The course provides students with a basic knowledge of theories in political economy and models for economic growth and strategies for business development. The course will focus on poverty, social differences and sustainable development through mobilzation of different resources. Local and national economic development will be analyzed within a global economic framework. The course will also discuss how national and international institutions affect economic development and the distribution of resources.
After the course is completed, students should be able to:
describe different schools/perspectives within political economy, economic development thinking and economic geography
give an overview of different kind of resources and technological change which contribute to economic development
understand the importance av human resources, innovation and entrepreneurship in relation to economic development
understand both political and cultural conditions for economic change
explain the main principles for international economic liberalism
analyse local mechanisms for production and distribution within a global economic framework.
Teaching methods and workload
Lectures and group assignments. Estimated workload 27 hours per ECTS.
Course evaluation is carried out as a midterm evaluation in accordance with standard procedure in the quality assurance system, chapter 2.1.1., unless other information is given in the beginning of the semester.