LES5780 - Development Economics

Credit hours

Instructor
Humberto Francisco Silva Spolador

Objective
As a graduate course, considerable emphasis will be given to economic theory and its applications to
analyze contemporary economic issues. The models will be developed and analyzed in the context of
issues related to development and economic growth, and international trade. More specifically, the
objective of the course is to develop skills and knowledge for the use of modern economic growth
models, which emphasize the sources of short and long-term growth and, in general, their implications
for economic development policies.

Content
1. Development economic issues; 2. Microeconomic preliminaries; 3. Sustainable development and the
environment; 4. The neoclassical growth model – stochastic version; 5. The role of technology on
economic growth; 6.Productivity growth and real exchange rate; 7. Productivity, efficiency and technical
change; 8. Financial integration and capital inflows 9. Institutions and economic growth; 10.
International commodities prices and developing countries growth.

Bibliography
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