The module aims to develop the skills and knowledge of Economic History and Development necessary for a career as an academic economist and in all areas where advanced research skills in economics are required. Specifically, it aims to teach the students to understand, appreciate, and ultimately contribute to, frontier research. It is intended to be comparable to modules taught in the best research universities in the USA and elsewhere in Europe.
Principal Learning Outcomes
Have a good overview and a thorough understanding of Economic History and Development. Develop a critical knowledge of recent research in some key areas of Economic History and Development. Enable students to pursue their own research agenda in the field.
Topics might include:
Sources of persistence of regional disparities in economic development, focussing on geography, culture and institutions.
Inter-relations between trust and regulations; collectivist versus individualist organisations; inter-relations between institutions; comparative advantage and patterns of trade.
Macroeconomics of development: growth accounting; productivity differences across countries; misallocation of resources; structural transformation; civil war and violence.
Microeconomics of development: household behaviour; human capital formation; credit and insurance markets; agrarian institutions; imperfect contracting and reputation; micro-enterprises; industry studies; globalization and development; corruption; state capacity; behavioural economics applications in development.
- Optional Module
- L1PJ - Year 2
- Pre or Co-requisites
- Satisfactory completion of MRes year 1
- Assessment Method
- Coursework (100%)
- Coursework Details
- Two assignments worth 50% each
- Exam Timing