Syllabus


Course Description

Ever since the emergence of economics as a discipline, economists have been trying to provide an answer to what causes some countries to be poor and others rich. Are economies’ fates determined by their geographical endowments? Their culture? Their institutions? Why do some countries produce so much more output than others even under similar technical circumstances? What is the effect of globalization on development? What are the historical roots of contemporary economic performance? These questions occupy an increasing part of the agenda among growth and development economists. In this course we will study some of the answers that have been proposed to these and other questions.

The objective of the course is to introduce you to the frontier of research in the area of economic growth and comparative development. Additionally, it will introduce you to some of the necessary economic, computational, and mathematical tools to read, understand, and replicate the current academic research in this area. The course will give you the opportunity to learn to present and criticize other people’s ideas through presentations, replications and referee reports. Finally, the course will give you the opportunity to work on a research question of your own in this area.


Learning Outcomes

You will learn key models in economic growth and comparative development. By the end of the course, you will be familiar with the frontier research done in the area of economic growth and comparative development. You will know the main theories and empirical facts. You will learn the basic skills for research in economics. Finally, you should be able to provide and test solve models for your research.


Text

We will mainly use (working) papers and chapters from the Handbook on Economic Growth and other sources. Some useful books to read and have are:


Software

We will learn some computational tools that are useful for research. For this purpose, try to download and install the following software:

We will take some time to ensure everyone is up and running (instructions here). Since Python+Jupyter will be our main language of analysis and replication, I suggest you learn some basic Python at CodeAcademy.com and go over the Part I of Sargent and Stachurski’s Quantitative Economics (Python).


Course Requirements

Reading: ** Required, * Suggested. Reading the material before coming to class is required. This will increase your understanding of the various subjects we will cover and allow you to ask questions and participate in the discussion. * Attendance: Attendance is obligatory and does affect your grade directly. * Homework: There will be no homework Disability Accommodations: Students needing academic accommodations for a disability must first be registered with Disability Accommodations & Success Strategies (DASS) to verify the disability and to establish eligibility for accommodations. Students may call 214-768-1470 or visit http://www.smu.edu/alec/dass to begin the process. Once registered, students should then schedule an appointment with the professor to make appropriate arrangements.

  • Religious Observance: Religiously observant students wishing to be absent on holidays that require missing class should notify their professors in writing at the beginning of the semester, and should discuss with them, in advance, acceptable ways of making up any work missed because of the absence. (See University Policy No. 1.9. or SMU official holiday calendar)

  • Excused Absences for University Extracurricular Activities: Students participating in an officially sanctioned, scheduled University extracurricular activity should be given the opportunity to make up class assignments or other graded assignments missed as a result of their participation. It is the responsibility of the student to make arrangements with the instructor prior to any missed scheduled examination or other missed assignment for making up the work. (University Undergraduate Catalogue)

  • Honor Code: All work undertaken and submitted in this course is governed by the University’s honor code. If any student is unclear about the University’s honor policy – either in general or its particular application in this course – please contact your instructor immediately.

* Exams: NO EXAMS OR QUIZZES.

Grading Criteria

Grading will be based mainly on a research proposal/paper. Prior to this you have to present in class your proposal and make an appointment to discuss it. This will count for 40% of your final grade. Another 25% will be based on writing and discussing in class a referee report for 3 papers from the reading list. The last 25% will come from presenting 3 papers from the reading list (about 60-75 minutes each presentation).

  • Research Paper…………........……………………………………………….40%
  • Referee reports, replication notebooks, Slides/LaTeX files, Code ……….20%
  • Presentations………………………………….......……………………………25%
  • Attendance and Participation…………........…………………………………15%

Presentation-Referee Reports Tips

The referee reports and presentation should cover the following:

  • Why is the paper important (or why not)?
  • An overview of the core contributions of the paper.
  • What you liked or did not like about the paper.
  • How could be improved, what other questions may be asked
  • How the paper is connected to others in the course.

I will provide more guidance on this in class.


Tentative Course Outline

If you do not have access to the papers consider using the Unpaywall extension for your browser, Sci Hub or download this folder (you need the password).


From Stagnation to Growth:

The evolution of economies from the dawn of human civilization to the modern era


The Malthusian Epoch: Theory and Empirics


Population and Growth: Theories of the Demographic Transition


Unified Growth Theory: Theory and Quantitative Evaluation


Comparative Economic Development

Overview of the Literature


Geography


Culture

Cultural Evolution Models

Intergenerational Transmission of Culture & Mobility

Religion

Religion, Culture and Political Economy

Trust


Institutions

Colonial Origins & Reversal of Fortune

Legal Origins


Human Capital


Isolation, Globalization & Market Access


Diversity


Persistence


The Neolithic Revolution

Origins

Consequences


State Formation and State Capacity


Health, Life-Expectancy and Development


Conflict & Borders


Handbooks & Surveys


The dates and information provided in this document are for information and planning purposes only. The dates are subject to change based on the material covered and unexpected circumstances that require changing the schedule.