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ECON402 Growth, Institutions and Development

Examines theoretical and empirical aspects of economic growth and development, with emphasis on the role of institutions and human capital.

This paper covers theories and evidence relating to the determinants of economic growth and development. The paper reviews neoclassical growth theories examining the accumulation of inputs, including the Overlapping Generations Model and the Ramsey-Cass-Koopmans Model, and theories that examine the "endogenous" development and transfer of technology. The paper also examines the institutional roots of economic growth and analyses alternative empirical models and experiments that have been used to test hypotheses about the determinants of economic growth and development arising from the theoretical literature.

Paper title Growth, Institutions and Development
Paper code ECON402
Subject Economics
EFTS 0.1667
Points 20 points
Teaching period Not offered in 2023 (On campus)
Domestic Tuition Fees (NZD) $1,163.90
International Tuition Fees Tuition Fees for international students are elsewhere on this website.

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ECON 375 and ECON 377
ECON 428
Recommended Preparation
ECON 376
Teaching staff

To be advised when paper next offered.


To be advised when paper next offered.

Graduate Attributes Emphasised
Global perspective, Interdisciplinary perspective, Lifelong learning, Scholarship, Communication, Critical thinking, Information literacy, Research, Self-motivation.
View more information about Otago's graduate attributes.
Learning Outcomes

Students who successfully complete this paper will be able to:

  1. Manipulate standard growth models and appreciate their policy implications
  2. Read and critically assess recent empirical and experimental work in economic growth and development

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Not offered in 2023

Teaching method
This paper is taught On Campus
Learning management system