0. Course information and outline GROWTH ECONOMICS and Fund-raising in international cooperation SECS-P01, CFU 9 Economics for Development academic year 2017-18 0. Course information and outline Roberto Pasca di Magliano Fondazione Roma Sapienza-Cooperazione Internazionale roberto.pasca@uniroma1.it

General Information Magistral cource «Economics for Development» Pre-requisities: good knowledge of basic economic theories, both micro and macro Approach: growth theory vs. empirical application and real experiences Lectures: Monday 12-15 o’clock (aula Blu5), Thursday10-13 o’clock (aula 304, 3’ piano Scienze Politiche) Examination in presence, students’ papers accepted as partial evaluation Cultore della materia: dott. Daniele Terriaca, daniele.terriaca@gmail.com Assistant to the course: dr. Andrea Ranelletti, andrea.ranelletti@gmail.com Roberto Pasca di Magliano 2017-18

Objectives Basic concepts: Main micro and macroeconomic issues Theories and Models Theory of Growth: Classical approach Technical Progress Keynesian model Neo Classical model Human capital Endogenous growth models Political Economy of Growth: Governance Digital Transformation and Sharing Economy Case Studies: Italy and European Union Governmental & Companies’ opinion leaders Roberto Pasca di Magliano 2017-18

Outline Introduction to Economics: Introduction to the fundamentals of both macro and micro economic studies Main School of Thought Introduction to Growth Economics: Definition of growth and main differences to development economic- Classical Theories: An overview of the main features relevant to the study of growth economics Harrod-Domar Model: Presentation of the first keynesian model of growth Schumpeter’s contribution to the growth theory: Destructive role of innovation and the impact on the market structure The Solow Growth Model: presentation of the first neo-classical model of growth Technological Progress: Production function with technical progress, Kuznet investment cycle Innovation transfer to Sme’s: Research and development, financial tools to support start-up growth Human Capital Models: Presentation of endogenous growth models Capitalism and crises: Discussion of main issues Democracy, Education and Governance: Relationship between free market and democracy, rules for good governance Finance for development: Analysis of the main instruments and their social impact Sovereign Wealth Funds: Role and strategy of one of the main financial instrument sustain capital accumulation Fund-raising laboratory Roberto Pasca di Magliano 2017-18

slides from the lectures Books for the exam Pasca di Magliano R., Growth Economics and Policy: Theories and models”, Ed. Nuova Cultura, Roma 2017 (available at Chioschi Gialli in eBook and paper print) slides from the lectures additional Papers on Fund-raising in international cooperation Roberto Pasca di Magliano 2017-18