Syllabus
Registration via LPIS
| Day | Date | Time | Room |
|---|---|---|---|
| Monday | 03/10/25 | 04:00 PM - 06:00 PM | TC.5.04 |
| Monday | 03/17/25 | 04:00 PM - 06:00 PM | TC.5.04 |
| Monday | 03/24/25 | 04:00 PM - 06:00 PM | TC.5.04 |
| Monday | 03/31/25 | 04:00 PM - 06:00 PM | TC.5.04 |
| Monday | 04/07/25 | 04:00 PM - 06:00 PM | TC.5.04 |
| Monday | 04/28/25 | 04:00 PM - 06:00 PM | TC.5.04 |
| Monday | 05/05/25 | 04:00 PM - 06:00 PM | TC.5.04 |
| Monday | 05/12/25 | 04:00 PM - 06:00 PM | TC.5.04 |
| Monday | 05/19/25 | 04:00 PM - 06:00 PM | TC.5.04 |
| Monday | 05/26/25 | 04:00 PM - 06:00 PM | TC.5.04 |
| Monday | 06/02/25 | 04:00 PM - 06:00 PM | TC.5.04 |
| Monday | 06/16/25 | 04:00 PM - 06:00 PM | TC.5.04 |
Introduction to central approaches to growth theory (neoclassical -Solow; endogenous growth theory - Romer).
Introduction to theoretical and empirical applications of the role of culture and institutions for economic development.
After taking the course students will be able to understand the Basics of theoretical approaches to economic growth (neoclassical growth theory and endogenous growth theory) and apply them in context.
Students will understand the importance of culture and institutions for economic development and are able to analyze their impact in context.
Students are able to discuss these topics in international/intercultural teams.
Attendance is compulsory. Two missed units are tolerated (communication not necessary). More than two missed units: only if the reason is serious and communicated to the lecturer before the unit starts.
The course is composed of two parts.
The first part is a set of lectures covering (i) central approaches in growth theory and (ii) theoretical and empirical applications of the role of culture and institutions for economic development.
The first part is complemented by three group assignments (homework), where teams are formed to encourage collaboration in international teams. In two of the group assignments, students revise the basics in economics and solve sample exam questions. In the third group assignment, students perform an empirical exercise and write a research proposal that exploits a potential channel through which culture and/or institutions may affect economic development.
The first part ends with a written exam.
In the second part (approximately 3 units) students prepare and present a term paper (group work).
Exam: max 40 points
Group assignments: max 38 points
Paper presentation: max 22 points
a positive grade requires:
- in total more than 50 points
- more than 18 points on the written exam
- more than 8 points on the group assignments
- more than 8 points on term paper
After the Registration period, students from the waiting list, who don't yet have a valid Registration, will be assigned to available places in the specific courses. This allotment is not based on a first-come first-served principle. Rather, Progress in the studies will be the decisive criterion.
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Solid background in theoretical concepts of "Grundlagen VW", applied microeconomics and international macroeconomics.
after the regular course meetings
or by appointment (please send me an E-Mail: fabian.siuda@wu.ac.at)
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