Topics in Economic Development

3 credits · Undergraduate

(3 hrs Lecture) Interest in the topic of economic development has enjoyed resurgence in academic circles given the emergence of "new growth theory" and endogenous models of economic growth. These models place greater emphasis upon human capital accumulation, innovation, and growth. Concurrently, the rise of Southeast Asian economies has challenged conventional views about how the West grew rich or, more recently, why Latin America did not. This course is designed to examine the new growth theory literature in the context of recent historical changes in the world economy. Restrictions: Honours Form Required. Requisite Courses: ECON-2101 and ECON-2102 with a minimum grade of C+ [prerequisite(s)].