SØK 3600 Sustainable Economic Development
SØK 3600 Sustainable Economic Development
The course provides an introduction to the relationship between sustainability and economic development. It offers an overview of fundamental economic growth theory, including neoclassical growth theory and endogenous growth theory. A main theme is what characterizes economic development that can be sustained in the long term. The topics also include sustainable growth and the use of natural resources, pollution, and climate. Other discussed topics include distribution and public finances.
Upon completion of the course, students will have knowledge about:
- Basic theory of economic growth.
- Relationships between growth and the use of natural resources, pollution, and climate.
- Relationships between economic growth, public finances, and debt.
- Ricardian equivalence.
- Relationships between economic growth and distribution:
- Between countries
- Between individuals
- Between labor and capital
- Between generations
- Gender and sustainability
- Economic growth and education
- Economic growth and governance
- Economic growth and infrastructure
- Public goods
The course will equip students with the skills to:
- Explain and discuss the driving forces behind economic growth.
- Analyze and discuss the relationships between economic growth and sustainability in a broad sense. This includes skills to discuss relationships between economic growth and:
- Use of natural resources
- Public finances
- Institutions and governance
Students will gain competence to analyze long-term economic issues. What type of growth is sustainable in the long run? How does economic growth affect the environment and distribution? Students will achieve competence in economic growth, as well as in understanding how economic growth influences and is influenced by economic policy, distribution, and access to natural resources.
- Solow’s growth model
- Simple endogenous growth theory
- Economic growth and education
- Economic growth and the use of natural resources
- Economic growth, climate, and pollution
- Economic growth and distribution:
- Between countries
- Between individuals
- Between labor and capital
- Gender and sustainability
- Economic growth, public finances, and debt
- Economic growth and infrastructure
- Public goods
- Discounting
The course consists of 36 lectures. Additionally, there will be digital learning resources such as videos, multiple-choice tests, and assignments.
Higher Education Entrance Qualification
Disclaimer
Deviations in teaching and exams may occur if external conditions or unforeseen events call for this.
SØK 3420 Economics I, SØK 3500 Economics 2 (or SØK 1220 Microeconomics—economic theory).
| Assessments |
|---|
Exam category: School Exam Form of assessment: Written School Exam - digital Exam/hand-in semester: First Semester Weight: 100 Grouping: Individual Support materials:
Duration: 5 Hour(s) Exam code: SØK 36001 Grading scale: ECTS Resit: Examination every semester |
| Activity | Duration | Comment |
|---|---|---|
Teaching | 42 Hour(s) | |
Student's own work with learning resources | 158 Hour(s) |
A course of 1 ECTS credit corresponds to a workload of 26-30 hours. Therefore a course of 7,5 ECTS credit corresponds to a workload of at least 200 hours.
