This course is designed to provide students with the understanding of theories of economic growth and development. At the same time the course introduces the students to the empirical analysis of economic growth and to important facts relative to policies and performances of countries. The basic path of the course will be twofold. First, we develop the economics of growth. The basic question will be how well economic theory can explain the actual growth record of the world’s countries. Second, it aims to enable the student to grasp the concepts, appreciate the specific nature of country experiences with growth – including the magnitudes and institutional structure - and develop a skill in using some of the tools of this literature such as growth accounting.

This course equips candidates with in-depth knowledge on classical and Marx's classical growth theories, Keynesian static analysis, Harrod-Domar's growth models, Neo-Classical growth: R. Solow, endogenous growth theories