The exam may be difficult for students with a poor background in economics. So some sections are optional (indicated with OPTIONAL). Students aiming for top marks should also study these parts.
Preliminaries. The facts on growth, development, and population: past, present, future.
We shall start by examining some stylized date beginning from a secular view on economic development; we shall then look at the economic consequences of the pandemic on the world economy; finally we shall examine the current trends in population growth.
Maddison, Angus, The World Economy: A Millennial Perspective, Development Centre Studies: Paris: OECD Publishing; 12 June 2001; available from the library (use one search). Chapters 1, 2, 3 are all interesting, but for the exam you may focus upon pp. 17-32, 44-48, 125-135. Maddison with higlights (in yellow) Please, download it asap that I have not much space for other materials.
UNCTAD, Trade & development report 2020. Read the OVERVIEW and comments to figure 1.1 and table 1.1
United Nations, Department of Economic and Social Affairs, Population Division (2019). World Population Prospects 2019: Highlights. ST/ESA/SER.A/423 (for the exam you will focus upon the most relevant stylised facts).
(Sorry, the UN document is too heavy to be uploaded)
2. Background economic theories
In part 2 we shall revise the main economic theories which influence our views of economic growth and development. Alternative theories examined in point 3 and growth models examined in point 4 are based on these theories.
Chapters to be studied refer to:
Sergio Cesaratto, Heterodox Challenges in Economics - Theoretical Issues and the Crisis of the Eurozone, Springer, 2020
Introduction Chapter 1 Please, read it
The classical surplus approach (Mercantilists, Smith, Ricardo, Marx and Sraffa) Chapter 2 Focus on sections 2.1/2/3/8/12/18 (but if interested read the rest)** (if interested, see also https://www.deps.unisi.it/it/ricerca/pubblicazioni-deps/quaderni-deps/an...)
Marginalism(neoclassical theory) Chapter 2 Focus on sections 3.1/2/3/4/5/6/7/10/11 (but if interested read the rest)
The Keynesian revolution Chapter 4. Focus on sections from 4.1 to 4.9 and the appendix (but if interested read the rest)
Theories of money (exogenous and endogenous), the foreign constraint and the balance of payments Chapter 5. Focus on all sections with the exception of section 5.6, (but if interested read the rest)
Sergio Cesaratto (2020) Heterodox Challenges in Economics – Theoretical Issues and the Crisis of the Eurozone, Springer. Chapters 1, 2, 3, 4 (5).
(Italian students can use the Italian edition: Sei lezioni di economia, Dairkos, 2019; Spanish speaking students can use the Spanish edition: Cesaratto, S. (2021) Seis lecciones de economía, El Viejo Topo, https://www.elviejotopo.com/libro/seis-lecciones-de-economia/).
3. The origin of civilization
The program continues in the web page of the course: