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EC3303 Economic Growth

SCOTCAT credits:20
Academic year(s):2017/8
SCQF Level 9
Planned timetable:9.00 am - 11.00 am Wed.

Growth is one of the core issues in Economics which has intrigued economists for more than a century. In spite of their effort, many questions remain unanswered, making this one of the most interesting and challenging field in Economics. A recurring theme of this course will be the question "Why are some countries so rich, while others are so poor?" The main objective of this course will be to apply economic theory to better understand and interpret empirical observations with respect to economic development and growth. In this course, we will study the main facts characterizing economic development and growth over time and across countries and the ability of theoretical models to account for these facts.

Place in programme(s) and relationship to other modules


Optional for all Economics degrees, Financial Economics, BA (Int Hons) Economics

UG Pre-requisite(s):Permission of the Economics Honours Adviser
UG Anti-requisite(s):EC3203, EC4201

Learning and teaching methods and delivery

Weekly contact:20 hours of lectures over 11 weeks, 1-hour tutorial (x 5 weeks) plus 1 office hour (x 12 weeks).
Total module hours:
  • Scheduled learning: 25
  • Guided independent study: 175

Assessment pattern

UG As defined by QAA:
  • Written examinations: 75%
  • Practical examinations: 0%
  • Coursework: 25%
UG As used by St Andrews:2-hour Written Examination = 50%, Coursework (incl. Class Test 25%) = 50%
UG Re-assessment:2-hour Written Examination = 100%


Module coordinator:Dr R Stefanski
Module teaching staff:Dr R Stefanski