism
Students will have developed an ability to abstract that allows them to apply economic concepts to current economic policy issues and make a multidimensional assessment.
- Literature
Skala, M. (2021): Economic Models: www.zemit.wi.hs-osnabrueck.de/econmodels2/index.html ******** Primary Textbook: - Weil, D.N. (latest ed.): Economic Growth. ******** - Diamond, J. (1998): Guns, Germs and Steel. - Diamond, J. (2011): Collapse: How Societies Choose to Fail or Survive. - Easterly, William (2002): The elusive quest for growth – Economists‘ adventures and misadventures in the tropics. - Landes, David S. (1999): The Wealth and Poverty of Nations: Why Some Are So Rich and Some So Poor. - Meadows, D.H. u.a. (2004): Limits to Growth – The 30-Year Update. - Tainter, J. A. (2017): The Collapse of Complex Societies, 29th ed. - Other entries given in the lecture.
- Linkage to other modules
The module is analytically linked to microeconomics, macroeconomics, and international economics, and together with other approaches, e.g. from geography and culture, provides a global framework in which all economic activities (whether business, private, or governmental) are embedded.
- Applicability in study programs
- Business Law (Bachelor)
- Business Law, LL.B.
- International Business and Management
- International Business and Management, B.A.
- Business Management in the Health Sector
- Business Management in the Health Sector, B.A.
- International Management
- International Management, B.A.
- International Economics and Sustainability
- International Economics and Sustainability B.A. (01.09.2024)
- Business Administration and Management
- Business Administration and Management, B.A.
- Person responsible for the module
- Skala, Martin
- Teachers
- Skala, Martin