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Course Description
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Course Name
Institutions, Trade & Economic Growth
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Host University
King's College London
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Location
London, England
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Area of Study
Economics, International Business, International Economics
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Language Level
Taught In English
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Course Level Recommendations
Lower
ISA offers course level recommendations in an effort to facilitate the determination of course levels by credential evaluators.We advice each institution to have their own credentials evaluator make the final decision regrading course levels.
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Contact Hours
45 -
Recommended U.S. Semester Credits3 - 4
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Recommended U.S. Quarter Units4.5 - 6
Hours & Credits
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Overview
This course examines how political, economic, and social institutions shape economic growth and development. Students will explore the definition and types of institutions, including formal laws and informal norms. The course covers historical impacts on contemporary economies, geographical and historical roots of growth-relevant institutions, theoretical frameworks by scholars like Douglass North, Jared Diamond and Daron Acemoglu and empirical evidence linking institutional quality to economic performance. Case studies of various countries will illustrate the diverse effects of institutions. Additionally, students will discuss policy implications and potential reforms to enhance growth. The module includes lectures, readings, discussions, and case studies to provide a comprehensive understanding of the role of institutions in economic development.
By the end of the module, you should:
Understand the fundamental role of political, economic, and social institutions in shaping economic growth and development.
Analyse theoretical frameworks and empirical evidence linking institutional quality to economic performance across different countries and regions.
Develop critical thinking skills through case studies and discussions on policy implications and potential reforms to enhance institutional quality and promote sustainable economic growth.
Course Disclaimer
Courses and course hours of instruction are subject to change.
Eligibility for courses may be subject to a placement exam and/or pre-requisites.
Some courses may require additional fees.
Availability of courses is based on enrollment numbers. All students should seek pre-approval for alternate courses in the event of last minute class cancellations